I saw several blog posts about Chanel’s “Le Vernis Black Velvet” nail polish. It is a gorgeous color, and if you go to Chanel’s Makeup page, the model is wearing the nail polish. It is PERFECT for Fall!! It looks absolutely gorgeous, and Chanel is minting money off of it. It costs $25!! Essie bottles usually do not cost more than $6, and this is $25 for a small bottle of nail polish! No wonder Chanel’s PR team is on it – they can clearly pay for the team!
I first came across the color on nymag.com. Blogdorf Goodman has also written about it, but the nail polish in their photos is messy and looks terrible.
Recent studies show an increase in the sale of nail polishes. Due to recession, people did not go to mani-pedi places as frequently and preferred to do it at home, which increased the sale of nail polishes. Essie and Opi are the most commonly seen nail polishes in salons. A few months back, Essie was acquired by L’Oreal. Sephora has come out with its own collection in partnership with Opi, and you can get very tiny bottles from Sephora.
In Spring, Chanel came out with the Jade nail polish which became a top seller. Its insane because people were selling it on eBay for $100!! It’s so contradictory! Sales of nail polishes increased because people cut down on salon visits, and there were some who were willing to pay $100 for a small bottle of nail polish! Really, Jade was not that good. You could easily replace it with MAC’s green color with 3 coats.
Anyway, I am off to buy the Chanel Black Velvet nail polish because I really really like it. This will be the most expensive nail polish I have ever owned. It better stay fresh for at least one year or so.