Chanel Price Increase *please include location*

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#8,101
Tutushopper, I agree with the arguments both you and ******** have presented. To be honest, with Chanel "coming out with 25+ new styles a season", it can never serve them well to water down the brand like this. We all love change but I think that iconic houses should not stray very far from the designs that identify them.

We don't know what arrangements the department stores have made with Chanel Corporate to still be able to carry their brand, maybe it's to carry more seasonals and fewer classics. At the end of the day the bags must be sold and if that means that they have to go sale (with 2nd and 3rd markdowns), then Chanel needs to revisit these arrangements if this hurts their brand.

I mean, let's face it, that 14-day exchange only policy can be a little daunting. I still do like the flexbility that dept. stores offer for return, and please note that I am not speaking about those 1-year from purchase date returns.
 
#8,102
First of all, it's March 1st here already. I called the boutique and there's no increase. The SA said there's no news about the increase in the horizon, as they know of right now.
 
#8,103
Second of all, I think the idea of buying bags and hope that the company will keep raising the price so your "stock" will increase in its value is really the idea of reseller, JMHO.

When you buy a bag, you're supposed to like it, coz bags meant to be used. Not kept in a vault. Hope that one day you will take it out and sell it to recoup all the money plus some. Bags are just stuff. It has its depreciation. Hardly you will get the same price you paid for it. Even a used Birkin or Kelly don't fetch as high as the new ones. In my country, if the bag is not from this year, it get lower price point coz it's an "old" bag. Although it's never been used, but it's old stock. KWIM?
 
#8,104
vink said:
Second of all, I think the idea of buying bags and hope that the company will keep raising the price so your "stock" will increase in its value is really the idea of reseller, JMHO.

When you buy a bag, you're supposed to like it, coz bags meant to be used. Not kept in a vault. Hope that one day you will take it out and sell it to recoup all the money plus some. Bags are just stuff. It has its depreciation. Hardly you will get the same price you paid for it. Even a used Birkin or Kelly don't fetch as high as the new ones. In my country, if the bag is not from this year, it get lower price point coz it's an "old" bag. Although it's never been used, but it's old stock. KWIM?
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I completely and wholeheartedly agree with you!
 
#8,105
I absolutely agree with the idea of Chanel releasing less seasonal bags and focus more on quality of their offering.

And they should really change their mind on the sending out photo of bags to customers. Without the photo, those new designs will never get sold.

I, for one, live far from a boutique. And with even more busy schedule now, I have less time to visit the boutique than ever. I don't get to see what's in and out of the store. As much as I want to take interest in seasonal bags, without photo of them, no way I will buy them sight unseen. The return policy here in my country isn't as generous as in the US, too. And my time is too precious to do that. So, without seeing the bag, I won't buy it.

And with more and more seasonal piece coming out, I see that CC everywhere!!!!! Someday I will see too many Chanel I'm bored and feel like what am I doing carrying such a boring bag that so expensive coz it has this logo attach to it. And well, the quality is just so so.

These days, I carry a local brand bag that is light weight, good size (not so big that it will look oversized and not so small that it can barely fit my stuff) and comes in very cute canary yellow and mint green color. I find it surprisingly durable. I no longer have to worry about putting my bag on the floor or the chair or bumping it into anything. Plus, it's cheap like 1/100 of a Jumbo and I don't have to care about the world how I treat it. My dog stepped on it and the leather has no scratches!!! Not to mention that I bump it into things and people everywhere lately. :P Still it looks so new. And can be clean easily, too.

Lately, I've been coming to this sub-forum less often. Partly because I find Chanel no longer entice me. I still love some new lovely color and still want to have a sqaure mini in my collection. I'm still curious about the new model, but it's no longer as exciting as it used to be. The visit to the boutique is no longer such a great time and bring joy to my eyes. They look boring. And when I touch the leather on the new bags, especially those new suede cavier, I feel very sad coz I know it will get dirty within an hour after getting used.

Sometimes, I start to doubt myself if I really should pay for the price Chanel command for their bags. (Yeah... I have my name on one of the tri-color classic for 13P. We will have to wait and see if I will love it enough to pull the trigger. It looks like a happy bag though. ;) )

Anyway, I'm not yet lose hope with Chanel and their new bags still pick up my interest, although not as strong as before. I just wish Chanel care more for their loyal fans and less on the money making, coz after all, the fans will be the one who support the brand in the long term, coz trends come and go, but loyalty remain.
 
#8,106
Or somehow, is this something related to to the "Chanel Bubble"? I mean I can't believe my eyes with all the price increase of luxury goods, I see more Chanel and Hermes than ever. It seems like everyone has at least one.

But seriously, if Chanel wants to keep people coming back for more, with this kind of pricing, quality is their main issue, coz once it get tasted and doesn't really live up to the par, why come back for more?
 
#8,107
vink said:
Or somehow, is this something related to to the "Chanel Bubble"? I mean I can't believe my eyes with all the price increase of luxury goods, I see more Chanel and Hermes than ever. It seems like everyone has at least one.

But seriously, if Chanel wants to keep people coming back for more, with this kind of pricing, quality is their main issue, coz once it get tasted and doesn't really live up to the par, why come back for more?
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I think this is exactly why a lot of the "old timers" here stopped buying around 2010 or so, because the quality just didn't jibe with the prices. I have bought a few new pieces, but when I compare the quality with the older ones, they don't come close. I think Chanel is more relying on enticing new people to the brand than they are with keeping the loyal customers. It's interesting that some other brands (Hermes, Dior) have kept the quality up, but Chanel has not. I still get excited with some new colors (and finally found my coveted red), but I'm kind of like you in wanting to see more quality for my money.
 
#8,108
vink said:
Or somehow, is this something related to to the "Chanel Bubble"? I mean I can't believe my eyes with all the price increase of luxury goods, I see more Chanel and Hermes than ever. It seems like everyone has at least one.

But seriously, if Chanel wants to keep people coming back for more, with this kind of pricing, quality is their main issue, coz once it get tasted and doesn't really live up to the par, why come back for more?
Click to expand...

tutushopper said:
I think this is exactly why a lot of the "old timers" here stopped buying around 2010 or so, because the quality just didn't jibe with the prices. I have bought a few new pieces, but when I compare the quality with the older ones, they don't come close. I think Chanel is more relying on enticing new people to the brand than they are with keeping the loyal customers. It's interesting that some other brands (Hermes, Dior) have kept the quality up, but Chanel has not. I still get excited with some new colors (and finally found my coveted red), but I'm kind of like you in wanting to see more quality for my money.
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I completely agree with you ladies! Just wanted to add... One more thing bothers me is when you go to the consignment store web site, for example Fashionphile, you’ll see Dior bags – approximately 40, Prada – approximately 40, Fendi – approximately 40. Chanel – 240?! 6 time more! In this case, what kind of exclusivity we are talking about?! I do understand that consignment store prefer Chanel because it sells, but I will never believe that people sell less their other bags….
 
#8,109
vink said:
Second of all, I think the idea of buying bags and hope that the company will keep raising the price so your "stock" will increase in its value is really the idea of reseller, JMHO.

When you buy a bag, you're supposed to like it, coz bags meant to be used. Not kept in a vault. Hope that one day you will take it out and sell it to recoup all the money plus some. Bags are just stuff. It has its depreciation. Hardly you will get the same price you paid for it. Even a used Birkin or Kelly don't fetch as high as the new ones. In my country, if the bag is not from this year, it get lower price point coz it's an "old" bag. Although it's never been used, but it's old stock. KWIM?
Click to expand...

First.. nobody said anything about solely buying a bag to use as an investment. What was said was a reason to justify the cost of the bag was the fact they have increased in value over time. It's like buying a vintage sportscar. You love it... it looks great... you enjoy it... but you also know it will appreciate in value if you treat it well and take care of it. I'm not sure why this is such a difficult concept to understand.

Second.. let's get real about only buying a bag based upon how it looks and functions. Who's kidding who? I'm quite sure you can find a no name bag made by someone in Mexico that looks and works better. A lot of things go into a purchase. Branding is by no means a second thought in anyone's minds. It's Chanel... and that automatically means something to a large amount of people. When you make a purchase the brand comes into play.. along with how exclusive the item is inside that brand. Price and exclusivity usually go hand in hand. Trust me.. if every third person walking down the street had a Chanel classic... 95% of the people here would magically find some other bag or some other brand that they had more "love" for. So let's try to be honest with ourselves here. The "love" for a bag has many different parts... and the high price and exclusivity is clearly one of them.

Sales and no price increases are not a great direction for Chanel to be going in. Hell... based upon some of the comments here... if Chanel dropped the price of the classics down to $295 it would be the best thing in the world. Everyone could afford one from one end of the country to the other. I surely wouldn't consider that a good thing... as I don't not seeing at least one price increase over the past year.
 
#8,113
There are a lot of threads discussing the cost of Chanel bags...whether they are worth it, would you buy them, quality decline, etc. It's been a challenge to weed through OT discussion to find intel about the price increase. While I appreciate the debate and I'm not a Mod, it would be nice to get back to topic. :flowers::hugs:

I'll start!

Looks like March 1st is not the increase date. Let's see what happens March 15th and April 1st!
 
#8,114
mp4 said:
There are a lot of threads discussing the cost of Chanel bags...whether they are worth it, would you buy them, quality decline, etc. It's been a challenge to weed through OT discussion to find intel about the price increase. While I appreciate the debate and I'm not a Mod, it would be nice to get back to topic. :flowers::hugs:

I'll start!

Looks like March 1st is not the increase date. Let's see what happens March 15th and April 1st!
Click to expand...

Let's not split hairs here. Discussing "the next price increase" and why that's good or bad all seems pretty much on point to me.

Plus.. since there's been no price increase in a year.. and none in sight.. what do you want? A monthly post that says "no news"? That's your up to date info. While we're all waiting for a price increase that may be another year away.. I don't think it'll hurt anybody to talk about if an increase is good or bad... and why so. Let's try to breathe life into the threads.. not smother them.
 
#8,115
Honestly the only brand I haven't heard quality issues about is Hermes. Chanel, LV and Balenciaga continue to have quality issues because they are trying to mass produce their products. Long gone are the days of true craftsmanship, so why am I paying more money for an inferior item? Because the brand name still means something to a larger market and they are willing the pay the price. For those of us on TPF, sure we might nit pick about quality and begrudge price increases, but there is a good portion of the population that could care less about quality, they want that bag because it's got the Chanel name attached to it.

Obviously we could all stop buying Chanel to prove a point...:D
 
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