The media can’t stop discussing Chadstone’s new luxury precinct (see our reports on 20 November and 13 November). And for Chanel in particular, the news was all about the initial sales frenzy.
We read in a report in The Australian that “16 Chanel handbags sold within the first 30 minutes.” Each bag was priced at AU $4910. Only 100 of these limited-edition gold quilted bags were created by Karl Lagerfeld specifically for the opening of this boutique.
Unfortunately, our other piece of local news is not as uplifting. The Prada boutique located in Martin Place, Sydney, was ransacked this week, and thousands of dollars worth of “new line stock” was stolen. Click here to read more.