Chanel is making everyone's wallets cry with all their price increases this year. There has already been a number of price increases that have hit 2021, this happens to be the third that has happened this year. The first increase was in January 2021 followed by an increase in July 2021 on the Classic Flap bags, Boy bag, Chanel 19 and Classic WOC. We know that Chanel raises their price every year but this is insane.
Normally you can still get seasonal bags at lower prices but it seems most styles have gotten increased this year. With that being said, you may be wondering is the Chanel Bag worth the price in 2021? Given that it will have its third price hike this coming November 3, 2021.
The following price table indicates the price change on the following bags:
Chanel US Classic Bag Prices - Increase from 9 to 15%
*Updated 11/4, no change in mini flap price or WOC**
Style | New price Nov 2021 | Old Price July 2021 | % Change |
Chanel Small Flap Bag | $8,200 USD | $7,100 USD | 15% |
Chanel Classic Medium Flap Bag | $8,800 USD | $7,800 USD | 13% |
Chanel Classic Jumbo Flap Bag | $9,500 USD | $8,500 USD | 12% |
Chanel Classic Maxi Flap Bag | $10,000 USD | $9,200 USD | 9% |
Chanel Classic Mini Rectangular Flap Bag | No Change | $4,400 USD | N/A |
Chanel Classic WOC | No Change | $2,950 USD | N/A |
Chanel Reissue 224 Mini Bag | No Change | $4,400.00 USD | N/A |
Chanel Reissue 225 Medium Bag | $8,800.00 USD | $7,800.00 USD | 13% |
Chanel Reissue 226 Large Bag | $9,500.00 USD | $8,500.00 USD | 12% |
Chanel Reissue 227 Maxi Bag | $10,100.00 USD | $9,200.00 USD | 10% |
Chanel EU Classic Bag Prices - 15%
Style | New Price Nov 2021 | Old Price July 2021 | % Change |
Chanel Small Flap Bag | € 7,200 | € 6,300 | 14% |
Chanel Medium Flap Bag | € 7,850 | € 6,850 | 15% |
Chanel Jumbo Flap Bag | € 8,500 | € 7,400 | 15% |
Chanel Maxi Flap Bag | € 9,085 | € 7,900 | 15% |