Chanel Price Increase Confirmed for USA: Here are the New Prices 2020

The anticipated news about Chanel price increases in the US is finally here.

Following the confirmed reports of staggeringly high Chanel price hikes in Europe last week, we expected price increases to follow soon in the US as well. 
Read:
Chanel Admits to Price Increase: Here are the New Prices 2020 
Alert: Chanel Prices to Increase in the United States 

The latest prices, effective as early as May 22, 2020, reflect a 11-12% increase across the Classic Flaps as predicted. Details of price increases for the Classics, Reissues, Chanel 19s, Gabrielles and Mini can be viewed in the tables below:

Chanel Mini Classic Flap StyleOld Prices (USD)New Prices (USD)Increase (%)
Mini Classic Flap (Rectangular)$3,500$3,8008.5%
Chanel Mini Classic Flap StyleOld Prices (USD)New Prices (USD)Increase (%)
Mini Classic Flap (Rectangular)$3,500$3,8008.5%
Chanel Classic Flap SizesOld Prices (USD)New Prices (USD)Increase (%)
Classic Small Flap$5,200$5,80011.5%
Classic Medium Flap$5,800$6,50012%
Classic Jumbo Flap$6,400$7,10011%
Classic Maxi Flap$6,900$7,70011.6%
Chanel Classic Flap SizesOld Prices (USD)New Prices (USD)Increase (%)
Classic Small Flap$5,200$5,80011.5%
Classic Medium Flap$5,800$6,50012%
Classic Jumbo Flap$6,400$7,10011%
Classic Maxi Flap$6,900$7,70011.6%
Chanel Reissue StylesOld Prices (USD)New Prices (USD)Increase (%)
Reissue 224 Bag$5,200$5,80011.5%
Reissue 225 Bag$5,800$6,50012%
Reissue 226 Bag$6,400$7,10011%
Reissue 227 Bag$6,900$7,70011.6%
Chanel Reissue StylesOld Prices (USD)New Prices (USD)Increase (%)
Reissue 224 Bag$5,200$5,80011.5%
Reissue 225 Bag$5,800$6,50012%
Reissue 226 Bag$6,400$7,10011%
Reissue 227 Bag$6,900$7,70011.6%
Chanel19 SizesOld Prices (USD)New Prices (USD)Increase (%)
Chanel19 Small Bag$4,600$4,8004.3%
Chanel19 Large Bag$5,100$5,3003.9%
Chanel19 Maxi Bag$5,600$5,8003.5%
Chanel19 SizesOld Prices (USD)New Prices (USD)Increase (%)
Chanel19 Small Bag$4,600$4,8004.3%
Chanel19 Large Bag$5,100$5,3003.9%
Chanel19 Maxi Bag$5,600$5,8003.5%
Chanel Gabrielle StylesOld Prices (USD)New Prices (USD)Increase (%)
Gabrielle Small$3,900$4,1005.12%
Gabrielle New Medium$4,100$4,3004.8%
Gabrielle Medium$4,500$4,7004.4%
Chanel Gabrielle StylesOld Prices (USD)New Prices (USD)Increase (%)
Gabrielle Small$3,900$4,1005.12%
Gabrielle New Medium$4,100$4,3004.8%
Gabrielle Medium$4,500$4,7004.4%

The Chanel 19s and Gabrielles will see moderate price increases generally under five percent. This is akin to the relatively lower price increases seen across these models in Europe as well. (Read:Chanel Admits to Price Increase: Here are the New Prices 2020)

Red white and Blue Chanel Classic Flap Bags

The latest round of price increases in the U.S. and Europe accomplishes Chanel’s stated goal of price harmonization between those regions (read: Chanel Admits to Price Increase). The table below highlights American prices in USD for some of the iconic bags vis-a-vis USD equivalent prices in Europe today. A quick analysis reveals that most of the bags in Europe are now priced marginally higher (1-5%) than in the United States! This slight difference likely is to cover currency fluctuations.

There is now no apparent financial advantage to purchasing a Chanel bag in Europe versus the United States. This a monumental shift towards their ultimate goals. Any potential VAT refund is likely to be offset by taxes and duties when reentering the home country.
For more information, read our guides on navigating these issues:
Travel Guide: The Do’s and Don’ts
How It Works – VAT Refund and Custom Duties

Of course you can still enjoy the experience of shopping where it all started for the House of Chanel.

Chanel StylesNew Prices in The US (USD)New Prices in Europe (USD)Price Difference (%)
Mini Classic Flap (Rectangular)$3,800$3,8241%
Classic Small Flap$5,800$6,0094%
Classic Medium Flap$6,500$6,6102%
Classic Jumbo Flap$7,100$7,2112%
Classic Maxi Flap$7,700$7,7571%
Chanel19 Small$4,800$5,0265%

€1.00 EUR = ~$1.09 USD

Exchange rates refer to May 19th, 2020. Given daily fluctuations in exchange rates, values are always subject to change.

Chanel StylesNew Prices in The US (USD)New Prices in Europe (USD)Price Difference (%)
Mini Classic Flap (Rectangular)$3,800$3,8241%
Classic Small Flap$5,800$6,0094%
Classic Medium Flap$6,500$6,6102%
Classic Jumbo Flap$7,100$7,2112%
Classic Maxi Flap$7,700$7,7571%
Chanel19 Small$4,800$5,0265%

€1.00 EUR = ~$1.09 USD

Exchange rates refer to May 19th, 2020. Given daily fluctuations in exchange rates, values are always subject to change.

With almost a week to go before prices officially rise in the United States, are you calling your Sales Associate for a last minute purchase? If so, what’s on your list?

Love, PurseBop
XO

New Prices in Europe

Mini Classic Flap Styles

StyleOld Prices (Euros)New Prices (Euros)Increase (%)
Mini Classic Flap (Square)€2,680€3,35025%
Mini Classic Flap (Rectangular)€3,050€3,50014.8%

Classic Flap Styles

StylesOld Prices (Euros)New Prices (Euros)Increase (%)
Classic Small Flap€4,550€5,50020.9%
Classic Medium Flap€5,150€6,05017.5%
Classic Jumbo Flap€5,700€6,60015.8%
Classic Maxi Flap€6,200€7,10014.5%

Wallet on Chain Styles

StylesOld Prices (EUR)New Prices (EUR)Increase (%)
Classic Wallet on Chain€2,150€2,3509.3%
Boy Wallet on Chain€2,340N/AN/A

Reissue Styles

StylesOld Prices (Euros)New Prices (Euros)Increase (%)
Reissue 224 Bag€4,550€5,50020.9%
Reissue 225 Bag€5,150€6,05017.5%
Reissue 226 Bag€5,700€6,60015.8%
Reissue 227 Bag€6,200€7,10014.5%

Chanel 19 Styles

StylesOld Prices (Euros)New Prices (Euros)Increase (%)
Chanel19 Small Bag€4,200€4,6009.5%
Chanel19 Large Bag€4,700€5,0006.38%
Chanel19 Maxi Bag€5,150€5,5006.7%

Boy Bag Styles

StylesOld Prices (Euros)New Prices (Euros)Increase (%)
Small Boy Bag€4,120€4,3004.3%
Old Medium Boy Bag€4,480€4,7004.9%
New Medium Boy Bag€4,980€4,9800%

Gabrielle Styles

StylesOld Prices (Euros)New Prices (Euros)Increase (%)
Gabrielle Small€3,600€3,9008.3%
Gabrielle Medium€4,000€4,1002.5%
Gabrielle Backpack€3,280€3,4505.2%

Curated By Monika