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Chanel Big Price Increase In 2020

chanel price increase

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24-5-2020 UPDATE: USD PRICES ADDED

11 May 2020, Chanel increased the prices of the Classic Bags. It includes the Classic Flap Bags, Boy Bags, Classic WOCs, Gabrielle Bag and the 19 Bag.

It’s a sad moment, but it’s expected. For the past few years, Chanel has been quiet. Maybe too quiet, because usually they increase prices twice a year. And maybe we feel too comfortable with the current prices, but like always, procrastination will be punished.

And maybe owning a Chanel Bag is better than buying stocks. At least you can look at it, wear it and feel good about it while knowing that the prices will always increase. That’s what we explained in one of our articles ‘Chanel Price Increase Over The Years’.

Even tough we’re in the middle of a pandemic, the covid19, with record job losses around the world and recessions popping in the US, Europe and Asia, the prices of Chanel Bags is increasing. The bags are made to be forever, passing from one generation to another, they’re like diamond but better as there are many classics to collection. But in the end, you can always count on Chanel, because it’s recession-free and perhaps depression-free as well.

What recession? The Korea Times reported that people were standing in lines at the Lotte Department Store to get a Chanel Bag before the price increase. And the only question I have in my mind is; why didn’t you buy before the price increase?

The prices look steep, people are complaining. But over a few months, we will forget about what has happened and the new prices will be the new normal. Perhaps Virginie Viard will have mercy on us and don’t mess with the prices again. However, it will be just a matter of time before they drop another price bomb and give us another heart-attack. If you’re going to buy a bag anyway, why wait? Will it be cheaper in the future?

Chanel will never decrease prices, better shop today and cry later.

Chanel Price Increase 2020 In Europe

Chanel Classic Bag New Prices Previous Prices
Chanel New Mini Classic Bag €3500 euro €3050 euro
Chanel Mini Square Classic Bag €3350 euro €2680 euro
Chanel Small Classic Bag €5500 euro €4550 euro
Chanel M/L Classic Flap Bag €6050 euro €5150 euro
Chanel Jumbo Classic Flap Bag €6600 euro €5700 euro
Chanel Maxi Classic Flap Bag €7100 euro €6200 euro
Chanel Reissue 2.55 Bag New Prices Previous Prices
Chanel 224 Reissue 2.55 Bag €5500 euro €4550 euro
Chanel 225 Reissue 2.55 Bag €6050 euro €5150 euro
Chanel 226 Reissue 2.55 Bag €6600 euro €5700 euro
Chanel 227 Reissue 2.55 €7100 euro €6200 euro
Chanel Boy Classic Bag New Prices Previous Prices
Chanel Small Boy Bag €4300 euro €4120 euro
Chanel Old Medium Boy Bag €4700 euro €4480 euro
Chanel New Medium Boy Bag €4980 euro €4980 euro
Chanel Gabrielle Bag New Prices Previous Prices
Chanel Small Gabrielle Bag €3900 euro €3600 euro
Chanel Medium Gabrielle Bag €4100 euro €4000 euro
Chanel 19 Bag New Prices Previous Prices
Chanel Small 19 Bag €4600 euro €4200 euro
Chanel Medium 19 Bag €5000 euro €4700 euro
Chanel Maxi 19 Bag €5500 euro €5150 euro
Chanel WOC New Prices Previous Prices
Chanel Classic Quilted WOC €2350 euro €2150 euro

 

Type Price Increase in %
Chanel New Mini Classic Bag 14.8%
Chanel Mini Square Classic Bag 25%
Chanel Small Classic Bag 20.9%
Chanel M/L Classic Bag 17.5%
Chanel Jumbo Classic Flap Bag 15.8%
Chanel Maxi Classic Flap Bag 14.5%
Chanel 224 Reissue 2.55 Bag 20.9%
Chanel 225 Reissue 2.55 Bag 17.5%
Chanel 226 Reissue 2.55 Bag 15.8%
Chanel 227 Reissue 2.55 Bag 14.1%
Chanel Small Boy Bag 4.4%
Chanel Old Medium Boy Bag 4.9%
Chanel New Medium Boy Bag 0%
Chanel Small Gabrielle Bag 8.3%
Chanel Medium Gabrielle Bag 2.5%
Chanel Small 19 Bag 9.5%
Chanel Large 19 Bag 6.4%
Chanel Maxi 19 Bag 6.8%
Chanel Classic Quilted WOC 9.3%

Chanel Price Increase 2020 In United States

Chanel Classic Bag New Prices Previous Prices
Chanel New Mini Classic Bag $3800 USD $3500 USD
Chanel Mini Square Classic Bag $3500 USD $3200 USD
Chanel Small Classic Bag $5800 USD $5200 USD
Chanel M/L Classic Flap Bag $6500 USD $5800 USD
Chanel Jumbo Classic Flap Bag $7100 USD $6400 USD
Chanel Maxi Classic Flap Bag $7700 USD $6900 USD
Chanel Reissue 2.55 Bag New Prices Previous Prices
Chanel 224 Reissue 2.55 Bag $5800 USD $5200 USD
Chanel 225 Reissue 2.55 Bag $6500 USD $5800 USD
Chanel 226 Reissue 2.55 Bag $7100 USD $6400 USD
Chanel 227 Reissue 2.55 $7700 USD $6900 USD
Chanel Boy Classic Bag New Prices Previous Prices
Chanel Small Boy Bag $4600 USD $4600 USD
Chanel Old Medium Boy Bag $5000 USD $5000 USD
Chanel New Medium Boy Bag $5500 USD $5500 USD
Chanel Gabrielle Bag New Prices Previous Prices
Chanel Small Gabrielle Bag $4100 USD $3900 USD
Chanel Medium Gabrielle Bag $4300 USD $4100 USD
Chanel 19 Bag New Prices Previous Prices
Chanel Small 19 Bag $4800 USD $4600 USD
Chanel Medium 19 Bag $5300 USD $5100 USD
Chanel Maxi 19 Bag $5800 USD $5600 USD

 

Type Price Increase in %
Chanel New Mini Classic Bag 8.6%
Chanel Mini Square Classic Bag 9.4%
Chanel Small Classic Bag 11.5%
Chanel M/L Classic Bag 12.1%
Chanel Jumbo Classic Flap Bag 10.9%
Chanel Maxi Classic Flap Bag 11.6%
Chanel 224 Reissue 2.55 Bag 11.5%
Chanel 225 Reissue 2.55 Bag 12.1%
Chanel 226 Reissue 2.55 Bag 10.9%
Chanel 227 Reissue 2.55 Bag 11.6%
Chanel Small Boy Bag 0%
Chanel Old Medium Boy Bag 0%
Chanel New Medium Boy Bag 0%
Chanel Small Gabrielle Bag 5.1%
Chanel Medium Gabrielle Bag 4.9%
Chanel Small 19 Bag 4.3%
Chanel Large 19 Bag 3.9%
Chanel Maxi 19 Bag 3.6%

Chanel Price Increase 2020 In Other Countries

Here are more details that we know so far:

  • In Dubai, Chanel Coco Handle Bag didn’t increase in prices
  • There is no price increase Coco Handle Bag and Business Affinity Bag

Chanel Bag 2020 Prices in Australia

Type New Prices Previous Prices
Chanel New Mini Classic Bag $5980 AUD $5190 AUD
Chanel Square Mini Bag $6250 AUD $4560 AUD
Chanel Small Classic Bag $9820 AUD $7740 AUD
Chanel M/L Classic Bag $10800 AUD $8760 AUD
Chanel Old Medium Boy Bag $8300 AUD $7620 AUD

 

Chanel Bag 2020 Prices in Switzerland

Type New Prices
Chanel New Mini Classic Bag 3680 CHF
Chanel Square Mini Bag 3520 CHF
Chanel M/L Classic Bag 6360 CHF
Chanel Small 19 Bag Mini Bag 4750 CHF

 

If you have more details or prices about the price increases, feel free to post them in the comment to help other shoppers.

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