Chanel was established in 1910 by Coco Chanel. Chanel offers a range of products, including bags, watches, clothing, earrings, and perfumes. At some point, many people have wondered, "Why is Chanel so famous? Why is Chanel so expensive?" When you consider clothes made with similar materials but without the Chanel logo, they would not cost as much, likely only a fraction of the price. The value of Chanel's products increases due to the inclusion of the Chanel logo. With its simple yet iconic logo and a long-standing luxurious image, Chanel has maintained an extremely high perceived value to this day.
(Pic Reference: Chanel.com)
Chanel was established in 1910 by Coco Chanel. Chanel offers a range of products, including bags, watches, clothing, earrings, and perfumes. At some point, many people have wondered, "Why is Chanel so famous? Why is Chanel so expensive?" When you consider clothes made with similar materials but without the Chanel logo, they would not cost as much, likely only a fraction of the price. The value of Chanel's products increases due to the inclusion of the Chanel logo. With its simple yet iconic logo and a long-standing luxurious image, Chanel has maintained an extremely high perceived value to this day.