In the UK July 2021 price increase, the most affected bag styles are the top handle (8%), classic flap (6%), and 2.55 re-issue (5%). The most affected are the Chanel 19 Bag, classic flap, and small boy bags. This was closely followed by the average UK price increase at 4.6%. The US has been the worst hit with this recent price increase, with prices increasing on average across the classic range by nearly 4.9%. In the US the bag styles move affected by the price increase are the New 19 Bag (+9%), Classic Flaps (6%), and smaller Boy bags (6%). In the January 2021 price increase in the UK the bag ranges most affected are the top handle bag (+6%), Classic flaps (+5%), 2.55 Reissue (+5%), smaller boy bags (4%) In summary, the price increase for Chanel in January 2021 was mostly focused again on the ‘classics’ and popular new Chanel 19 bag. ImageĬhanel Price Increase US $ – July 1st 2021 ImageĬhanel Price Increase US $ – January 2021īelow is a table showing the before and after price difference of Chanel bags in the United States after the January price increase. ImageĬhanel Price Increase UK £ – January 2021 ImageĬhanel Price Increase US $ – November 2021ĭiscover the third price increase changes for the US in dollars in the table below for November 3rd 2021. The updated prices of key Chanel bag styles for the UK are listed below including the £ difference and percentage increase. The second price increase of 2021 has taken place on 1st July 2021. Chanel Price Increase UK £ – November 2021Ĭhanel has put their prices up for a third time in 2021 with the latest price increase hitting on the 3rd of November across the world. See the Louis Vuitton price increase 2021 details here. These bags are often seen as investment pieces, not just a throw-away fashion piece that over time will lose its value and that’s part of the appeal and justification for many to take the plunge and purchase.Ĭhanel work on a similar basis to other luxury brands such as Louis Vuitton, which also recently had a price increase earlier in 2020. The benefit of Chanel increasing their prices are clear – these bags generally hold their value well, and it can mean a piece that you purchased years ago could now be worth more than what you paid for it. Whilst the increases generally aren’t so welcome from brand lovers, especially larger % hikes, it, unfortunately, shouldn’t come as too much of a shock. This is due to keeping up with inflation, brand perception, and staying in-line with other designer brands. When is the Next Chanel Price Increase?Ĭhanel, like many other designer brands, regularly increase their prices on an annual basis.How often does Chanel increase their prices?.Chanel Price Increase US $ – January 2021.Chanel Price Increase US $ – July 1st 2021.Chanel Price Increase US $ – November 2021.
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