CHANEL 2024 PRICE INCREASE - CONFIRMED U.S. PRICES TAKING EFFECT JANUARY 20, 2024? They haven't yet!
Vložit
- čas přidán 2. 07. 2024
- MBoutique Australia Base Shapers for your luxury bags:
Visit www.etsy.com/shop/MBoutiqueAU
Use code therealshakeen for 10% off your next order
No commission is paid to me for using the discount code.
Zoomoni bag organizers - Use “therealshakeen” for 20% off
The links are information only, some may be affiliate links where specified and I may earn a small commission from the proceeds of that sale, you, however, do not pay extra.
_____________________________________________
Instagram @therealshakeen
_____________________________________________
Thank you for watching!!!
Music Credits:
J a z z by Deoxys Beats | / deoxysbeats1
Music promoted by www.free-stock-music.com
Creative Commons Attribution-ShareAlike 3.0 Unported
creativecommons.org/licenses/...
Logo Credits:
The graphic I used as part of my logo is from an art installation I saw in Dubai "Tiny in Dubai: New Miniature Art Installations" by Slinkachu
You can view the rest of the photographs here weburbanist.com/2016/07/20/ti...
This channel is in partnership with youtube and I earn a very small commission from the ads being displayed. - Jak na to + styl
Well well, just checked the US 🇺🇸 App and there is NO INCREASE (atleast today). This is interesting 🧐 Why have sales associates given confirmed numbers? Still, over $10k USD for a medium is bonkers. Perhaps the increase is for another day? Watching and waiting!
Thanks for sharing! Despite many people not wanting to buy them anymore, it’s still great information. Everyone is just watching and waiting for Chanel’s bubble to burst 🤭
It has to burst one day!
@@therealshakeenI think it’s burst. If you check resale prices they are no longer selling over retail. Maybe the pearl and for some unicorns. These prices 😮
@@4theloveofbags900 oh yeah, I think for a while now, the resale market hasn’t commanded the same profits as it did during lockdowns. The prices are just too high. Maybe those who bought 3-4 years before can sell for a decent markup while still being at an attractive price point to buyers.
@@therealshakeenAgree!!
I already tapped out of Chanel. I’m glad I have the 9 Chanel bags that I bought wayyyyyy cheaper than these ridiculous prices. They are definitely not worth these prices. 😂
I totally agree!
Seriously price of these luxury bags are going out of hand. I bought my classic medium one(? I don't keep track of sizes and names I just bought what I liked) about 15 years ago and good thing I bought it then. I wouldn't pay this much for a bag
Thanks for the update. I'm not looking to buy any of these bags anytime soon but great information for someone who was seriously considering buying one soon. They may look into getting it before the price increase. It looks like the prices have doubled over the past 4 years or so, ridiculous! Despite all these price increases the only bag I may ever consider buying from Chanel mentioned from these is the mini rectangle or mini reissue but no plans to do that this year. I think if someone loves the brand or really wants one of these Chanel bags, they will find a way to get it even if it means cutting spending on other things. Thanks for sharing Xx
So true, people who want one will still buy one at some point.
Chanel sales have reportedly slowed down in the U.S. I would think this price increase would slow down sales even more. I wasn’t even really into the classic flaps. The price increases kind of influenced me and I ended up buying a medium classic flap when it was $6800 USD. I also wonder who buys the classic flaps. Because I don’t really see celebrities photographed with classic flaps. Birkins, yes. But not Chanel classic flaps.
Excellent observation -I don’t really see celebs with classic flaps, either. Maybe seasonal bags, but that’s it.
Yeah, stores are not nearly as busy. They’ve definitely reduced the number of sales and hence, number of clients, in their stores. But still making money due to increases and push to other smaller items. Let’s see!
However, to get the Birkin, you have to bow down to them as if they are God just to buy a bag. I will not jump through hoops just to buy a bag from anyone. They are just as bad as Chanel. I would prefer to buy the Chanel just because Hollywood celebrities aren't wearing it. I find most celebrities to be gross anyway. It's one set of people I don't respect. I am sorry.
I am so glad I tried various Chanel bags through the years. Now that I know myself better and what I prefer, I don't think I will continue to acquire more Chanel bags. Thanks for sharing!! ❤
So happy you found your style! It takes trial and error!
🤯 I have no words…….literally I’m speechless. It’s insane!
I wanna throw up 🤢
I’m so happy I bought all my bags during COVID and am totally priced out of the market. My last Chanel bag was the mini 22. There’s just no justification to buy more bags anymore. It’s just gotten completely incomprehensible
I feel the exact same, Doc! For the last year, I haven’t really had interest in bags since I’ve already got a pretty diverse collection. That XL pink flap swayed me, though 😂
Same here! I bought during covid and now tapped out.
Me as well, I bought the classic during covid n was thinking to sell it. Luckily I didn't.
But I sold my 22 bag medium size
Same me and now I’m Done with Chanel bag just missing medium old boy bag
Disclaimer: these are confirmed US prices I was told. However, I don’t hold a crystal ball and there is a slight possibility that this could be inaccurate.
Thanks for the update! ❤️ I have enough Chanel CF to last me a lifetime and don't need any more. I've also just successfully sold half of the stock. Bought everything out of FOMO. I'm over FOMO thankfully. 😅
Yeah, same here - I can say I only have a teeny bit of fomo left, just a teeny bit. Otherwise I’m good!
I have a Chanel Classic Double Flap ‘problem’….i just love them, always have, always will….unfortunately these price increases won’t matter at the end of the day….☠️
Haha 😂
People who want them will still buy!
I love my double flaps as well. I have all the colours I could imagine wearing. The yellow was my missing piece and glad that colour released then!
Super helpful and informative, thank you.
Glad it was helpful!
Thank you for this informative presentation. ❤
Haha I felt like I was doing a conference/ school presentation
Great video! I’ve wanted a jumbo and just never focused on it. At that price for the US plus tax, the preloved market seems more feasible.
I do think that the clientele will decrease for Chanel. Too, like you said, it doesn’t seem as popular like it was. 🤔
Yes, I think jumbos are still better bought off the resale market - before they get super popular again!
Yeah, they are definitely filtering out a lot of clients - wanted less clients in boutiques, yet still make similar amount of profit.
Thank you for sharing the video. I agree those prices are insane! I was hoping to add another small CF to my collection but I don't think I can any longer afford >.< My first jumbo was $2650 and I missed those days. I think it's time for me to enjoy what I have.
Thanks for watching! Wow! $2650!!! You must have been flabbergasted even by the prices prior to 2020! It’s very hard to accept these prices. Across all brands, too!
Thank you for video ❤️👍🙏
Glad you found it informative!
Omg this is nuts! What about non-classic bags or season bags? Do you know if those were affected and by how much?
It really is! Typically these wouldn’t affect seasonal styles. But I haven’t heard anything for coco handles and trendys- I think those got hit last time.
I enjoy these videos for the humor of it all. I just want that burst
Chanel’s pricing since 2020 is out of control. And sadly, other brands like YSL & Dior have also increased their prices as well. I think overall, people will start to steer away from luxury accessories. Let’s see!
It would moreso happen early March and/ or September. That seems to be the trend whenever they have an increase
Yes, that's what I was wondering. Interesting how it was announced by some SAs.
These prices are wild!
I know! Crazy!
I am glad I have all the Chanel bags I need. I bought most of mine during Covid time. I would never buy at today's prices. It is an insult to our money even if we can afford them. When I go to Saks, I have avoided walking into Chanel for over a year (just done with them!). I have no idea what they are doing. You are correct that the younger generation is not going to want to buy these bags as well. They are more into experiences and vacations than luxury goods (this is how my daughter feels anyway)!
I’m in the same boat - except I still to walk into chanel 😂 Not specifically looking for bags, but more so ready to wear and other accessories that are better priced.
Oh yes! Experiences! Plus no one can rob you of experiences!
Now a lot people buy fake Chanel bag they look like the real one too let they increase the price !
That’s true
The only thing I want from Chanel is a WOC to complete my collection but after that, I’m done! They have literally lost their minds with these increases 😒🤦🏾♀️
They must be smoking something 😮💨 😂
I would love a 19 but you are right!!!
Hi ! It could be even worse for Canadian because of the weakeness of your money against the USD. If you simply convert the futur US prices the percentages (and so the prices) might be even higher ... you know that Chanel likes nothing more than price harmonization except maybe price increase 😅
Good point! It flips around. Sometimes it’s slightly cheaper in Canada. Sometimes it’s slightly more.
everything is outrageously priced nowadays,there are still few goodies that i want from Chanel,i only buy bags from them, i dont buy goods left and right from other brands ,i am that type who don’t impulse buy,i think twice ,many times before getting an item,so i think i am still good.❤️
It’s good to be focused and take your time!
@@therealshakeen yes because money doesn’t grow on trees.❤️
I just checked Chanel official website. The bags are not showing the increased prices that you mentioned on this video.
Yes, check the community post I put up today. It didn’t go live!
its crazy prices...
I know right?
Do you know if the WOC's and or other bags (22, 19) will also increase ?
I haven’t heard! Maybe they’ll be spared!
@@therealshakeen it's crazy there is not a big savings if you buy Chanel
in France. I'm grateful I have a classic flap and a mini reissue. I would still love a WOC at some point. It seems very practical.
@@annaaraman2854 the woc has definitely gone up a lot! But it’s quite useful. I think you’ve got the dream combo though! Medium classic and mini reissue! 🤌🏼🤌🏼🤌🏼👌🏼👌🏼👌🏼
i appreciate the industry update eventho im not buying!
Always good to get an update!
I personally stopped buying Chanel several price increases ago. Probably 2019. However, someone must still be buying otherwise the price increases wouldn’t still be happening. Prices stabilize when supply and demand are equal. So either they are holding supply back to create scarcity or someone is buying.
There are definitely people buying. Albeit, less. Less clients in the stores, but each one buying in the place of two or three. But it looks as though most clients are buying seasonal bags, SLGs, shoes and accessories. Perhaps Chanel wants to segregate groups of clients - A larger group “Aspirational” clients who will buy small (yet pricey) accessories and shoes and a smaller group who will buy clothing and jewellery. They are the ones calling the shots and making billions. I guess they’re onto something. Who knows!
Keep increasing the prices Chanel but don’t pay attention to improving your quality! I am so over it!
It’s outrageous. Especially with the classics. Maaaaybee seasonal bags will still be ok, but that’s a big “maybe”
I bet this is how clients who bought these bags back in the 90s felt with the prices my generation bought at in the 2010s.
Chanel and all the luxury fashion houses are out of their freaking minds!!!!
I agree. Because of their price increases, other brands have followed.
Absolutely not. For these prices you can buy Hermes, and their quality is not absolute trash. Perhaps that is their goal, to be at Hermes’ level? It’s wild.
I know - I think they don’t want to give in to using Hermes’s scarcity strategy. Chanel is just bumping prices. Not quite sure what their end goal is!
But that’s the thing…you can’t just buy Hermes. You have to take into account the thousands in pre-spend and maybe not get offered a bag even then.
No, for double this prices you can buy Hermes as prespend is required, after begging for a bag and waiting for a long time.
@@nandiaconstantinou8181 this is very true. And when brands like Chanel and Dior increase their prices, more and more clients will turn to Hermes to play the game. This results in more people competing, more spending on unnecessary bait items, etc, and people having to jump through more hoops to get a bag.
@@nandiaconstantinou8181 depends on the SA and what the location receives as well. It’s not always a crazy pre-spend. Also, the quality is not comparable. Chanel has been going downhill for a while now.
Confirmed prices by whom? I’m curious because it’s weird that some SAs spread fake news as no increase took place.
So these were figures given from a few sales associates in the US. I usually wait to see if they actually happen, which the likely do. I am surprised myself that they would spread this fake news - a lot of other people also reported this on Social Media. Let's see, maybe it's yet to happen. But, the prices are already so ludicrous, all I can do is laugh.
It’s sad but I will still be buying. 😢 I have small leather goods. And I will own a classic flap one day. I have to travel to get to any boutique.
Exactly. I feel like people who are throwing in the towel on classics, like myself, are those that already have one. But, there will always be people who still want one no matter what and will have to pay these prices. Hope you get yours soon!
Still no increase do you know when the increase will come?
So I heard end of March?
My fomo during covid was worth it. I have no plan of buying more
Same here!
Thanks for the info. I like Chanel but will not be buying any. It will be a replica if I think I ever need one. Why is Canada so much more than the States ?
The Canadian dollar is worth less than the US dollar. That’s why. For sure, these prices will further boost the counterfeit market.
Come to Oregon, USA & visit me, we have NO sales tax 😊. On another note, I would think the boy would become popular as it hasn’t increased like crazy and also in the resell market they are priced way below retail. Shocks me, they are not the it bag again. I was priced out CFs in 2022. They only got me with the travel flap lol. I want another 19, 2 CFs: green & blue. But I’ll see how the resell market does. As I’ve noticed the moment they increase, all these old bags get priced the same or close to the new price 🙄
I’ll take you up on the Oregon and no tax! Lol. I’d get hit with customs though 😞
Same, that XL flap got me. Otherwise I was pretty good in the bag department.
Good insight on the boy! I find the “cheaper” bags go more viral - but moreso if the range is below $5k.
@@therealshakeen oh dang, really customs, booo. I love my boy but can understand why he’s not popular. I only have 1 lol.
Geez. Who’s affording these bags anymore? So glad to own what I do and use and enjoy them. Kinda freaks me out that I’m carrying a bag that’s over 12k🥺
I’ve been out of the Chanel market for awhile now, would rather buy Jewelry for this kind of money !!
Jewelry is definitely a better investment to n your wardrobe since you’d likely wear it more often. Looking at these current prices kinda freaks me out as well to be carrying these bags around.
Listen the site has been down all morning
I heard! Someone asked me yesterday why the site was down. Who knows!
That date of price increase is false. The price haven’t increased yet in United States.
Yes, see description, comment section and follow up video.
They’re now saying end of this month
@@therealshakeen thanks. Do you have the dates of price increase for 2023, 2022, and 2021?
@@sw33tfr0styy oh that’s a good question. I don’t remember specifically, but typically they’d happen around the cruise launch. Then they can have currency adjustments in the new year. Definitely one before the spring collection.
Channel and other luxury brands are supposed to be exclusive. They’re just continuing that old age model. They don’t want their products to trend or be accessible. If you aren’t extremely rich, unfortunately (and systematically) they aren’t for you.
You are 100% correct! But even those who can easily afford these bags are looking at these prices in shock, mainly 'cause they bought the same bags, better quality, years prior for a lot less. Chanel has also produced teeny tiny cardholders on chains as toy bags with an "affordable" price point to attract aspirational clients.
What they are doing though, is reducing the number of clients in their store while profiting the same. It'll be interesting to see where all this ends up.
Ok so now the Chanel classic flap is more than a Birkin.....that's a little ridiculous.....NO WAY are they worth that!!
And what makes a birkin worth it beside it looking like a grandma bag
lol no bag is worth this amount, that’s for sure!
It is baffling. These bags do not cost a lot of money to make so Chanel is straight up greedy and alienating their buyers by doing this every year. They look ridiculous and therefore we look ridiculous spending this much!
I agree! It's always been like this, it's just the numbers are getting out of hand. And it's too bad since other brands are also starting to do the same.
@@therealshakeen this is true and it's all about getting things on sale now if it's possible. 20 to 40% off will reduce the prices to fairer standard. Consumers have power to affect sales and tell the brands to reign in their increases by affecting their profits.
No ma’am, I will not be buying. These prices are way too expensive for 99% of the population.
I hear you! It’s a circus 🤡 at this point.
I legitimately do not understand… they must not anyone to want their bags anymore. Alienate all current customers who remember old prices and start new with the gen z-ers who will come into money in a decade
Ah, that is a good point. I guess there will be some gen z-ers who inherit these bags from Gen X, some gen z-ers who will actually make a lot of money and buy new from boutique, some gen z-ers who won't ever afford and will opt for super fakes, and some gen z-ers who will just not be bothered by luxury.
I'm priced out of Chanel. I'm not a big Chanel bag person, I prefer Hermes bags. The only bag I've ever wanted is the small 255, black, PHW because of the history of the bag. I prefer to buy from the boutique but even if I ignore all the bad leather controversy I haven't been able to get one from the boutique! Poor customer service, poor leather, crazy prices....I'm out.
Ugh I’m sorry you haven’t had a good in store experience! You’d probably be better off purchased pre-owned. The resale price of reissues is lower than classics. Plus, you’d probably get an older bag from when the leather was good. I love the reissue. I have the maxi size and mini and enjoy them.
Chanel want sell less and profit the same. So filter out those truly can’t efforts it, exactly the way Chanel heading. Sad !!!
Exactly! They want fewer clients!
You are great, but this increase is disgusting.
Thank you! Yeah, the last couple of increases make me want to hurl 🤢
Wow that's just crazy. lol
Yup! Madness!
nuts! haha
Yup! Its laughable at this point
The answer to your question is Hell No. I won’t be buying anymore Chanel classic bags. Although I can afford them I will be enjoying other brands like I always have. Thanks 😊
Thanks for sharing!