Luxury group Chanel increases prices for second time this year

French luxury house Chanel has increased prices for a second time this year, it said on Friday, as high-end brands seek to protect margins from the fallout of the coronavirus pandemic.In a statement responding to a Reuters query, Chanel said the latest price increases were "the consequence of recent significant exchange rate fluctuations between the euro and certain local currencies," without giving further details."These adjustments are made in all the countries where it is necessary and are th