Chanel lovers it’s that time again – hold on to your purses! The first Chanel price increase 2022 landed on March the 3rd and August teh 10th of 2022. We’ve documented the increases of popular Chanel bags below featuring before and after prices. Whilst we’ve seen some higher % increases from Louis Vuitton recently, any % increases on a Chanel bag can make a hefty difference to how much a new bag will cost.
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Why Chanel Increase their Prices
Chanel, like many other designer brands, regularly increases their prices on an annual basis. This is due to keeping up with inflation, brand perception, and staying in line with other designer brands. 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.
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. These bags are often seen as investment pieces, not just a throw-away fashion pieces that over time will lose their value and that’s part of the appeal and justification for many to take the plunge and purchase.
Chanel Price Increase August 2022
Find out which Chanel bags were affected by the Chanel price increase of August 2022. This was a big one adding hundreds to the price of many popular bags including the Chanel 19 and boy bag.
Image | Bag Style | Original Price £ | Aug New Price £ | £ Difference | % Increase |
Mini Chanel Boy Bag (NEW 2022) | £3485 | £3780 | £295 | 8% | |
Small Chanel Boy | £4200 | £4570 | £370 | 8% | |
Medium Chanel Boy | £4535 | £4950 | £415 | 9% | |
Large Chanel Boy | £4785 | £5200 | £415 | 8% | |
Maxi Classic Flap | £7935 | £ | % | ||
Large Classic Flap | £7475 | £8140 | £665 | 9% | |
Classic Flap | £6930 | £7550 | £620 | 9% | |
Small Classic Flap Bag | £6510 | £7090 | £580 | 9% | |
Mini Flap | £3360 | £3650 | £290 | 8% | |
Mini 2.55 (NEW 2022) | £3360 | £3650 | £290 | 8% | |
2.55 Handbag | £6930 | £7550 | £620 | 9% | |
Large 2.55 | £7475 | £8140 | £665 | 9% | |
Maxi 2.55 | £7935 | £ | £ | % | |
Trendy CC Top Handle Small | £4700 | £5120 | £420 | 9% | |
Small Top Handle Flap Bag | £3350 | unknown | £ | % | |
LargeTop Handle Flap Bag | £3620 | unknown | £ | % | |
Maxi Top Handle Flap Bag | £3940 | unknown | £ | % | |
19 Flap Bag | £4365 | £4740 | £375 | 8% | |
19 Large Flap Bag | £4785 | £5200 | £415 | 8% | |
19 Maxi Flap Bag | £5250 | £5710 | £460 | 8% | |
Business Affinity Mini (old small) | £3400 | unknown | £- | % | |
Business Affinity Small (old medium) | £3510 | unknown | £- | % | |
Business Affinity Large | – | unknown | £- | % | |
Shopping Tote / Deauville | £3420 | unknown | £ | % | |
Wallet on Chain | £2265 | £2470 | £205 | 9% | |
BOY Wallet on Chain | £2220 | unknown | £ | % | |
Chanel 19 Wallet on Chain | £2940 | unknown | £ | % | |
Small Chanel 22 Bag | £3945 | £4280 | £335 | 8% | |
Medium Chanel 22 Bag | £4115 | £4490 | £375 | 9% | |
Large Chanel 22 Bag | £4450 | £4870 | £420 | 9% |
Chanel Price Increase UK £ – March 2022
Below is a table of popular and classic Chanel bags before and after the March 3rd, 2022 price increases.
Image | Bag Style | Original Price £ | March New Price £ | £ Difference | % Increase |
Mini Chanel Boy Bag (NEW 2022) | – | £3485 | – | – | |
Small Chanel Boy | £4040 | £4200 | £160 | 4% | |
Medium Chanel Boy | £4380 | £4535 | £155 | 3% | |
Large Chanel Boy | £4640 | £4785 | £145 | 3% | |
Maxi Classic Flap | £7570 | £7935 | £365 | 5% | |
Large Classic Flap | £7140 | £7475 | £335 | 5% | |
Classic Flap | £6630 | £6930 | £300 | 4% | |
Small Classic Flap Bag | £6210 | £6510 | £300 | 5% | |
Mini Flap | £3260 | £3360 | £100 | 3% | |
Mini 2.55 (NEW 2022) | – | £3360 | – | – | |
2.55 Handbag | £6630 | £6930 | £300 | % | |
Large 2.55 | £7140 | £7475 | £780 | 5% | |
Maxi 2.55 | £7570 | £7935 | £780 | 5% | |
Trendy CC Top Handle Small | £4560 | £4700 | £140 | 3% | |
Small Top Handle Flap Bag | £3350 | £ | £ | % | |
LargeTop Handle Flap Bag | £3620 | £ | £ | % | |
Maxi Top Handle Flap Bag | £3940 | £ | £ | % | |
19 Flap Bag | £4210 | £4365 | £155 | 4% | |
19 Large Flap Bag | £4640 | £4785 | £145 | 3% | |
19 Maxi Flap Bag | £5070 | £5250 | £180 | 3% | |
Business Affinity Mini (old small) | £3400 | unknown | £- | % | |
Business Affinity Small (old medium) | £3510 | unknown | £- | % | |
Business Affinity Large | – | unknown | £- | % | |
Shopping Tote / Deauville | £3420 | £- | £ | ||
Wallet on Chain | £- | £2265 | £ | ||
BOY Wallet on Chain | £2220 | unknown | – | – | |
Chanel 19 Wallet on Chain | £2940 | unknown | – | – |
Chanel Price Increase US $ – August 2022
The August price increase of 2022 has not affected the United States prices of Chanel bags. Prices remain the same.
Image | Bag Style | Original Price $ | Aug New Price $ | $ Difference | % Difference |
Mini Chanel Boy Bag (NEW 2022) | $4500 | $4500 | $0 | 0% | |
Small Chanel Boy | $5400 | $5400 | $0 | 0% | |
Medium Chanel Boy | $5900 | $5900 | $0 | 0% | |
Large Chanel Boy | $6200 | $6200 | $0 | %0 | |
Maxi Classic Flap | $10000 | $10000 | $0 | 0% | |
Large Classic Flap | $9500 | $9500 | $0 | 0% | |
Classic Flap | $8800 | $8800 | 0$ | 0% | |
Small Classic Flap Bag | $8200 | $8200 | $0 | 0% | |
Mini Flap | $4400 | $4400 | $0 | 0% | |
Mini 2.55 (NEW 2022) | – | $ | – | – | |
2.55 Handbag | $8800 | $8800 | $ | % | |
Large 2.55 | $9500 | $9500 | $ | % | |
Maxi 2.55 | $10000 | $10000 | 0$ | 0% | |
Small Top Handle Flap Bag | $4200 | $4200 | $0 | 0% | |
Medium Top Handle Flap Bag | $4500 | $4500 | 0$ | 0% | |
Large Top Handle Flap Bag | $4900 | $4900 | $0 | 0% | |
19 Flap Bag | $5700 | $5700 | $0 | 0% | |
19 Large Flap Bag | $6300 | $6300 | $0 | 0% | |
19 Maxi Flap Bag | $6900 | $6900 | $0 | 0% | |
Business Affinity Mini (old small) | $ | $ | $0 | 0% | |
Business Affinity Small (old medium) | $ | $ | $0 | 0% | |
Business Affinity Large | $ | $ | $0 | 0% | |
Shopping Tote / Deauville | $3900 | $3900 | $ | % | |
Wallet on Chain | $2950 | $2950 | $0 | 0% | |
Boy Wallet on Chain | $3000 | $3000 | $0 | 0% | |
Chanel 19 Wallet on Chain | $3650 | $3650 | $0 | 0% |
Chanel Price Increase US $ – March 2022
Discover the third price increase changes for the US in dollars in the table below for March 3rd, 2022. *WAITING FOR NEW PRICES*
Image | Bag Style | Original Price $ | Nov New Price $ | $ Difference | % Difference |
Mini Chanel Boy Bag (NEW 2022) | – | $4500 | – | – | |
Small Chanel Boy | $5400 | $ | $ | 0% | |
Medium Chanel Boy | $5900 | $ | $ | 0% | |
Large Chanel Boy | $6200 | $ | $0 | %0 | |
Maxi Classic Flap | $10000 | $ | $ | % | |
Large Classic Flap | $9500 | $ | $ | % | |
Classic Flap | $8800 | $ | $ | % | |
Small Classic Flap Bag | $8200 | $ | $ | % | |
Mini Flap | $4400 | $ | $0 | 0% | |
Mini 2.55 (NEW 2022) | – | $ | – | – | |
2.55 Handbag | $8800 | $ | $ | % | |
Large 2.55 | $9500 | $ | $ | % | |
Maxi 2.55 | $10000 | $ | $ | % | |
Small Top Handle Flap Bag | $4200 | $ | $ | % | |
Medium Top Handle Flap Bag | $4500 | $ | $ | % | |
Large Top Handle Flap Bag | $4900 | $ | $ | % | |
19 Flap Bag | $5700 | $ | $0 | 0% | |
19 Large Flap Bag | $6300 | $ | $0 | 0% | |
19 Maxi Flap Bag | $6900 | $ | $0 | 0% | |
Business Affinity Mini (old small) | $ | $ | $ | % | |
Business Affinity Small (old medium) | $ | $ | $ | % | |
Business Affinity Large | $ | $ | $ | % | |
Shopping Tote / Deauville | $3900 | $ | $ | % | |
Wallet on Chain | $2950 | $ | $0 | 0% | |
Boy Wallet on Chain | $3000 | $ | $0 | 0% | |
Chanel 19 Wallet on Chain | $3650 | $ | $ | 0% |
Summary of Chanel 2022 Price Increases
In summary, the price increase for Chanel on 3rd March 2022 was mostly focused again on the ‘classics’ and included some of the more trendy styles of bag including the Boy, Chanel 19, and Trendy CC.
How often does Chanel increase their prices?
In more recent years, Chanel has increased their prices two to three times a year. The rises are becoming more frequent as economic factors are driving up costs of production, but also demand has grown over the years. In order to remain a premium luxury brand, Chanel is now much more regularly increasing their designer bag prices.
You can pick up older styles, sizes, and colorways with a good discount on RRP if you know where to shop. We generally purchase our used Chanel stock on eBay, always buy from a seller with great feedback and ALWAYS get your bag an Authentication Certificate when it arrives for peace of mind that your pre-loved Chanel bag is real.
When is the Next Chanel Price Increase?
After documenting the price increases from 2021, we estimate that the next price increase will take place around July and another one in November 2022. See the Chanel 2021 price increases in this blog here.
How to Beat the Chanel Price Increase
The only way to beat the Chanel increase is to buy your new Chanel bag as soon as possible from a Chanel boutique. Prices will never be reduced or styles sold in a sale, so you can guarantee that the price you see today is the cheapest you can purchase the bag for.
The other way is to purchase a Chanel bag pre-loved (most are so well looked after they’re like new!), from a marketplace like eBay or Vestaire Collective. If you are purchasing pre-loved make sure you’re buying from a reputable seller with lots of good feedback.
Personally, we feel that the pre-loved market is the way forward. It’s exciting, fun, and you can make good savings on Chanel retail prices.
If you want to make a purchase before the next price increase but don’t have the funds available, read our blog on how to finance a Chanel bag here.
Are you still wondering WHY Chanel bags are SO expensive? Find out the REAL reason in this blog here.