Prices have increased yet again today (1st Feb 2012) for the Chanel Classic Flap 2.55. One really has to marvel at the fact that the price increase on a Chanel will by no means dampen the demand for these babies. Why? Well if you are asking then you probably either a) don't own one b) don't want one.
Ever since I bought my first Chanel roughly about a year ago, my ever lingering Chanel itch revived itself this month and has metamorphosed into a Black Jumbo Lambskin with gold hardware. With a steep hike of between 11-15% (ouch!), I really wonder if the price point of a Classic Flap will match the Hermes Birkin or Kelly in five to ten years.
My sources tell me that they are unsure if the prices will go up again in 6 months so if you are considering getting one, you should probably do it before May/June. Below are the prices for the Classic Flap in Sydney, London (Heathrow Airport without 20% tax) and New York.
Pricing as at 31st Jan 2012
Classic Flap Medium/ Large: Sydney AU$4650, London HA £2225, New York US$3900
Classic Flap Jumbo: Sydney AU$5080, London HA £2479, New York US$4300
Classic Flap Jumbo Maxi: Sydney AU$5470, London HA £2691, New York US$4700
NEW Pricing as at 1st Feb 2012
Classic Flap Medium/ Large: Sydney AU$5290, London HA £2225, New York US$4400
Classic Flap Jumbo: Sydney AU$5890, London HA £2479, New York US$4800
Classic Flap Jumbo Maxi: Sydney AU$6400, London HA £2691, New York US$5200
That's right, London HA's prices are staying the same. I have been told that they won't be reviewing their prices for another 6 months. Time to book that trip! Too steep? Here are some options that rock!
For more current pricing on the new Chanel Fall-Winter 2013/14 Collection, check out my new post!