Apr 15, 2014

ALERT: Chanel Price Increase

It's been well over two years since Chanel increased prices on their classic handbags. So just in time for the arrival of the Pre-Fall '14 collection, multiple sources are confirming that the House of Coco will undergo major markups starting May 1st. Classic flaps as well as Reissues and Boys are included in this increase. Below are the new prices for these Chanel icons.

     Classic Flap Mini: $2,400 going up to $2,900
     Classic Flap Medium: $4,400 going up to $4,900
     Classic Flap Jumbo: $4,900 going up to $5,500
     Classic Flap Maxi: $5,300 going up to $6,000

     Reissue 225: $4,400 going up to $4,900
     Reissue 226: $4,900 going up to $5,500
     Reissue 227: $5,300 going up to $6,000

     Boy Small: $3,700 going up to $4,000
     Boy Medium: $3,900 going up to $4,200
     Boy New Medium: $4,200 going up to $4,600
     Boy Large: $4,500 going up to $5,000

Now, if you've been following Mizhattan and have read up on price increase alerts in the past, you'll know that I normally end articles by suggesting you act on it before the given date. Unfortunately, this case is different. Currently, no Chanel boutiques or department stores in New York City proper have the classic flap in black except for Bloomingdale's (see below). If you're a bit more flexible regarding color, this is what's available at your local Chanel store as of yesterday (4/15).

     Chanel Flagship: Medium caviar in blue & navy, medium & jumbo lambskin in white.
     Chanel Madison: Patent leathers in seasonal colors, jumbo lambskin in pink.
     Chanel Soho: Patent leathers in seasonal colors.
     Chanel Bergdorf Goodman: Jumbo patent in orange.
     Chanel Saks: Patent leather in navy.
     Chanel Bloomingdale's: Maxi lambskin in black.

{Image credit: Chanel}

29 comments:

  1. If anyone is interested Hirshleifers at the Americana Manahsset in Long Island,NY is currently taking orders for classics in Black. Caviar and Lambskin are available for order either in person or over the phone.
    If you live outside NY State you will save on tax only 25.00 to ship.
    if I wasn't clear you will be able to lock in the old price by pre ordering before the May 1st price increase.
    SUPPLIES ARE LIMITED!!! So if you want one act now!!!!!! like yesterday!!!

    ReplyDelete
  2. PS I pre ordered mine last week because I read about the price increase three weeks ago , ask for Anita she is the best SA there very kind patient and not pretentious tell her that Rajshree sent you!
    Deal with Anita no one else if possible! AND mention my name she knows me very well

    ReplyDelete
  3. sorry i just remembered something else, I do believe you can order one at the Chanel boutiques on Madison Ave and 64th street and 5th avenue and 57th street.
    because i spoke to katherine the assistant manager over the phone at the Mad and 64th street store and she said I could place an order for one. I'm just unsure if doing so at the boutique will lock in the old price, i don't see why it wouldn't but it doesn't hurt to ask.
    Same thing at Saks 5th they said i could order one if I wanted to.

    ReplyDelete
    Replies
    1. Thank you so much for sharing your intel! Much appreciated.

      Delete
    2. Anytime!! Your website is the best! I have found many great deals thanks to you so I was happy to share
      Keep up the great job of informing us deal seekers!!

      Delete
  4. I knew this would happen but I was hoping it would be delayed at least until the holiday's come around again. I don't have a Chanel bag yet but even with the price increase I am still going to get it. It is statement bag every fashion forward women should have.

    ReplyDelete
    Replies
    1. you should look into getting one before the increase
      Sometimes when they start increasing they will do it two times, every 6 months in one year alone.
      I have witnessed that i think it was 2011/2012

      Delete
  5. Miz, have you seen any of the stores carry caviar materials?

    ReplyDelete
    Replies
    1. Hi Fran, that depends on which color you're looking for. If you're looking for black, unfortunately, there are no boutiques or department stores who carry the bag unless you ask to be put on their waiting list.

      Delete
  6. Miz, which one would you recommend to buy? the classic flap or the reissue?

    ReplyDelete
    Replies
    1. If this is your first Chanel bag, I would start with the classic flap. They're both iconic and versatile but I tend to use my classic flaps more than my reissues.

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  7. I already have a classic flap in tan .. i don't have the reissue. bloomingdales has the reissue in black and silver hardware. should i stick with classic flaps?

    ReplyDelete
    Replies
    1. Normally, I would suggest getting a classic flap in black first before moving on to the reissue but since the price increase is coming soon and Bloomingdale's has the reissue in black now, I would go with the reissue. You can always get the black classic flap later.

      Delete
  8. Hi Miz,
    I'm thinking about buying my first chanel bag. I'm torn between the classic caviar with silver hardware and the boy bag, both in the medium size. Which one would you recommend to a 23 year old that has more of a scandinavian fashion taste?

    And also - Are those prices including tax?
    Could you recommend me a chanel counter and SA in LA? My boyfriend was trying to figure out how to get either of those bags before the increase but the SAssistens he talked to seemed to be stand offish.

    I would be so happy and thankful for any advice!!!
    Greetings, Michaela

    ReplyDelete
    Replies
    1. Hi Michaela,

      I would recommend starting with the classic flap first. The Boy bag looks great on a person that's young (as you are now) but the classic flap is timeless. You'll carry it longer and treasure it longer. In other words, the return on the classic flap is higher.

      Unfortunately, these prices do not include tax and I'm sorry I don't know an SA in the LA area.

      Can anyone kindly help Michaela find a good SA in LA?

      Delete
    2. Thank you so much for your advice! I think I will try to order from the Chanel store Rajshree recommended.
      I'm so wowed that you got back to me so quickly.. THANK YOU!!!

      Delete
  9. Hi Michaela,

    I would definitely recommend ordering from Hirshleifers in NY. You can lock in the current price before May 1st plus none of the LA Chanels have the Classics in Black right now. I just pre-ordered from Hirshleifers and I live in LA as well, you will not find a classic flap in black before the price increase in LA. Plus the good thing about Hirshleifers is you only have to pay 50% of the bag up front and the rest once they get in in stock. If you still want to talk to an SA in Chanel LA I would recommend Vanessa at the Rodeo Drive store she is very sweet.

    ReplyDelete
    Replies
    1. Is that still true? I called Hirshleifers a few days ago and they said they could not order any more at the old price, that I could put my name down for the next order but it would have to be at the higher price.

      Delete
    2. Oh No, I pre-ordered mine around April 15th. I guess they could have stopped accepting pre-orders at the old price a few days after. Sorry to hear that!

      Delete
  10. Do you know if the Chanel Mini Flap Square will be increased or discontinued? I was able to grab a Black Patent for my daughter yesterday but now I'm rethinking. Any sugguestions

    ReplyDelete
    Replies
    1. I've been informed the mini square is now $2,200.

      Delete
  11. Is there a reason why they increase these prices? I own a black, beige, and dark red jumbo classic that I have had over the years and they still look brand new. They are some beautiful and timeless bags.

    ReplyDelete
    Replies
    1. Exchange rate, production cost, who knows...

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  12. Which size is your favorite for the Boy Bag?

    ReplyDelete
  13. Hi there
    Do you to know if there is an increase in Dec 2014 for GTS , I have heard there might be, ( when in Dec)
    Not sure if I should by now, thanks

    ReplyDelete
    Replies
    1. I haven't heard anything yet. I will let you know if I hear anything from my contact.

      Delete
  14. Ok thanks for reply, will keep checking.

    ReplyDelete
  15. Hi! Do you have any tips for me if I want to sell my Chanel bag? I purshased it this year but I think its to big for me.

    ReplyDelete

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