Chanel Increases Prices In the UK

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Chanel Union Jack Quilted Bag Released Pre-fall Collection 2008.

*Note ~ a correction has been made to this post.

Breaking News: We have just learned that Chanel increased their prices in the United Kingdom.  We were able to verify the increase to be approximately 10% for the classic styles.

What does this mean for the rest of us? Are we in line to expect an increase too or was this an effort to further the goals of harmonized prices?

This will be the first adjustment since the harmonization back in April 2015, exactly one year ago. The new pricing scheme was implemented to normalize pricing globally to account for currency fluctuations and the grey markets.
(read: 
Global Price Implications on Chanel Street)

UK prices, along with those in the US, were NOT adjusted at that time.

Taking a close look at the new UK prices, they’re very much in line with those here in the US.

What are your thoughts?

StyleUK Old PriceUS EquivalentUK New PriceUS EquivalentUS Current
Chanel Medium Classic Flap£3075$4365£3380$4798$4900
Chanel Jumbo Classic Flap£3425$4862£3760$5337$5500

*Note: New prices are from Chanel.com UK, and U.S. equivalents were calculated based on today’s currency rates. 

StyleUK Old PriceUS EquivUK New PriceUS EquivUS Current
Chanel Medium Classic Flap£3075$4365£3380$4798$4900
Chanel Jumbo Classic Flap£3425$4862£3760$5337$5500

*Note: New prices are from Chanel.com UK, and U.S. equivalents were calculated based on today’s currency rates. 

We’ll keep you posted on the global pricing news as it unfolds…

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