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%
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Jen
Jen
6 months ago

The price increases are outrageous and downright greed, but literally no one is making you guys buy these bags. You could buy a dupe from a better luxury brand, you can just buy from a different brand all together.

The anger towards Chanel for these price increases makes it seem like you’re being held gunpoint to buy these bags….

and they keep increasing the price because they know you all will pay the price, so stop buying and maybe they will have their rude awakening.

Amy
Amy
6 months ago

It’s one thing to increase the price if quality keeps up, it’s quite another when prices keep jumping but quality keeps going down. But I guess some people really don’t care about craftsmanship and only want the brand recognition.

MabelJo
MabelJo
6 months ago

Thank you Chanel. You continually remind me why I don’t and won’t purchase your products.

ROSE
ROSE
5 months ago
Reply to  MabelJo

I firmly believe in the saying” there is a sucker born every minute.” You’re comment is giving I have money to throw away. Wealthy people also want good quality without the need of being ripped off.

Minga1010
Minga1010
6 months ago

When you take into account the overall inflation we’ve seen in 2021, this is not as big a jump as it **feels**. We’re also talking about luxury handbags. There are people who are really struggling with 5-10% increases in staples like food and gas. All of us luxury shoppers will be just fine. Let’s keep some perpsective.

Raven Espinosa
Raven Espinosa
6 months ago
Reply to  Minga1010

I don’t consider myself a luxury shopper or rich because I own Chanel, LV, YSL, Louboutin and Gucci bags/wallets. I have to work to pay them off and some have been gifts from my husband but we both work; I’m not a housewife sitting at home all day doing nothing waiting for my rich husband to get home. I love those bags as much as I love my Michael Kors bags or even a $40.00 bag from Boscov.

Last edited 6 months ago by Raven Espinosa
susiceserb
susiceserb
4 months ago
Reply to  Raven Espinosa

Hey don’t knock the gal who stays at home and the working husband buys her a bag. It is what it is?

Dominique Ndongala
Dominique Ndongala
6 months ago
Reply to  Raven Espinosa

Thats harsh. I work for a living to afford whatever I won’t with no apologies to anyone. I’m not some housewife. There are working women who can afford to buy whatever whenever. And yes, I just bought a $35 Dooney; so, I mean whatever I like. Not all women are “kept”.

CDa
CDa
6 months ago

in before “ChAnEl’S qUaLiTy Is GeTtInG LoWeR aNd LoWeR !!1!!”, “i’M gOiNg To OnLy bUy HeRmEs iNsTeAd!!!1!!!”, and “GrEEEEEDY!1!!”

MoM
MoM
6 months ago
Reply to  CDa

Lol

Stella
Stella
6 months ago
Reply to  CDa

How long did it take to write this way??? 😛

Kim
Kim
6 months ago
Reply to  CDa

Right? Like it’s been almost a decade with this “lower and lower quality” argument regurgitated as nauseum per price increase. Chanel’s quality has dropped sure, but so have every single luxury brand, and I’m going to say it, including Hermès.

To keep talking about declining quality constantly, at this rate would make Chanel out to be on par with Zara and Steve Madden, but they’re not.

Kim
Kim
6 months ago

I have seen so many people on the forum (and so many people who agree judging by the reactions) talking about how they dislike seeing Chanel everywhere in their city or whatever and then complain about price increases as if it’s not an effective measure to price out the people who are making the brand less exclusive in their city.

Shady
Shady
6 months ago
Reply to  Kim

thats because these Target Tracies complaining about the bags being worn by the Walmart Wendies are getting priced out too 😭🤣

Kim
Kim
6 months ago
Reply to  Shady

Lol so true. Chanel is going to make them to out become like a Hermès quota bag one day and I am also reveling at the meltdowns at the forums.

TKS
TKS
6 months ago
Reply to  Shady

No one is getting priced out. These are just classics. They make 15m bags a year, most of them in the more affordable 5k range.

Kim
Kim
6 months ago
Reply to  TKS

“No one is getting priced out,” they say as multiple posts on the forum where people are saying they are priced out. 🥴

TKS
TKS
6 months ago
Reply to  Kim

Just out of classics. Clearly the strategy is working.

Kim
Kim
6 months ago
Reply to  TKS

Well wait a couple more collections and they’ll be priced out of seasonal bags too.

Last edited 6 months ago by Kim
TKS
TKS
6 months ago
Reply to  Kim

I don’t doubt that. And seasonals are abhorrent. To me at least. Like slap a CC on the cheapest sh** they can make.

Shady
Shady
6 months ago
Reply to  TKS

miss gurl just because these Tarjay Taylors can settle with a seasonal bag doesnt mean they arent priced out for the ones that people are pining for ie the aformentioned classics

and lmao talmbout affordable at 5k as if chanel isnt averaging double the price of their peers made of the same material AND at the same factories, and as if they arent pricing their seasonal items higher and higher per collection. cardigans made of the same cotton ranged $1000 less a year ago, bags are the same pattern

Last edited 6 months ago by Shady
TKS
TKS
6 months ago
Reply to  Shady

10k is ridiculously high for a classic now. Yes. 5k for the majority of the bags is a reasonable price for any handbag IMO whether it’s Dior, higher end LV, etc.

susieserb
susieserb
4 months ago
Reply to  TKS

yet 6 years ago people thought that was outrageous

Shady
Shady
6 months ago

more of a bottega and ysl gal myself, only own one chanel bag I bought wayyyyy back and it was enough.

but while im not the biggest fan of prices increases period, seeing the boatload of meltdowns at a level higher than a season of real housewives and misinformation slinging back and forth to make themselves feel less bad they drop that much on a handbag has provided me my regular dose of entertainment lmao

Last edited 6 months ago by Shady
ILP
ILP
6 months ago

Despite the price increases, Chanel fails come across as exclusive given the sheer number of their bags being dumped on resale websites. Two thirds of the bags on these sites are Chanel and it makes me think that there are lots and lots of people who have them and lots and lots of people getting rid of them.

Yazi
Yazi
6 months ago

I’ll buy a house with that amount.

Charlotte
Charlotte
6 months ago

Chanel continues to astonish by the frequent & dramatic price increases. What their goal is remains subjective and speculative, but the process reminds me of a high stakes poker game. Players are eliminated until there is only one person remaining. In other words,are the majority going to be forced out of the market leaving only a few to afford them? As for me, I’m out/I fold, the stakes are too high; I’ll watch from the sidelines to see what transpires.

Ami
Ami
6 months ago
Reply to  Charlotte

Love your analogy. I’m in the same boat. I fold.

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