Chanel prices for the Classic Flap Bag increase at an average 15% percent per year, which means that the bag you bought 5 years ago, is now a lot more expensive! We've come a long way since 1955 (when a Chanel bag was just €199) and it seems like Chanel won't be halting their annual price changes anytime soon. 2016 will yet again see a new price for our favorite Chanel pieces.
Chanel price increase 2016
As for 2016, the prices haven't increased yet, but this is only a matter of time. In the United Kingdom the price of the medium/large Classic Flap bag has increased from £3075 GBP to £3380 GBP. Which means that the other European countries will follow shortly. If we asumme that prices will go up on the same scale as the British market, the price increase will be around 10 percent.
Want to know know more?
Want to know more about the rise of Chanel prices? Read our extensive article in which we explain why Chanel keeps raising their prices and how the market has been evolving since the birth of the Classic Flap in 1955.