Chanel Pricing: Up, Down or Unchanged

November 9, 2011 by Lila Delilah

We have heard several rumors and fielded many email about a November Chanel price hike. We called around to the department stores and got the usual mixed messages. (Pushy sales people always like pushing a sale based on a foreboding price hike.)

This time we reached out to the big guns for official comment because even a 10% price hike can be several hundred dollars. So the official word is …drum roll please…

“Chanel has no plans to increase prices for the time being, even if we regularly adjust our prices in line with changes in styles, production costs, materials and volatile exchange rates, similarly to other top luxury brands.”

After breathing a sigh of relief we have to float a question to our readers: What do you think is meant by adjusting prices similarly to other top luxury brands? We have our theories but would love to hear what you have to say.

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