Yes, CHANEL has raised their prices yesterday and we have all the latest increases. From CHANEL’s Classic to the Gabrielle to the Chanel 19, all the bags have increased from 4-6%! Chanel just increased their prices in January and now two months later they have just increased the prices with making their smaller Classic Flap bag at $10,400!!! That is around the same price as the Hermes Birkin 25!

The CHANEL Prices have gotten out of control with a Jumbo Flap at $11,700 and the Chanel Maxi Bag is now $12,300! Even a WOC is over $4,000!! We are just dumbfounded about these prices as the quality is not the same as their competitor Hermes. We are having a hard time adjusting to these crazy prices being that each of these bags is made by a machine, not by hand like Hermes. We LOVE Chanel however they should stop with these price increases as like we have said in the past that they might out price themselves.

We are interested in the future as we have collections and we have some collectors that look at these bags as investments. We want to keep up to date to know the costs as collectors however these prices will fall dramatically on the resale market. We will not purchase a brand new bag at CHANEL however we would consider it for the half price it will go to on the resale market.

What are your thoughts of the NEW CHANEL March 2024 prices?? COMMENT BELOW!