Chanel classic flap and gold 22 bag chanel price increase march 2023

Chanel Price Increase 2023 (Before & After)

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The first Chanel price increase 2023 hit in March 2023 – hold on to your purses it’s a big one! One of the common love-hate occurrences that luxury lovers have to grin and bear, Chanel shows no signs of slowing down the frequency of its colossal price increases anytime soon. The first Chanel price increase of 2023 has just hit and below are the before and after prices.

Why Chanel Increase their Prices

Chanel is a luxury brand that regularly increases its prices on key, classic items and beyond to maintain prestige, not-very-obtainable perception. To own a piece of Chanel is therefore a total indulgence in luxury, a gorgeous piece that’ll often travel through time with you, never looking out of place. Interestingly, it seems Chanel is on a mission to raise its brand perception through price, not only can you expect 2-3 increases a year (with some sneaky ones in between), but we are also learning they can be BIG increases often at over 10%.

The benefit of Chanel increasing their prices are clear – Chanel 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 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.

If you want to take a look at all the price increases on Chanel bags in 2022, check them out here.

Chanel Price Increase March 2023

Find out which Chanel bags were affected by the Chanel price increase of March 2023. The effect has been felt across the entire range of Chanel and classics continue to rise incredibly rapidly.

ImageBag StyleOriginal Price £March New Price ££ Difference% Increase
Chanel price increases 2022 chanel mini boy bagMini Chanel Boy Bag
(NEW 2022)
£3780£4490£71017%
Small Chanel boy bag thumbnail handbagholic 200x200pxSmall Chanel Boy£4570£5060£49010%
Chanel medium boy bag pink thumbnail handbagholic 200x200pxMedium Chanel Boy£4950£5580£63012%
Chanel large boy bag thumbnail handbagholic 200x200pxLarge Chanel Boy£5200£5890£69012%
Chanel maxi classic flap bag thumbnail handbagholic 200x200pxMaxi Classic Flap£7935££%
Chanel large classic flap thumbnail handbagholic 200x200pxLarge Classic Flap£8140££%
Chanel Classic Flap thumbnail handbagholic 200x200pxClassic Flap£7550£8530£98012%
Chanel Small Classic Flap thumbnail handbagholic 200x200pxSmall Classic Flap Bag£7090£8180£109014%
Chanel mini flap bag thumbnail handbagholic 200x200pxMini Flap£3650£3960£3108%
Chanel reissue 2.55 mini bag blackMini 2.55
(NEW 2022)
£3650£4130£48012%
Chanel 2.55 handbag thumbnail handbagholic 200x200px2.55 Handbag£7550£8530£98012%
Chanel Large 2.55 thumbnail handbagholic 200x200pxLarge 2.55£8140££%
Chanel Maxi 2.55 Bag thumbnail handbagholic 200x200pxMaxi 2.55£7935££%
Chanel trendy cc bag top handle black smallTrendy CC Top Handle Small£5120£5800£68012%
Chanel Small Top handle Bag thumbnail handbagholic 200x200pxSmall Top Handle Flap Bag£3350unknown£%
Chanel Medium Top Handle Bag thumbnail handbagholic 200x200pxLargeTop Handle Flap Bag£3620unknown£%
Chanel Large Top Handle bag thumbnail handbagholic 200x200pxMaxi Top Handle Flap Bag£3940unknown£%
Chanel Maxi Flap Bag thumbnail handbagholic 200x200px19 Flap Bag£4740£5360£62012%
Chanel Large Maxi Flap Bag thumbnail handbagholic 200x200px19 Large Flap Bag£5200£5890£69012%
Chanel 10 Maxi Flap Bag thumbnail handbagholic 200x200px19 Maxi Flap Bag£5710£6460£75012%
Chanel business affinity mini small size bag yellowBusiness Affinity Mini
(old small)
£3400unknown£-%
Chanel business affinity medium pink bagBusiness Affinity Small
(old medium)
£3510unknown£-%
chanel business affinity flap top handle bag black largeBusiness Affinity Largeunknown£-%
Chanel Shopping Tote Deauville thumbnail handbagholic 200x200pxShopping Tote /
Deauville
£3420£4310£89023%
Chanel WOC black wallet on chain bagWallet on Chain£2470unknown£%
Chanel wallet on chain boy thumbnail handbagholic 200x200pxBOY Wallet on Chain£2220£2520£30013%
Chanel 19 wallet on chain thumbnail handbagholic 200x200pxChanel 19 Wallet on Chain£2940unknown£%
Small chanel 22 bag pink goldSmall Chanel 22 Bag£4280£4840£56012%
medium chanel 22 bag white goldMedium Chanel 22 Bag£4490£5100£61013%
large chanel 22 bag black goldLarge Chanel 22 Bag£4870£5500£63012%

Chanel Price Increase US $ – March 2023

Below is a list of the before and after prices in the US market in dollars, $ after the March 2023 Chanel bag price increase.

ImageBag StyleOriginal Price $Aug New Price $$ Difference% Difference
Chanel price increases 2022 chanel mini boy bagMini Chanel Boy Bag
(NEW 2022)
$4500$5900$140023%
Small Chanel boy bag thumbnail handbagholic 200x200pxSmall Chanel Boy$5400$6100$70012%
Chanel medium boy bag pink thumbnail handbagholic 200x200pxMedium Chanel Boy$5900$6600$70011%
Chanel large boy bag thumbnail handbagholic 200x200pxLarge Chanel Boy$6200$7000$80012%
Chanel maxi classic flap bag thumbnail handbagholic 200x200pxMaxi Classic Flap$10000price on request$%
Chanel large classic flap thumbnail handbagholic 200x200pxLarge Classic Flap$9500$11000$150016%
Chanel Classic Flap thumbnail handbagholic 200x200pxClassic Flap$8800$10200$140016%
Chanel Small Classic Flap thumbnail handbagholic 200x200pxSmall Classic Flap Bag$8200$9600$140017%
Chanel mini flap bag thumbnail handbagholic 200x200pxMini Flap$4400$4900$5000%
Chanel reissue 2.55 mini bag blackMini 2.55
(NEW 2022)
$4400$4900$50011%
Chanel 2.55 handbag thumbnail handbagholic 200x200px2.55 Handbag$8800$10200$140016%
Chanel Large 2.55 thumbnail handbagholic 200x200pxLarge 2.55$9500$11000$150016%
Chanel Maxi 2.55 Bag thumbnail handbagholic 200x200pxMaxi 2.55$10000$$0%
Chanel trendy cc bag top handle black smallChanel Trendy CC$6100$6900$800%
Chanel Small Top handle Bag thumbnail handbagholic 200x200pxSmall Top Handle Flap Bag$4200unknown
Chanel Medium Top Handle Bag thumbnail handbagholic 200x200pxMedium Top Handle Flap Bag$4500unknown
Chanel Large Top Handle bag thumbnail handbagholic 200x200pxLarge Top Handle Flap Bag$4900unknown
Chanel Maxi Flap Bag thumbnail handbagholic 200x200px19 Flap Bag$5700$6400$70012%
Chanel Large Maxi Flap Bag thumbnail handbagholic 200x200px19 Large Flap Bag$6300$7100$80012%
Chanel 10 Maxi Flap Bag thumbnail handbagholic 200x200px19 Maxi Flap Bag$6900$7700$80012%
Chanel business affinity mini small size bag yellowBusiness Affinity Mini
(old small)
$unknown
Chanel business affinity medium pink bagBusiness Affinity Small
(old medium)
$unknown
chanel business affinity flap top handle bag black largeBusiness Affinity Large$unknown
Chanel Shopping Tote Deauville thumbnail handbagholic 200x200pxShopping Tote /
Deauville
$3900$5100$120027%
Chanel wallet on chain black lambskinWallet on Chain$2950$3350$40013%
Chanel wallet on chain boy thumbnail handbagholic 200x200pxBoy Wallet on Chain$3000$3425$42513%
Chanel 19 wallet on chain thumbnail handbagholic 200x200pxChanel 19 Wallet on Chain$3650unknown
Small chanel 22 bag pink goldChanel 22 Small$5100$5500$4008%
medium chanel 22 bag white goldChanel 22 Bag$5300$5800$5009%
large chanel 22 bag black goldChanel 22 Large$5800$6300$5008%

Summary of Chanel 2023 Price Increases

In summary, the price increase for Chanel on 2nd March 2023 was mostly focused again on the ‘classics’ and included the classic flap and 2.55 reissue, it also hit popular trendy styles of bag including the Boy, Chanel 19, Chanel 22 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.

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 and you can make HUGE savings on Chanel retail prices.

If you want to know WHY Chanel bags are SO expensive, find out the REAL REASON in this blog here.

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