Editor’s Update March 27, 2024
Breaking News: Global Chanel Price Increase 2024
You might call it the worst kept surprise… but Chanel handbag prices are about to rise globally.
In Europe, no doubt they’re complaining “Again?!” After all, prices there spiked 9% in August 2022, a mere seven months ago. For the United States, at least with respect to the Classic Flap, prices have been stable since the last increase in November 2021.
The expected date for the hike is March 2. Yes, tomorrow – or today, depending when you’re reading. It is now evident that the Classic Flap is included with the increase. The medium Classic Flap which today retails for $8,800 in the United States, is expected to rise to $10,200. That’s a 16% increase!
In Europe, the small Classic Flap which today retails for €8450, will become €9300. That’s roughly a 10% increase. If we convert the new euro price of €9300 to US dollars at todays exchange rate, we get $9,905.21 – which makes purchasing in Europe still a better deal if we take into account VAT refund (for US tourists).
Image courtesy @fashionxfrenchfries
US Prices
Here are the updated confirmed prices in the US for the Chanel Classic Flap
| Chanel Classic Sizes | Previous Price February 2023 (USD) | New Price March 2, 2023 (USD) | Price Increase (USD) | Increase (%) |
| Classic Small Flap | $8,200 | $9,600 | $1,400 | 17% |
| Classic Medium Flap | $8,800 | $10,200 | $1,400 | 16% |
| Classic Jumbo Flap | $9,500 | $11,000 | $1,500 | 16% |
Here are the updated prices in the US for other handbag styles.
| Chanel Bag Style | Previous Price February 2023 (USD) | New Price March 2, 2023 (USD) | Price Increase (USD) | Increase (%) |
| Chanel 22 Shiny Calfskin | $5,300 | $5,800 | $500 | 9.4% |
| Small Hobo | $4,500 | $4,800 | $300 | 6.6% |
| Chanel 19 | $5,700 | $6,400 | $700 | 12.3% |
| Chanel 19 Large | $6,300 | $6,800 | $500 | 7.9% |
| Chanel 19 Maxi | $6,900 | $7,500 | $600 | 8.7% |
| 2.55 Mini | $4,400 | $4,900 | $500 | 11.4% |
| 2.55 | $8,800 | $10,200 | $1,400 | 15.9% |
| 2.55 Large | $9,500 | $11,000 | $1,500 | 15.8% |
Canada Prices
Here are the updated prices in the Canada for the Classic Flap.
| Chanel Classic Flap | Previous Price February 2023 (CAD) | New Price March 2, 2023 (CAD) | Price Increase (CAD) | Increase (%) |
| Classic Square Mini | CAD $5,075 | CAD $5,950 | CAD $875 | 17% |
| Classic Rectangular Mini | CAD $5,350 | CAD $6,200 | CAD $850 | 15.8% |
| Classic Small Flap | CAD $10,375 | CAD $12,275 | CAD $1,900 | 18.3% |
| Classic Medium Flap | CAD $11,050 | CAD $12,800 | CAD $1,750 | 15.8% |
| Classic Jumbo Flap | CAD $11,900 | CAD $13,850 | CAD $1,950 | 16.4% |
| Wallet on Chain | CAD $3,625 | CAD $4,225 | CAD $600 | 16.6% |
Europe Prices
Here are the updated confirmed prices in the Europe for the Chanel Classic Flap.
| Chanel Classic Sizes | Previous Price February 2023 (Euros) | New Price March 2, 2023 (Euros) | Price Increase (Euros) | Increase (%) |
| Classic Small Flap | €8,450 | €9,300 | €850 | 10% |
| Classic Medium Flap | €8,990 | €9,700 | €710 | 7.9% |
| Classic Mini Square | €4,150 | €4,500 | €350 | 8.4% |
| Classic Wallet on Chain | €2,950 | €3,200 | €250 | 8.6% |
Here are the updated prices in Europe for other handbag styles.
| Chanel Bag Style | Previous Price February 2023 (Euros) | New Price March 2, 2023 (Euros) | Price Increase (Euros) | Increase (%) |
| Chanel 22 Shiny Calfskin | €5,350 | €5,800 | €450 | 8.4% |
| Small Hobo | €4,200 | €4,550 | €350 | 8.3% |
| Mini Flap Top Handle | €4,750 | €5,150 | €400 | 8.4% |
| Large Flap Top Handle | €5,450 | €6,150 | €700 | 12.8% |
| Maxi Flap Top Handle | €5,900 | €6,650 | €750 | 12.7% |
| Chanel 19 | €5,650 | €6,100 | €450 | 8% |
| Chanel 19 Large | €6,200 | €6,700 | €500 | 8% |
| Chanel 19 Maxi | €6,800 | €7,350 | €550 | 8% |
| Mini Boy | €5,350 | €5,650 | €300 | 5.6% |
| Small Boy | €5,450 | €5,750 | €300 | 5.5% |
| Boy Chanel | €5,900 | €6,350 | €450 | 7.6% |
| 2.55 Mini | €4,350 | €4,700 | €350 | 8% |
| 2.55 | €8,990 | €9,700 | €710 | 7.9% |
| 2.55 Large | €9,700 | €10,500 | €800 | 8.2% |
UK Prices
Here are the updated prices in the UK for the Chanel Classic Flap.
| Chanel Classic Sizes | Previous Price February 2023 (UK) | New Price March 2, 2023 (UK) | Price Increase (UK) | Increase (%) |
| Classic Small Flap | £7,090 | £8,180 | £1,090 | 15.4% |
| Classic Medium Flap | £7,550 | £8,530 | £980 | 13% |
| Classic Jumbo Flap | £8,140 | £9,240 | £1,100 | 13.5% |
Here are the updated prices in UK for other handbag styles.
| Chanel Bag Style | Previous Price February 2023 (UK) | New Price March 2, 2023 (UK) | Price Increase (UK) | Increase (%) |
| Chanel 22 Shiny Calfskin | £4,490 | £5,100 | £610 | 13.6% |
| Small Hobo | £3,650 | £4,000 | £350 | 9.6% |
| Chanel 19 | £4,750 | £5,360 | £610 | 12.8% |
| Chanel 19 Large | £5,200 | £5,890 | £690 | 13.3% |
| Chanel 19 Maxi | £5,710 | £6,450 | £740 | 13% |
| Mini Boy | £3,780 | £4,490 | £710 | 18.8% |
| Small Boy | £4,570 | £5,060 | £490 | 10.7% |
| Boy Chanel | £4,950 | £5,580 | £630 | 12.7% |
| 2.55 Mini | £3,650 | £4,130 | £480 | 13% |
| 2.55 | £7,550 | £8,530 | £980 | 13% |
| 2.55 Large | £8,140 | £9,240 | £1,100 | 13.5% |
Image courtesy @cccurator
We will keep you updated as new pricing information unfolds.
xo,
PurseBop
Are Chanel Classic Flap Prices Rising?
Updated: March 27th, 2024
Comments
1 Responses to “Breaking News: Global Chanel Price Increase 2023”
Chanel 19 Large in leather is $7,100 (Not 6,800)