Chanel Price Increase *please include location*

TPF may earn a commission from merchant affiliate
links, including eBay, Amazon, and others

#10,938
calflu said:
like valentine said...when saks published their 16c list it showed a price increase for mini

and nope my sa didn't know about boy wocs decrease until she saw the tags.

Mini is seasonal

and i do think chanel benchmark prices on the market


valentino flaps are going around $1800 to $2400 (same size as minis...i was shocked when i saw the prices also!!)

i do think the price increase/decrease are for various reasons from the lux brands in the same category and also from popularity of these items.

As long as demand is good and competitors are raising prices then chanel will follow through.


Let's say chanel didn't increase the price and chanel wocs stayed at around $1200 from a few years ago. Well...that means chanel wocs would be competing against fendi and prada while chanel can't even keep classic wocs in stock at current prices!! And their flaps at around $3000 to low $4000 will be competing against not hermes but would be lower than lady dior!! I'm not saying i'm happy to see price increase but if the whole market segment is moving that direction then chanel will go with that!
Click to expand...

+1
 
#10,939
calflu said:
Like Valentine said...when Saks published their 16C list it showed a price increase for mini

And nope my SA didn't know about boy WOCs decrease until she saw the tags.

Mini is seasonal

And I do think Chanel benchmark prices on the market


Valentino flaps are going around $1800 to $2400 (same size as minis...I was shocked when I saw the prices also!!)

I do think the price increase/decrease are for various reasons from the lux brands in the same category and also from popularity of these items.

As long as demand is good and competitors are raising prices then Chanel will follow through.


Let's say Chanel didn't increase the price and Chanel WOCs stayed at around $1200 from a few years ago. Well...that means Chanel WOCs would be competing against Fendi and Prada while Chanel can't even keep classic WOCs in stock at current prices!! And their flaps at around $3000 to low $4000 will be competing against not Hermes but would be lower than Lady Dior!! I'm not saying I'm happy to see price increase but if the whole market segment is moving that direction then Chanel will go with that!
Click to expand...

Thanks appreciate the info.

So I guess the only consideration I have left in my decision with my purchases will be the new/bag refurb 5 yr issue.

Btw...When I made my purchase the other day at Saks NY store my SA really downplayed the new policy. She basically said dont pay it any mind. Saks will continue to service its customers in the same way we always have. But when I spoke with my NM SA a few weeks back she basically said in so many words they would be following the policy. But I kind of got the vibe during the convo, if they knew you as a customer the policy would not apply to you. Its crazy! I have got to get caught up on the 5yr refurb thread to see what others are saying....
 
#10,940
TIFFANI251 said:
I agree but it seems it is higher than 10% when you look at 2 increases in one year.

And im not sure about bags flying off shelves....the SA's seem to be getting nicer, some pushier just to make the sale. I also recall a convo with my NM SA whom stated once the bags go online for sale next month it will be more difficult for the SA's to make a nice commission....Time will tell, thats for sure.
Click to expand...

"next month" meaning Nov, i.e. Now? (since u posted this on Oct 31)
 
#10,945
Based on intel posted in Singapore and Australia threads and today's exchange rates from Google


I don't think there's US price increase:


"The prices in Singapore had increased. Classic medium flap is now $7090 (was $6660) and Jumbo is now $7930 (was $7430). Check out the updated prices on their website." -> $1 SGD = $0.71 USD so classic medium is now USD $5033 and jumbo USD $5630

Australia: jumbo is now AUD $7980 = USD $5665

$1 AUD = $0.71 USD (somehow $1AUD = $1 SGD today!)


Current U.S. Retail is $4900 for medium and $5500 for jumbo which put Singapore and Australia prices in line with US prices TODAY
 
#10,946
calflu said:
Based on intel posted in Singapore and Australia threads and today's exchange rates from Google


I don't think there's US price increase:


"The prices in Singapore had increased. Classic medium flap is now $7090 (was $6660) and Jumbo is now $7930 (was $7430). Check out the updated prices on their website." -> $1 SGD = $0.71 USD so classic medium is now USD $5033 and jumbo USD $5630

Australia: jumbo is now AUD $7980 = USD $5665

$1 AUD = $0.71 USD (somehow $1AUD = $1 SGD today!)


Current U.S. Retail is $4900 for medium and $5500 for jumbo which put Singapore and Australia prices in line with US prices TODAY
Click to expand...

Spore's price is catching up with US!!! But if we buy from BG, its gonna be avout the same with buying in spore.
 
#10,947
Visited my local Chanel Boutique today (in USA), and there was no price increase on classics.
My SA was just putting out a few new jumbos and all were $5500. M/L still $4900.
I only looked at those particular classics. I did purchase a few jewelry items and noticed they were much more expensive on a whole compared to last year.
 
You must log in or register to reply here.
Top