Jan 17, 2012

ALERT: Classic Chanel Price Increase 2012

It looks like Chanel has decided to jump on the price hike bandwagon. That means, in a span of less than a month, this will be the third price increase article (read Prada & Hermès) I've written. Geez! For Chanel, their annual price increase on classic bags is scheduled to begin on February 1st in the US market. While prices for classic flaps have been released (see below), the cost for 2.55/Reissues remains unknown. Current prices for 2.55s are $4,300 for the jumbo and $4,700 for the maxi. Shoppers should see the price tag jump around 15% for these two styles in about 2 weeks. And if you think this upcoming increase is bad, listen to this. According to my source, Chanel may undergo a SECOND price hike sometime in May. I will make sure to keep you updated if in fact this happens, until then, let's keep our fingers crossed!

New Mini: $1,900 goes up to $2,400
Classic Flap Medium: $3,900 goes up to $4,400
Classic Flap Jumbo: $4,300 goes up to $4,900
Classic Flap Maxi: $4,700 goes up to $5,300

{Image credit: Vogue Paris, August 2008}

40 comments:

  1. has d february increase been confirmed?

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  2. Yes, the February increase has been confirmed.

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  3. As always thank you for keeping us informed!! Love the site xoxo

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  4. I always want a Maxi and now the price is going up soon TAT, that kinda makes me sad TAT

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  5. thank god! I just bought a chanel maxi right before the holliday. it still expensive! but, Im happy that i got one before the price increase again.

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  6. Do you think it's worthy to invest your money to buy one? I guess, if you decide to get one anyway. It's better to get it sooner.

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  7. I would say a classic bag (whether from Chanel or Hermès) is always a good investment IF and only IF you have a love for fashion. For example, my mother bought me my first Chanel bag when I was in high school. To this day, I treasure it deeply. I would never sell it but if I were to, I would actually be making money since the price has skyrocketed. Just make sure to keep them in good condition if you have any thoughts of selling in the future.

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  8. Why did i think the jumbo was near 6? I know my smaller flap bag was around 4 & the wallet with cross body strap was priced at 2.

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  9. Its so stupid. I wont support this crap.

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  10. What about GST, PST? Their price increase too?

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  11. What about the timeless cc accordance collection?

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  12. I've been in Brussels Chanel Boutique yesterday and the price increased already!

    Medium size that before christmas was 2820 euros is now 3100!!!

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  13. Just called all their locations/department stores in NY, and the classics are all gone. I'm pretty sure that the company decided to "cut off" the sale to make it more "desirable." I saw a bunch of them last week when I visited both their SoHo location, Bloomies and Saks. I guess I waited too long..

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  14. Frustrated, thank you for the update. Your fellow Mizhattanites and I sincerely appreciate it!!

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  15. does anyone know if all classics go up in price-- including exotics? have my heart set on python...$7,900!! may have to donate an organ and just do it!

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  16. Do you know if the GST, PPT, or PST will increase to? I called like 3 weeks ago and the classic WOC was 1650. all these will increase there prices too? :(

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  17. GST, PPT, and PST price does not increase in Houston. Just called the local Chanel store and the price for GST is 2900USD, PPT is 2400USD and PST is still 2000USD. Hope this helps

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  18. Thank you Inlovewithstyle for sharing your info!

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  19. what about the price for classic flap small handbags

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  20. How long do you think they will keep rise the price? Would it be a good idea to buy one asap since I never own one? It's so sad wish I had buy one a lot sooner....

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  21. I found out about the price increase 5 days prior and was able to get my hands on the classic flap in maxi 3 days before the increase^_^ All the classic was sold out everywhere! I was lucky to find them at the Belligio in Vgeas.

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  22. Hi. Do anyone know the price for PST selling at Italy ? Thx

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  23. Can anyone confirm the May increase? Thinking I need to go out and buy one now.

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  24. Just bought one today after the price increase earlier this month...so many places are still out of the classic bags. ugh...$4900 for the classic jumbo patent leather in black.

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  25. can anyone confirm another increase in June 2012?

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  26. Can someone pls confirm if they'll be a price hike in May/ June 2012?

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  27. I heard Chanel is goin to Review their price again on June.. Does anyone know what is the actual date? Pls update me~~~~ thanks

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  28. Two price increase in a year? Is that even valid? Sounds too crazy!!

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  29. There is a waitlist of about a year in SF, jumbo flap for $4900

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  30. what is the current price for Jumbo flap? still $4900?

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  31. Current price for a jumbo flap is $4,900.

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  32. Can someone please confirm whether the price for the medium bag is the same through out the U.S? Is it still $4,400? Any word on whether there will be another price increase this year?

    I'm from Australia and have a trip to the States in October and am dying to get my hands on one. I'll be visiting L.A, SF, Vegas, NY and Orlando.. Is there a specific city I am better of purchasing from in terms of stock availability?

    Any info would be greatly appreciated! Thanks

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  33. As much as I adore this bag, this bag is reserved for the rich and if you are asking about the increases, then most likely, you can't afford it.

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  34. Just bought one and it was $4400. Rumor has it the next increase may be in September and this was from an employee.

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  35. Hi your recent purchase for $4400 is in SGD or EURO dollar?

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  36. I just bought the medium black flap with silver hardware in Vegas and it was $4400 US (with tax it worked out to be about $4700) :)

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  37. Did they have many medium black flap (caviar leather) with gold hardware in stock at Vegas?

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  38. thanks for sharing the prices. i was in Switzerland last time and got my first chanel jumbo flap bag. i was so excited and love the bag so much. i am sticking to chanel for the rest of my life. another page i found was also very helpful for chanel prices, Chanel Classic Bag Prices. I am thinking about getting a tote bag next time im in euope <3

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  39. Would you happen to know if there will be another price increase for 2014?

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    Replies
    1. It's too early to tell as of now. If I hear anything, I will let you know via a new article.

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