We’re all just settling into the new year, and the last thing we want to hear is that another price increase is happening at Chanel. The very active Chanel rumor mill, verified by sales associates around the country, shared the news of Chanel’s upcoming 2022 price increase. The date of the increase will be January 15th, which nearly coincides with the launch of 22P collections being released on the 18th. This marks the fourth price increase from the fashion house in the last 12 months.
Which Chanel Bags Will See An Increase?
The silver lining is that majority of the highly coveted Classics, which already have been hit with multiple price increases last year, will continue retailing at their current prices.
The bags that will be impacted include the Chanel Coco Handle, Chanel Business Affinity, and Chanel Boy Bag with Handle. The Wallet-On-Chain, Mini Flaps, and Chanel 19 bags will be unaffected by this price increase.
The three handle styles will see a spike of 8-12%.
New Coco Handle Prices for 2022
|Style||Current Price||New Price||% Increase|
|Mini Coco Handle AS2215||$4,300||$4,800||11.6%|
|Small Coco Handle A92990||$4,600||$5,000||8.7%|
|Medium Coco Handle A92991||$5,000||$5,500||10%|
|Large Coco Handle A92992||–||$5,900||–|
New Business Affinity Prices for 2022
|Small Business Affinity Flap Bag with Top Handle||A93749||$4,600|
|Business Affinity Flap Bag with Top Handle||A93607||$4,900|
|Large Business Affinity Flap Bag with Top Handle||A93608||$5,300|
|Business Affinity Backpack||A93748||$5,000|
|Small Business Affinity Shopping Bag||A93750||$4,900|
|Large Business Affinity Shopping Bag||A93795||$5,300|
New Boy Bag with Handle Prices for 2022
|Small Boy Chanel Chain Handle Flap Bag||A94805||$6,700|
|Old Medium Boy Chanel Chain Handle Flap Bag||A84804||$7,200|
Recent Price Increase History
In the last 12 months, Chanel increased their prices three times. This latest increase marks the fourth increase in that time frame. The January 2021 price increase saw price hikes for the majority of styles, including Classic Flap bags, with an increase of about 4-7%.
6 months later in July 2021, Chanel had a double-digit increase across the board which left Chanel fans and shoppers stunned. We published an article explaining what is causing the frequent Chanel price increases; it’s lengthy but worth the read.
While still shellshocked by the summer increase, shoppers witnessed a third Chanel price increase on its Classic Flap Bags in November of 2021.
These recent increases continue to stir up interest in the pre-owned / pre-loved market for Chanel bags. There has been a steady increase in conversation on pre-loved Chanel bags on PurseForum, as shoppers are looking to the resale market for more attainable options on popular bags, as many are finding themselves priced out of the retail offerings.
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By Megs Mahoney Dusil • Jan 11, 2022