This isn’t a trick nor a treat, another major Chanel price increase will go into effect November 1st. There have been rumblings of yet another Chanel price increase on our forum for a while now, and let me tell you something – the ladies and gents on our forum are almost always right. Chanel price increases are notorious at this point, creating drama and chaos amongst shoppers who want to purchase an item before the price hike hits. This is coupled with outrage over the insanity of how quickly prices have grown. There is a lot of frustration that comes with it too, as shoppers believe they should be receiving better quality items to coincide with the price increase, but there are talks of quality issues which turn some shoppers away. Truth is, no matter how much people complain, it doesn’t seem to change the route Chanel is taking as the price increase are happening often and are substantial.

If you have your eye on a timeless classic including Boy Chanel and the Chanel 2.55 Bag, you may want to run to the store today and tomorrow before the price increase hits on November 1st. There have been conflicting reports, as the Chanel website started to change prices around October 18th, but the word is old prices are being honored until the new prices take effect on November 1st.

Earlier this month Chanel quietly increased some of its Minis and Small Leather Goods like card holders. I’ll work on compiling a list of those changes as well.

What does this increase look like? We’re looking at between just under 4% for a Chanel New Medium Boy Bag to a whooping 19% for a Classic WoC.

For a proper cringe, read about people reminiscing when they purchased their Chanel Medium Classic Flap for $2,850 in 2010. Ouch.

Classic Flap Price Increase

  New Price Old Price Increase
Chanel Small Classic Flap Bag $5,000 $4,700 6.4%
Chanel Medium Classic Flap Bag $5,600 $5,300 5.7%
Chanel Jumbo Classic Flap Bag $6,200 $5,900 5.1%
Chanel Maxi Classic Flap Bag $6,700 $6,400 4.7%

Chanel Boy Bag Increase

  New Price Old Price Increase
Chanel Small Boy Bag $4,500 $4,300 4.7%
Chanel Medium Boy Bag $4,900 $4,700 4.3%
Chanel Large Boy Bag $5,400 $5,200 3.8%

Additional Price Increases

  New Price Old Price Increase
Chanel Mini Flap Bag $3,500 $3,300 6.1%
Chanel Reissue 2.55 Bag $5,600 $5,300 5.7%
Chanel Large Reissue 2.55 Bag $6,200 $5,900 5.1%
Chanel Maxi Reissue 2.55 Bag $6,700 $6,400 4.7%
Chanel Classic Wallet-On-Chain $2,500 $2,100 19.0%
Chanel Boy Wallet-On-Chain $2,500 $2,400 4.2%
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Sparky
Sparky
3 years ago

Disgusting.

Mizantrop
Mizantrop
3 years ago

Chanel maybe a classic but they will never see my money. Inflating those prices so often is truly an a**hole move!

Timothy
Timothy
3 years ago

Quality goes down but price goes up….

Marcy697
3 years ago

100% increase over 8 years…shameful

Aliza Zibkoff
Aliza Zibkoff
3 years ago

Cha Ching! Or so they think. I think after a while clients are just gonna get sick of this and run for the hills or Fendi.

JanelleClayton.com
JanelleClayton.com
3 years ago
Reply to  Aliza Zibkoff

Most of their shoppers are the “public” /non-celebs. I’m not sure if Chanel will stop the increases with loyalty diminishing. That is what they want… right? I doubt they’re getting much money from celebs; they’re gifted things ALL the time.

I remember seeing Rihanna attend an event and Karl sent here a red CF mini with a hand-written note. I doubt she’s ever worn it- everyone wants her to carry their bags. I’ve never seen her in/carrying Chanel.

Madi K
Madi K
3 years ago

This is why I will only ever buy Chanel on the preloved market. Chances to find bags at a better price are a lot higher.

Cait
Cait
3 years ago
Reply to  Madi K

+1. I got a classic flap for 1/2 the new price and the caviar leather is so much nicer than what you see now.

seattleminimalist
seattleminimalist
3 years ago

They’re pricing their items as if they’re Hermès quality. But they also won’t service their bags after 5 years? It’s not worth paying large quantities of money when they won’t service a bag that’s over 5 years old.

huyen anh pizzabella
huyen anh pizzabella
3 years ago

Agree Hermes took care of my vintage Constance even it was 28 years old (no receipt or anything) ..

seattleminimalist
seattleminimalist
3 years ago

And this is why Hermes is better even though their prices are much much higher because in the end, the bags pay for themselves with proper care, maintenance, and repairs. I don’t really understand the popularity behind Chanel especially when they refuse to repair/service bags that are over 5 years old.

It seems to imply that Chanel bags will only last 5 years and are meant to be discarded, unlike Hermes, which is meant to be enjoyed for the whole lifetime of the owner and perhaps their descendants.

Tee
Tee
3 years ago

Agreed. I’ve purchased a Birkin, classic flap and boy bag. While Chanel bags resale for close to what you’ve paid for it, a Birkin will double. The quality of Hermes is far better than a Chanel IMHO. Given Chanel’s frequent price increases, their classic bags are closing in on a price of a Birkin 25/30 (purchased at their FSH store, not resale). Last year, I bought a Birkin 35 for $8000 and recently sold it for $16k. Chanel’s quality and price of their bags isn’t worth what they are charging.

JanelleClayton.com
JanelleClayton.com
3 years ago

I’ve read on PF that some SA’s have told shoppers they’re being “picky” when reporting quality issues.

seattleminimalist
seattleminimalist
3 years ago

How is reporting quality issues being picky, though? (Rhetorical question)

Even the wealthy would complain about quality issues if they had to buy the bag. The wealthy worked hard for their money and I’d assume they want the highest quality for what they paid for.

JanelleClayton.com
JanelleClayton.com
3 years ago

Agreed.

Jen
Jen
3 years ago

Cant agree more! I wonder if there’d be vintage chanel from our era to be passed on. Hermes quality is on par and LV quality is worth its price. Whilst Chanel, we have to treat it as such fragile items. Dior’s even doing a lot better

handbagcrunch
handbagcrunch
3 years ago

I don’t like the price increases…but if you can comfortably afford a $5300 handbag, $5600 shouldn’t be much of a stretch… I’m sure that’s Chanel’s philosophy.

JanelleClayton.com
JanelleClayton.com
3 years ago
Reply to  handbagcrunch

Even if a shopper is comfortable with a 3-19% increase, they deserve quality and service.

Donna Warder
Donna Warder
3 years ago

Tell me about it. When they stopped refurbishing older bags, I was through. They admitted to me that sometimes the color peels off of their brightly-colored bags, but had the nerve to charge me $350 to repair peeling at the corners of my orange GST – for the second time in 3 years!

Audrey K
Audrey K
3 years ago

This is CRAZY!!!! I feel like they literally just had an increase in December of last year. I don’t understand where they get off. Are their bags really this in demand across the board? I find this just so hard to believe. The other troubling thing about this is that in the recent past my Celine SA told me that their price increases were promoted in order to stay competitive with brands like Chanel… if Chanel is setting the standard is this what we can expect to see in the future by other designers who want to be considered the same caliber?

Cheryl Fox
Cheryl Fox
3 years ago
Reply to  Audrey K

I didn’t think about that! How truly depressing! Well then….let’s all start supporting new designers, with their fresh ideas. Also, there are too many design houses offering chain bags today, which makes Chanel look less special now, than 10-20 yrs. ago. Gucci has been giving them a real run for their money! I remember when Chanel was the only chain bag out there.

psny15
psny15
3 years ago

ridiculous! I’m glad I’ve pushed everything pre 2011

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