Aside from keeping our eyes peeled for all of Chanel’s latest collections, PurseBop has also been carefully tracking all the major changes Chanel has made in the pricing realm. As always, we aim to be your authority for pricing news and handbag math, and our community has been particularly curious about the recent price increases.
The biggest break in the Chanel pricing scheme occurred a few years ago when the company officially announced their effort to maintain harmonious prices across the globe. Since then as currencies such as the euro continue to fluctuate, Chanel has increased prices in various regions to ensure harmonization. The US has been the latest country to receive a pricing update, which has sent Chanel collectors into a frenzy of discussion about the implications of the price creep.
We’ve reported the price increase for each style as they have been released. In case you missed out on any of the news, we’ve compiled all the updates in one easy to read news bulletin!
Explore the excerpts below and continue onto the full posts for more information. If you have thoughts about the latest price increases, don’t forget to join us in the comments on BopTalk and Instagram.
Back in November, we brought you news of the first of many Chanel price increases in the US. The first style to get a substantial increase was the Chanel Classic Flap. See the before and after prices with a handbag math comparison calculating the exact percentage increase!
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Up next, we have a price increase for the Wallet on Chain! Chanel launched the new price for the Classic Wallet on Chain on their website near the end of January. See what you can expect to pay now for this collection staple.
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The Chanel Gabrielle bag is Chanel’s first big bag launch in three seasons and is speculated to become an “it” bag like the beloved Classic Flap and Boy Bag. Even though the Gabrielle was released just last year, Chanel has upped prices for this style was well. Check out the post as we crunch the numbers for you!
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This price faceoff post was inspired by many of the comments we received after the November 2017 Chanel price hike. Chanel and Hermès are both legendary fashion houses in their own respects, yet many handbag aficionados are pondering if the closing price gap between Chanel and Hermès is truly justifiable given the investment value differences. We want to know: are your Chanel dreams turning orange? Read this thought piece and please do join the discussion!
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Join us in the comments with your thoughts on our Instagram post
Indulge in eye candy of the new Rainbow Boy from the latest Cruise collection. Style pictures and pricing details can be found on the posts. Of the iconic bags, the Boy Bag is one of the only bags that hasn’t officially received a price update yet. If you’ve been in the market for a Boy, now might be the time to strike!
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Hopefully, this bulletin will help you make informed, calculated purchases given the new price increase. PurseBop will continue to watch this space and bring you quality news as developments occur!
Read related articles below:
Chanel Bulletin Board
Chanel Bulletin Board #2
Gucci Bulletin Board
Hermès Bulletin Board #6
Love, PurseBop
XO
Updated: March 23rd, 2018
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