CHANEL Bag Price Increase TODAY!

Today is the day! Chanel is increasing their prices across all of their boutiques worldwide on most of their popular bags. These Chanel price increases come shortly after a recent increase of 15% on their bags and now another increase could be from 10-15% we are estimating. Chanel is increasing their pricing almost every 2-3 months now with probably 1-2 more increases on their pricing throughout the 2024 year.

Chanel is trying to compete with their French luxury fashion competitor, Hermes. However Hermes has artisans who make all of their bags and products by hand unlike Chanel which is machine manufactured. Customers have been able to tell the different and some are not happy with Chanel and their new pricing as it does align with the quality. We will see how much more the CHANEL brand will increase their prices and if the demand will still be there or will they out price themselves?

What are your thoughts about the increasing CHANEL pricing? Do you think CHANEL has gone too high for their products? Are you going to purchase a CHANEL bag from their boutique in the next few months? COMMENT BELOW!