It’s a big topic at Bragmybag, everyone is talking about it.

And we? We didn’t belief it in the first place, but its true and it’s going to happen.

What Chanel is about to do, is like a big typhoon, shaping everything what we consider as common in the shortest time possible.

Well, what is Chanel going to do in 2015?

They are going to be huge changes in Europe and Asia, Chanel is going to restructure their handbag prices. So how about that huh?

Chanel will start with our three favourite Chanel handbags, the Chanel Classic flap Bag, The Chanel 2.55 Reissue Flap Bag and the Chanel Boy Bags. The price in Europe will start to increase and decrease in Asia, starting at 8th April 2015.

One of the reasons for the price changes is because of the drop in value of the euro. Chanel bags in some Asia countries are literally retailing twice as expensive as in Europe. And to narrow this gap, Chanel has decided to harmonized the prices, and not only the bags, as well as other products as well.

The objective is to get it done in the end of 2015 and that the prices will not fluctuate more than 10% below or above the global euro price.

The new policy is already applied, Hong Kong and China prices has already ben reduced by 20 percent, while 8th April the prices will increase by 20% in Europe.

Here are other comments from our community:

Scarlet
Hi I heard there’s a price increase in Europe for Chanel due to the big drop in value

QT NG
Chanel’s new prices will significantly narrow the gap. The company said that the bag is set to rise 20% to €4,260 under the new policy. The ticket for the same bag in China is set to fall 21% to around 30,000 yuan. Prices will also decline in Hong Kong, Korea, Vietnam and Russia. Meanwhile, the price in the U.S. will remain unchanged at $4,900. And it’s beginning April 8.

Jenn
In Australia, we had a price decrease to match the rest of the world. Prices to increase globally except Australia on 1st April 2015.

Winni
The VAT will make europe cheaper, but not as cheap as in the past.

Holy
I called Chanel KLCC Kuala Lumpur, Malaysia….No price decrease here… (as per 19 March 2015)

CT:
Hi, just rung chanel store in perth Australia. The Chanel WOC quilted leather both cavier and lambskin is now $2560 due to the harmonisation. Price has decreased.

Brazil will not change in prices, because of the high export taxes.

Chanel Price Increase Estimates:

Chanel Square Mini Classic Flap Bag
From €1830 to €2250 euro

Chanel Mini Classic Flap Bag (8′ inch)
From €2020 to €2490 euro

Chanel Small Classic Flap Bag
From €3400 to €4100 euro

Chanel Medium Classic Flap Bag
From €3550 to €4260 euro

Chanel Jumbo Classic Flap Bag
From €3950 to €4750 euro

Chanel Maxi Classic Flap Bag
From €4300 to €5160 euro

So what do you think? If you’ve got new information, please share them in the comment section.