A few days ago, the news of yet another Chanel price increase broke on our PurseForum. Chanel aficionados were told by their sales associates that a price increase on Classic Flaps and Reissues would go into effect on November 3rd. At first, some veteran Chanel lovers couldn’t believe it, as there had already been two increases this year (one in January and one in July). A third increase in the same calendar year is hardly the norm, but rest assured that it is happening, and the increases are significant.
The frustration over price increases is heated, with many people sharing their outspoken viewpoints on social media and our forums. However, as much as it may keep some from shopping the brand, the truth remains that Chanel continues to be one of the most sought-after handbag brands, and inventory is scarce and often spoken-for before it ever hits store shelves. On the flip side, the Chanel bag in your collection is more likely to keep its value, if not being worth more now than what you paid for it. At this rate, it is hard to fathom how much greater these increases can possibly go in the near future.
We have the rumored new Chanel prices listed below. We will update with more information as we receive it, and as always, check this PurseForum Chanel Price increase thread for all of the insider info!
The New Chanel Classic Style Prices
|Chanel Classic Flap Styles||Current Price||New Price||% Increase|
|Wallet on Chain||$3,100||$3,500||12.9%|
|Chanel Classic Mini Rectangular Flap Bag||$4,400||$4,400||–|
|Chanel Classic Small Flap Bag||$7,100||$8,200||15.5%|
|Chanel Classic Medium Flap Bag||$7,800||$8,800||12.9%|
|Chanel Classic Jumbo Flap Bag||$8,500||$9,500||11.8%|
|Chanel Classic Maxi Flap Bag||$9,200||$10,000||8.7%|