Chanel price increase - Crazy or not

Price increase

  • Crazy

    Votes: 648 89.8%
  • I will keep purchasing

    Votes: 74 10.2%

  • Total voters
    722
Jan 25, 2007
379
751
I’m afraid of being either robbed or judged because people see I’m carrying a bag they know costs similar to Hermes. This is a reason I don’t carry Hermes.
 

lovieluvslux

That bag is fine!
O.G.
Oct 17, 2010
2,051
993
I have one item on wish list. That is mini rectangular... Then I am done, except for 1 pair of shoes. The other Chanel will be pre-loved.
 

MahaM

Member
Aug 14, 2017
1,132
1,130
It is crazy but the craziest part is that people are still buying even with what’s going on around the world. I don’t feel comfortable buying any luxury items at the moment. Not a necessity.
Me too. I’m not comfortable For the time being buying luxury items or things that are unnecessary.
 

mellecyn

O.G.
Feb 28, 2006
7,006
1,680
I looked into buying a classic flap back in 2008 when the british pound had fallen and it was cheaper in the UK than France. It was a bit more than 2000 Euros. I should have...So now you´re telling me that same classic flap is 5700 Euros, for a lesser quality and made I don´t know where and how?????
 
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cllb

Member
Jul 21, 2012
223
191
I looked into buying a classic flap back in 2008 when the british pound had fallen and it was cheaper in the UK than France. It was a bit more than 2000 Euros. I should have...So now you´re telling me that same classic flap is 5700 Euros, for a lesser quality and made I don´t know where and how?????
Basically, yes!
 
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phishfan

Member
Dec 27, 2010
126
688
I’m surprised at how quickly the new prices feel “normal” now. All the resellers (independent resellers on Instagram as well as bigger companies like Fashionphile) immediately increased prices. Not only that, the items do seem to sell out quickly.

As others in this thread have already mentioned, the price increase may be a non-issue for those who have the means but does exclude many others (including myself) now.

Chanel obviously has done this several times now — see short term outrage at price increases before customers just get used to it and accept them.
 

pinkrose398

MaddyLoves.com
O.G.
Feb 7, 2009
1,274
1,479
Vancouver, BC
www.maddyloves.com
I’m surprised at how quickly the new prices feel “normal” now. All the resellers (independent resellers on Instagram as well as bigger companies like Fashionphile) immediately increased prices. Not only that, the items do seem to sell out quickly.

As others in this thread have already mentioned, the price increase may be a non-issue for those who have the means but does exclude many others (including myself) now.

Chanel obviously has done this several times now — see short term outrage at price increases before customers just get used to it and accept them.
I guess thats what makes them a good “investment.” And buyers see that trend, so they’ll keep buying. I was done with buying retail and thought I could just pivot to buying vintage but even vintage prices have gone up astronomically.
 
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phishfan

Member
Dec 27, 2010
126
688
I guess thats what makes them a good “investment.” And buyers see that trend, so they’ll keep buying. I was done with buying retail and thought I could just pivot to buying vintage but even vintage prices have gone up astronomically.
Agreed! I have some vintage bags I thought I overpaid for but now they’re a “deal” by today’s standards.
 
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LARuk

Member
Jan 18, 2012
62
58
London
I said “crazy”, because it is. But I know I’ll still shop for things here and there. Last week I bought a really cute wallet with a removable insert for around $1,200. My phone fits in it so I can use it as a clutch. I feel like it was a good buy. But I don’t see myself buying any more jumbos or even m/l bags. I doubt I’ll buy second hand because I hate to spend almost retail for a used bag. I did recently buy a Hermes evelyne, but I agree that H and C are such a different look that someone would not just totally switch over to shopping H.
 
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Jem131

Member
Dec 18, 2015
68
100
Dallas, TX
Me too. I’m not comfortable For the time being buying luxury items or things that are unnecessary.
I agree ladies. Over 800,000 US women dropped out of the labor force due to the Pandemic. Many struggle to afford basic necessities for their families so a Chanel bag could not be furthest from their minds. For the time being I will donate to a worthy cause.
 
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ChanelCanuck

Member
Jan 21, 2013
1,481
2,417
Vancouver, Canada
I’m surprised at how quickly the new prices feel “normal” now. All the resellers (independent resellers on Instagram as well as bigger companies like Fashionphile) immediately increased prices. Not only that, the items do seem to sell out quickly.

As others in this thread have already mentioned, the price increase may be a non-issue for those who have the means but does exclude many others (including myself) now.

Chanel obviously has done this several times now — see short term outrage at price increases before customers just get used to it and accept them.
Fully agree at how easily these insane prices get normalized. I don't know how US$6-9k seem normal now for a bag that used to be US$2k mere years ago. (Several years ago, sure, but within the same generation!!)