The rumors on the Chanel prince increase for 2020 were right. Chanel increased its prices on majority of bags in the European market just as quarantine restrictions began to ease up and stores reopened across majority of the continent. While the rumors were swirling about the exact increase that many beloved bags would face, we can confirm that in some cases it was above the 17% figure that was being floated around.
If you’re a fan of Boy Bags, take a sigh of relief because the changes there were the lowest, with a 4-5% change. However, the classics were hit hardest, with a 25% change at the high end for the Mini Square Flap Bag. The rest of the Classics saw around a 14-17% increase with the Small Classic Flap and Reissue 224 seeing a 21% increase.
Most assume other countries will be hit with price increases as well, but there is no news on when these will officially go into effect. There are rumors that the US will not be given such a steep increase, but this is only a rumor and until new prices are released, we can only speculate. Chanel has removed its typical readily available pricing from its website, so at this time you can not see prices on bags. This typically happens when the brand is ready to introduce new pricing.
With majority of boutiques still closed, being able to get a bag before the increase proves challenging which leaves many frustrated that there seems to be very little chance to purchase pre-increase. Typically, when the rumors begin, consumers have some time to get to the store to try to get a bag before the inevitable new prices take hold, but that is incredibly difficult to do right now with boutiques closed and Chanel not selling bags online.
Here is a look at the new European prices for Chanel bags after this latest price increase. We will update this article as further price increases are released and we receive more information.
Classic Bag Prices
Style | New Price | Old Price | Percent Increase |
Chanel Classic Mini Square Flap Bag | €3,350 | €2,680 | 25% |
Chanel Classic Mini Rectangular Flap Bag | €3,500 | €3,050 | 14.8% |
Chanel Classic Small Flap Bag | €5,500 | €4,550 | 20.9% |
Chanel Classic Medium Flap Bag | €6,050 | €5,150 | 17.5% |
Chanel Classic Jumbo Flap Bag | €6,600 | €5,700 | 15.8% |
Chanel Classic Maxi Flap Bag | €7,100 | €6,200 | 14.5% |
Reissue Bag Prices
Style | New Price | Old Price | Percent Increase |
Chanel Reissue 224 Bag | €5,500 | €4,550 | 20.9% |
Chanel Reissue 225 Bag | €6,050 | €5,150 | 17.5% |
Chanel Reissue 226 Bag | €6,600 | €5,700 | 15.8% |
Chanel Reissue 227 Bag | €7,100 | €6,200 | 14.5% |
Boy Bag Prices
Style | New Price | Old Price | Percent Increase |
Chanel Small Boy Flap Bag | €4,300 | €4,120 | 4.3% |
Chanel Old Medium Quilted Boy Flap Bag | €4,700 | €4,480 | 4.9% |
Chanel New Medium Boy Flap Bag | €4,980 | €4,980 | 0% |
W.O.C. Prices
Style | New Price | Old Price | Percent Increase |
Chanel Classic Quilted WOC Bag | €2,350 | €2,150 | 9.3% |
Chanel Boy WOC Bag | TBD | €2,340 | TBD |
Gabrielle Bag Prices
Style | New Price | Old Price | Percent Increase |
Gabrielle Small | €3,900 | €3,600 | 8.3% |
Gabrielle Medium | €4,100 | €4,000 | 2.5% |
Gabrielle Backpack | €3,450 | €3,280 | 4.9% |
Chanel 19 Prices
Style | New Price | Old Price | Percent Increase |
Chanel 19 Small Bag | €4,600 | €4,200 | 9.5% |
Chanel 19 Large Bag | €5,000 | €4,700 | 6.3% |
Chanel 19 Maxi Bag | €5,500 | €5,150 | 6.7% |
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