2022 Chanel Price Increase in January

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 reliable Chanel rumor mill, which has been verified by sales associates around the country, is sharing the news of Chanel’s upcoming 2022 price increase. The date of the increase is set to coincide with the launch of 22P collections, which will take place on the 18th of January. 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 Classic Flaps, 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 WOC, Coco Handle, Chanel 19, Boy Bag, and, unfortunately, the highly coveted and popular Mini Flaps.

The Mini Flaps will only see a relatively small increase of 4-5%, while the Coco Handle styles will see a significant spike of almost 12%.

The prices we have received so far have come from forum members who spoke with their sales associates and are listed below. Stay tuned for more information, and as always, check the Chanel Price Increase thread on PurseForum for the latest rumors and information!

Style Current Price New Price % Increase
Chanel Classic Mini Square Flap Bag $4,200 $4,400 4.8%
Chanel Classic Mini Rectangular Flap Bag $4,400 $4,600 4.5%
Classic Wallet-On-Chain WOC $2,950 $3,150 6.8%
Mini Coco Handle $4,300 $4,800 11.6%
Small Coco Handle $4,600 $5,100 10.9%
Medium Coco Handle $5,000 $5,500 10%

Recent Price Increase History

In the last 12 months, Chanel increased their prices already 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%.

A mere 6 months later, July 2021 dropped the hammer with 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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