Third Chanel Price Increase of 2021 Happening November 3rd – PurseBlog

A few days ago, the news of yet another Chanel price increase broke on our PurseForum. Chanel aficionados were told by their sales associates that a price increase on Classic Flaps and Reissues would go into effect on November 3rd. At first, some veteran Chanel lovers couldn’t believe it, as there had already been two increases this year (one in January and one in July). A third increase in the same calendar year is hardly the norm, but rest assured that it is happening, and the increases are significant.

The frustration over price increases is heated, with many people sharing their outspoken viewpoints on social media and our forums. However, as much as it may keep some from shopping the brand, the truth remains that Chanel continues to be one of the most sought-after handbag brands, and inventory is scarce and often spoken-for before it ever hits store shelves. On the flip side, the Chanel bag in your collection is more likely to keep its value, if not being worth more now than what you paid for it. At this rate, it is hard to fathom how much greater these increases can possibly go in the near future.

We have the rumored new Chanel prices listed below. We will update with more information as we receive it, and as always, check this PurseForum Chanel Price increase thread for all of the insider info!

The New Chanel Classic Style Prices

Chanel Classic Flap Styles
Current Price
New Price
% Increase

Wallet on Chain
$3,100
$3,500
12.9%

Chanel Classic Mini Rectangular Flap Bag
$4,400
$4,400
–

Chanel Classic Small Flap Bag
$7,100
$8,200
15.5%

Chanel Classic Medium Flap Bag
$7,800
$8,800
12.9%

Chanel Classic Jumbo Flap Bag
$8,500
$9,500
11.8%

Chanel Classic Maxi Flap Bag
$9,200
$10,000
8.7%