Here is the
Chanel Price Increase Report of February 2018. And of course, the prices of Chanel handbags went up in certain countries, but none of the prices went down.In this report we will also warn you about one handbag that might hike in price in the future, but for now you can still take advantage of the low price tag. This one handbag is the Small Classic Flap Bag, more details will follow below.
| The Chanel Price Report 2018 Overview |
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We will also compare the prices between certain countries, so you can easily spot where to buy the cheapest. We will also take the tax-refund calculation into account.Now, let’s get this report going. Let’s start by checking which countries have increased in prices and which not.
Which countries increased in prices?
The day of the release of the
Spring Summer 2018 Collection Act 1 should be a happy day. But for those that didn’t double-checked, it was also the day that the classic and the upcoming-classic handbag prices went up significantly in Japan. We’re talking about the Classic Flap Bags, The Classic WOC’s, Classic Wallets and even the Classic Boy Bags – all went up, up and up.And for the US! We’ve received a price hike of the classic bags in
November 2017. But Chanel decided to increase the prices of the Gabrielle Bag in the United States as well. Perhaps this handbag is becoming very popular there – so more demand means higher prices.And now, let’s cover and analyze the prices of each handbag.
Chanel Classic Flap Bag
The Classic Flap Bags in Japan went up in prices by around 7%. And perhaps 7% doesn’t sound a lot, but if you consider the already-super-high-price-tags of these iconic handbags, then it’s quite a lot of money. Let’s just say; this 7% extra payment could be an extra wallet or a beautiful coin purse.
| The Classic Flap Bags | New Prices | Previous Prices |
| Chanel Small Classic flap Bag | ¥551880 Yen | ¥514080 Yen |
| Chanel M/L Classic flap Bag | ¥621000 Yen | ¥577800 Yen |
| Chanel Jumbo Classic flap Bag | ¥691200 Yen | ¥642600 Yen |
| Chanel Maxi Classic flap Bag | est. ¥751607 Yen | ¥698760 Yen |
The Price Differences in Yen
| The Classic Flap Bags | Price Increase in Yen |
| Chanel Small Classic flap Bag | ¥37800 Yen |
| Chanel M/L Classic flap Bag | ¥43200 Yen |
| Chanel Jumbo Classic flap Bag | ¥48600 Yen |
| Chanel Maxi Classic flap Bag | est. ¥52847 Yen |
The Price Differences in %
| The Classic Flap Bags | Price Increase in % |
| Chanel Small Classic flap Bag | 7.35% |
| Chanel M/L Classic flap Bag | 7.48% |
| Chanel Jumbo Classic flap Bag | 7.56% |
| Chanel Maxi Classic flap Bag | est. 7.56% |
Chanel Boy Bag
The Boy Bag prices have jumped as high as the Classic Flap Bags – they too have been increased by 7%. But do note one thing; the Classic Bags have always been more expensive than the Boy Bags, which means that the prices in Yen went up much higher.
| The Boy Bags | New Prices | Previous Prices |
| Chanel Boy Small Bag | ¥506520 Yen | ¥471960 Yen |
| Chanel Boy Medium Bag (Old Medium) | ¥550800 Yen | ¥513000 Yen |
| Chanel Boy Medium Plus Bag (New Medium) | est. ¥614642 Yen | ¥572461 Yen |
| Chanel Boy Large Bag | est. ¥618258 Yen | ¥575829 Yen |
The Price Differences in Yen
| The Boy Bags | Price Increase in Yen |
| Chanel Boy Small Bag | ¥34560 Yen |
| Chanel Boy Medium Bag (Old Medium) | ¥37800 Yen |
| Chanel Boy Medium Plus Bag (New Medium) | est. ¥42181 Yen |
| Chanel Boy Large Bag | est. ¥42429 Yen |
The Price Differences in %
| The Boy Bags | Price Increase in % |
| Chanel Boy Small Bag | 7.32% |
| Chanel Boy Medium Bag (Old Medium) | 7.37% |
| Chanel Boy Medium Plus Bag (New Medium) | est. 7.3% |
| Chanel Boy Large Bag | est. 7.3% |
Chanel Trendy CC Bag
It wasn’t only the iconic bags that got the price-increase-slap, but the upcoming classics as well, like this Trendy CC Bag. In fact, the upcoming classics went up in prices even more, for example; the Trendy CC Bags were increased by more than 12%. Now, if that isn’t a big slap.
| The Trendy CC Bags | New Prices | Previous Prices |
| Chanel Small Trendy CC Bag | ¥606960 Yen | ¥538920 Yen |
| Chanel Medium Trendy CC Bag | ¥654480 Yen | ¥579960 Yen |
| Chanel Large Trendy CC Bag | ¥760320 Yen | ¥675000 Yen |
The Price Differences in Yen
| The Trendy CC Bags | Price Increase in Yen |
| Chanel Small Trendy CC Bag | ¥68040 Yen |
| Chanel Medium Trendy CC Bag | ¥74520 Yen |
| Chanel Large Trendy CC Bag | ¥85320 Yen |
The Price Differences in %
| The Trendy CC Bags | Price Increase in % |
| Chanel Small Trendy CC Bag | 12.63% |
| Chanel Medium Trendy CC Bag | 12.85% |
| Chanel Large Trendy CC Bag | 12.64% |
Price Increase In The United States
As we’ve stated before, the prices of the Gabrielle Bags in the US have been increased as well. But it’s only the Gabrielle Bags, the other bag prices have remained the same.
Chanel Gabrielle Bag
The Gabrielle Bag collection is huge and almost all of these handbags have jumped prices. They went up by around 9% to 11%, which is quite a lot.We will only cover the most popular Gabrielle Bags because there are too many. For the latest updated prices, you can always check the
Gabrielle Bag Prices Page.
| The Gabrielle Bags | New Prices | Previous Prices |
| Chanel Gabrielle Small Hobo Bag | $3600 USD | $3200 USD |
| Chanel Gabrielle Hobo Bag | $4000 USD | $3600 USD |
| Chanel Gabrielle Large Hobo Bag | $4400 USD | $4000 USD |
| Chanel Gabrielle Small Purse Bag | est. $3777 USD | $3400 USD |
| Chanel Gabrielle Small Backpack | $3300 USD | $3000 USD |
The Price Differences in Yen
| The Gabrielle Bags | Price Increase in Yen |
| Chanel Gabrielle Small Hobo Bag | $400 USD |
| Chanel Gabrielle Hobo Bag | $400 USD |
| Chanel Gabrielle Large Hobo Bag | $400 USD |
| Chanel Gabrielle Small Purse Bag | $377 USD |
| Chanel Gabrielle Small Backpack | $300 USD |
The Price Differences in %
| The Gabrielle Bags | Price Increase in % |
| Chanel Gabrielle Small Hobo Bag | 11.11% |
| Chanel Gabrielle Hobo Bag | 10% |
| Chanel Gabrielle Large Hobo Bag | 9.09% |
| Chanel Gabrielle Small Purse Bag | 10% |
| Chanel Gabrielle Small Backpack | 9.09% |
Other upcoming classic handbags
Bags like Coco Handle Bag have also been hit by the latest price increase. Currently we have only updated the newest size, the Maxi Coco Handle Bag. The prices of these bags went up in Europe, Hong Kong, Australia, Japan and even in Malaysia.Read more about the
Chanel Coco Handle Bag…
The mini accessories; WOC and Wallets
The Classic Quilted WOC in Japan went up in price as well. The Classic Wallets have also been increased. Both accessories have seen an increase of more than 6%. Some wallets even went as high as 7%+.If you want to check out the latest prices, please go to
WOC Prices Page and the
Classic Wallet Prices Page.
More details
We’ve created two graphs to give you an idea of how aggressive the price increases have been in Japan. Both the iconic Classic Bags and Boy Bags went up significantly and frequently. The last price increase was just in November 2017, so you wouldn’t expect another one that quick. But now the prices went up again in January 2018, in that short amount of time. So if you can get your dream bag, get it as soon as possible. For now, the prices Europe are still the same, but how about tomorrow?
The Small Classic Flap Bag
A few months ago, the bag prices in Europe went up except for the Small Classic Flap Bag. There were some rumors that Chanel was about to discontinue the Small Classic Flap Bag, which must be the reason for the price decrease, because they want to empty their stock. But that wasn’t true at all, because the Small Classic Flap Bag is still here.Now for all the bag hunters and dreamers out there, the Small Classic Flap Bag might jumped ‘a lot’ in prices in the next price increase announcement. Why? Because Japan is the proof.Before November 2017, the price of the Small Classic Flap Bag was ￥523800 JPY (equivalent to $4756 USD). Then on November 2017, out of nowhere, all the bags in Japan went up in prices except for the Small Classic Flap Bag. In fact, the Small Classic Flap Bag decreased in price (yes the word decrease is so scarce at Chanel!). The price went down to ￥514080 JPY (equivalent to $4667 USD). But at per today, the price has jumped again, together with the other classics and went up to ￥551880 JPY (equivalent to $5011 USD).Now that Japan has made as an example, the next price increase will also affect the Small Classic Flap Bag. So get it before it happens.
Is It Cheaper To Buy In the United States Or Japan?
We know that some US citizen travels to Japan to purchase Chanel bags because they’re cheaper there. The fact that they can take advantage of the tax-refund policy reduces the prices, and thus it might be cheaper to buy in Japan. But let’s create an overview, shall we?
Chanel M/L Classic Flap Bag in US and Japan BEFORE THE PRICE INCREASE
What were the prices before the price increase in the US and Japan. Was it cheaper for an US citizen to buy in Japan?
| Retail price USD | Price Japan VAT Excluded |
| $5300 USD | ¥574983 JPY > Convert to USD > $4857 USD |
Chanel M/L Classic Flap Bag in US and Japan AFTER THE PRICE INCREASE
Now let’s see how the prices are as per today. Is it still profitable to buy in Japan?
| Retail price USD | Price Japan VAT Excluded |
| $5300 USD | ¥574983 JPY > Convert to USD > $5220 USD |
As you can see, the price gap between US and Japan has been reduced. Perhaps this is why Chanel decided to increase the prices in Japan – it’s to eliminate this gap.
Is It Cheaper To Buy In the Singapore Or Japan?
Singapore citizen also shop in Japan because it’s cheaper and they can get the tax-refund. But let’s see how it affects the shoppers after the price increase.
Chanel M/L Classic Flap Bag in US and Singapore BEFORE THE PRICE INCREASE
First, let’s see how the prices were before the price increase.
| Retail price USD | Price Singapore VAT Excluded |
| $5300 USD | ¥534985 JPY > Convert to SGD > $6409 SGD |
Chanel M/L Classic Flap Bag in Singapore and Japan AFTER THE PRICE INCREASE
Now let’s see how the prices are as per today. Is it still profitable to shop in Japan?
| Retail price USD | Price Singapore VAT Excluded |
| $5300 USD | ¥574983 JPY > Convert to SGD > $6888 SGD |
Conclusion
It’s still cheaper for Singapore Citizens to buy an iconic Chanel bag in Japan. But if you’re an US citizen, then the discount is much less. So what do you think?All Chanel prices are updated. Go to
Chanel Classic Bag Prices.
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Chanel Price Increase Report Feb 2018
Chanel Price Increase Report Feb 2018