Luxury designer handbags already do have pretty high prices, but it somehow that is not enough. The rumor is going around that Louis Vuitton and Chanel are increasing prices on some of their products starting February 1st. Which is, of course, tomorrow. I don't know the exact numbers, but from what I've hear LV can increase prices by up to 15% and Chanel by 25%. Oh well, another thing we bag-maniacs just have to deal with.