Everything You Need To Know About Chanel Handbag Price Increases

It is no secret that the pandemic has made an enormous impact on the fashion industry. While some brands have thrived during this time, others may have experienced lower sales.

This is because fashion houses like Chanel don’t have an online store although they do provide prices online. In response to this, Chanel announced a large price increase earlier this year which has seen the prices of their handbags go up exponentially.

Some bags, such as the Chanel Mini Classic Square Flap, have gone up by 20% while others have only gone up by 2.2%.

Everything You Need To Know About Chanel Handbag Price Increases

The bags that have seen the larger increases have tended to be the models that are high in demand as well as their classic range which has only proven to increase in value over time.

Whether you have been saving to purchase your first Chanel handbag or are wanting to add to your collection, it’s important to know the current prices so you can adjust your savings accordingly.

In this guide, we’ve given you a breakdown of each iconic Chanel handbag design and provided the previous and current prices for each bag depending on size and shape. 

Chanel Price Increase 2021: The New Prices In The US

Here are the average prices for each of Chanel’s mainstay bags. Please bear in mind that these prices can differ depending on the boutique you visit but we have gathered the old and new prices as given on the Chanel website. 

2021 Classic Flap US Prices

The product that saw the largest price increase was the Classic Flap Bag.

Often referred to as the most iconic product that Chanel has to offer, this bag has been subject to a lot of price increases in the past and remains one of the most in-demand luxury bags on the market.

Here are the old and new prices for each Classic Flap bag depending on the size and shape:

  • Chanel Classic Mini Square Flap Bag

Previously was $3,600 and is now increased to $3,800.

  • Chanel Classic Mini Rectangular Flap Bag

Previously was $3,800 and is now increased to $4,000.

  • Chanel Classic Small Flap Bag

Previously was $5,800 and is now increased to $6,200.

  • Chanel Classic Medium Flap Bag

Previously was $6,500 and is now increased to $6,800.

  • Chanel Classic Jumbo Flap Bag

Previously was $7,100 and is now increased to $7,400.

  • Chanel Classic Maxi Flap Bag

Previously was $7,700 and is now increased to $8,000.

2021 Reissue 2.55 US Prices 

For those who love the Classic Flap style but want a more understated clasp, the Reissue 2.55 is often regarded as a reimagination of the original bag that Coco Chanel herself designed.

This bag also did not escape from price increases and has seen a similar price increase to the Classic Flap as it is also a bag that is high in demand.

Here are the price increases for the Chanel Reissue 2.55 Bag:

  • Chanel Reissue 224 Bag 

Previously was $5,800 and is now increased to $6,200.

  • Chanel Reissue 225 Bag 

Previously was $6,500 and is now increased to $6,800.

  • Chanel Reissue 226 Bag

Previously was $7,100 and is now increased to $7,400.

  • Chanel Reissue 227 Bag

Previously was $7,700 and is now increased to $8,000.

2021 Boy Bag US Prices

One of the most popular bags to come out of Karl Lagerfeld’s legendary tenure at Chanel was the Boy Bag which brought an element of punk to the luxury house.

The Boy Bag has been a mainstay within Chanel collections since its inception and has been regarded as a great alternative for those who want to invest in Chanel but have an edgier style.

Here are the price increases for the Chanel Boy Bag:

  • Chanel Small Boy Flap Bag

Previously was $4,600 and is now increased to $4,900.

  • Chanel Old Medium Boy Flap Bag

Previously was $5,000 and is now increased to $5,300.

  • Chanel New Medium Boy Flap Bag

Previously was $5,500 and is now increased to $5,600.

2021 Gabrielle Bag US Prices

2021 Gabrielle Bag US Prices

One of the more modern bags in the permanent Chanel collection is the Gabrielle Bag which was first introduced in 2017.

The price increases for this bag are not as drastic as the other bags meaning that those who want to invest in a Gabrielle don’t have to worry too much about the price increase.

Here is the pricing information for the Gabrielle Bag including the previous and new prices:

  • Gabrielle Small

Previously was $4,100 and is now increased to $4,400.

  • Gabrielle Medium

Previously was $4,300 and is now increased to $4,600.

  • Gabrielle Large

Previously was $4,600 and is now increased to $4,700.

2021 Chanel 19 Bag US Prices

The most popular modern Chanel bag at the moment is the Chanel 19 which is a modern twist on the Classic Flap.

Boasting a more relaxed aesthetic than the upscale and mature appearance of the Classic Flap, the Chanel 19 is available in an array of different sizes and colors.

It has also faced a price increase along with the other bags and due to the high demand and popularity, the increasing percentage is among the largest of Chanel’s price changes.

Here is the pricing data for the Chanel 19 Bag including the previous and current prices for each size:

  • Chanel 19 Small Bag

Previously was $4,800 and is now increased to $5,100.

  • Chanel 19 Maxi Bag

Previously was $5,300 and is now increased to $5,600.

  • Chanel 19 Maxi Bag

Previously was $5,800 and is now increased to $6,200.

Conclusion

In conclusion, knowing the prices of Chanel products is important, especially if you have been saving up for months for that special investment.

This is because you cannot buy Chanel bags from their website although you can purchase them on the secondhand market. If you are wanting to invest in a brand new Chanel handbag, then you will have to venture to a boutique to buy it.

With some designs facing larger price increases than others, it’s important to make sure that you are saving that extra bit of money before making the purchase. 

Maya Garcia