Yes, I am feeling this feeling of almost guilt....... I haven't in the past. I was proud to wear a Chanel bag because of the fashion house but now the fashion house doesn't really stand for what Coco Chanel envisioned...I read that she wanted to inspire people to live freely and promote each other, Coco never intended to make her bags and accessories exclusive....now the brand is only in the rat race for money. The elites responses must never have read the definition of the term....or they should possibly be embarrassed to define themselves as elite. It's not a positive attribute folks....Elites, a select group that is superior in terms of ability or qualities to the rest of a group or society. That is definitely NOT what Coco Chanel envisioned.
They’ve become a huge joke, dig a bit deeper (many platforms are being roasted and dissected). Designer allegiance is such a problematic position given the state of the world and the suffering of people and the environment. Humility will eventually be given its rightful place in the social media sphere (humility combined with social media clout = oil and water but dumpster fire worthy).
Everytime I take my chanel out with the double Cs, I get stares from everyone. It made me really self conscious. This used not to happen to me in the mid-2000s. Now the price of the bags have enticed a lot of envy from people and make you a target for thieves. They are more like liabilities. They were better when they were only around 2000 USD. That is what they are really worth, logo and all.
Agreed. I feel the same way. The tone of many rooms has definitely gotten colder when I wear my black small CF. I have worn my CF with the logo inward when walking to a show in my local downtown, but I don't even want to do that anymore. Too many opportunists everywhere looking for an easy mark. Chanel is making it very clear they don't want the people who save/budget for their bags. They want the people who can drop coin in a heartbeat, and in doing so have changed their legacy for the worst IMO.
so true. I have the medium black caviar flap. I live in NYC and have house keys and car keys and phone and money and some makeup...I can't even use it. It holds nothing for me unless I am going in an uber from a hotel. I agree with the embarrassement wearing this bag with the cost and I feel like a target.
just read this "In a November 12, 2021, release posted on Twitter, the Los Angeles Police Department (LAPD) said its Robbery Homicide Division (RHD) had identified more than 110 such incidents. “In this trend, detectives noted that victims were being followed from such places like Melrose Avenue, the Jewelry District of Los Angeles, high-end restaurants and nightclubs from Hollywood and Wilshire Area. Victims were being targeted based on the jewelry they were wearing and/or the car they were driving.” scary stuff
Yes PB PB, that was happening a lot in LA in that time and I reported about it back then but this is still happening today and even more now. Very sad.
The thing that sucks is I’ve only in recent years been earning enough to have Chanel be attainable for me at all. So I feel I need to get my fill now (though for quality concerns I have sourced quite a few from the preloved market). I’m not sure I see myself as a long term customer though, you’re absolutely right.
@@SuperDacob it really is a shame. They’re crossing from exclusivity into absurdity. If it’s gonna cost this much, at let it be good… anything less is an insult.
I feel the same about wearing them. I feel it's become so exuberant that it's as if I'm asking for attention, when I'm not. Or like I'm trying to display some form of wealth or status. Yes, they're nice bags, and I like that they're of luxury status, but it's becoming BEYOND.
I completely agree Danie. I got my small timeless classic when it was around 3k. Still a lot but now its 9k and going up so if I wear my small timeless classic today, it will look like I accepted to pay 9k for it and thats something I don’t want to give chanel! I don’t want to give them that promotion when out and about. By wearing this bag when out and about I don’t want to signal to other people around me that it is normal to pay that money for bags that are not even worth that money and who’s quality is not as good anymore. I don’t want to feed into the legitimization of such pricing strategies. Chanel is probably hoping for all the people who bought their bags ten years ago to still wear them now, making it appear as if everybody bought their bags for 10k plus and that its totally fine to spend that kind of money on inferior quality products. Its insanity in my opinion. And lets not even talk about the amount of pictures people send me each day of their newly purchased timeless classics with flaws and peeling and chipping of paint and glazing. It just really feels like a scam at this point to buy these bags. And when it starts to feel like a scam to me, I immediately stop buying the products.
@@SuperDacob Exactly. Even if I had "all the money that I wanted" I still wouldn't buy anything new from Chanel. It's just a major turn off, all of it. So many of the new designs look cheap, the quality is awful and then everything being overhyped on top of it all. I just don't want to be seen as part of that club, it makes me look stupid when I'm not. I usually don't even care what people think but it's the whole tackiness/vulgarity of it all that taints the brand and then reflects back on me. "If you know you know" and I know that my bags are hard to find preloved items of excellent quality so I don't feel bad about that but the thought of being associated with all this, that people assume my bags are fake, peeling etc, that's not the feeling I want when I'm paying for luxury! I will complete my (small) Chanel-collection with two more preloved items (if I can find them in great condition and not too crazy prices) then I'm out for good.
This makes me so very sad.I am 46 years old and have only begun to be able to afford Chanel bags starting in my late 30s and early 40s. I have to be very strategic about my finances and plan way in advance to buy a classic flap. It used to be that while I would have to save for it, it was exciting and considered a treat for myself. Now it is impossible and no longer a treat - it induces so much stress. And I don't mean financial stress, I'm talking about stress just from owning it. If anything ever happens to my classic flaps, reissue, or mini, I would never be able to replace them at the prices they are now. So, this makes me very scared to use them, which defeats the purposes of owning them. I also feel like I can't wear them out with friends because they are so over price, and most of my friends can't afford them, so I don't want to make them feel a certain way... either jealous or possibly judge me for owning them! I will treasure what I have, but sadly it's not fun anymore!
$5000 for a mini denim bag 😂😂😂😂 "A fool and her money are soon parted." I bought my gorgeous denim Ophidia tote from Gucci less than two years ago -- it was $1350 and worth it to me.
Is it true that Chanel uses Bonded leather rather than genuine leather for most of their bags? All of their mini flaps I’ve seen in person felt pretty cheap and that would explain it…
@@SuperDacob Do you know if Europe will also be increasing their Les Exclusifs as well this year in 2023, or will they stay the same in Europe only? Is the increase done first in the U.S.?
I'm glad you are covering the price increase. That can help anyone who has been thinking about purchasing a Chanel bag. I'm very disappointed in this price increase, I love Chanel classic flap bags. I probably will be looking at the other Chanel bags that still have a look of classic but not this outrageous price. Hermes has great quality but I only really like the Birkin and the Kelly bags. I do not like the way Hermes treats their customers though.
I hear ya Lori. There are really tough times for us bag lovers and chanel lovers. I would have never thought that the brand would actually become so greedy that they would make me feel uncomfortable to wear their double ac logo bags and yet here we are… it has happened…
It's not even about whether you can afford it or can't at this point, it's about their greed since the quality is really bad now. If you still buy a new Chanel bag from the boutique, I'd question your sanity.
I am wondering if they are increasing prices to make up for less sales? I don’t think they share total units sold in their financial projections to tell if that is the driver for these large increases.
Dacob definitely don’t sell your Chanel bags. Forget that they are Chanel and remember what you love about them. The soft squishy leather, lovely turn locks, gorgeous chain straps etc. Fair enough don’t buy any more new products until quality improves but still enjoy what you’ve got. ❤
I agree with this. We can’t control what Chanel does, and it’s not worthy feeling guilty for something they do. If you like the design, it goes with your style, wear it.
What annoys me is that owning a classic flap uses to be like a milestone that you save up for but now its like by the time u saved up enough its went up twice again… also virginies chanel is so uninspired I dont want to support the mediocrity
Hard same. Thank you for being so vocal about the ridic price increases. We wear these bags bc they bring us joy, but can they even do that anymore when so many people are struggling to get by? In 2019, I budgeted for my one-and-only vintage small lambskin CF and black caviar card case. From then to now, I've only felt comfortable wearing it to special evening events and dinners. On the flipside, my pre-loved tan mini calfskin Loewe puzzle bag has gotten almost daily wear and has gone on all my trips. It's incredibly well-made and hard-wearing, and I love that low-key luxe vibe. Both bags give me a thrill when I wear them, but the way Chanel has raised their prices has reaffirmed my feeling that my CF will be my one-and-only Chanel for the foreseeable future.
I agree Mari and it just feels like when I wear their double C logo bags, its as if I were condoning their current prices and I am most certainly not. Its just insane. The brand actually made me feel uncomfortable to wear the bags I bought from them in the past years. So sad.
The Jumbo used to be my dream bag. It got removed from my wish list with all the price increases. I wouldn't feel comfortable wearing it even if I could afford it because of safety concerns.
At this point they cant be serious anymore. Who is still walking around freely with their Chanel on the arm, without getting stares & talks about 'it must be fake then', cause in today's world you can't wear a Chanel Classic casually, cause it's not really attainable anymore. I wear my bags, very casually but the last 2-2,5years i have been getting stares, looks, Whispers (it must be fake, cause they are now so ridiculous'ly expensive) & being looked at as a target. I have been putting mine in my canvas shopping bag or under my coat just because i dont want to get mugged 😮. Have a 60-40 new to vintage ratio of Chanels but have been slowly replacing my 'new' ones. Everytime i want to take out my 'new' ones i feel like i have to be so careful-attentive the whole day (for reasons mentioned) that i refrain from reaching for them. 😒 I also feel like a phony, like you said, like you lost touch with today's economic climate.
@@SuperDacob it is not fun anymore indeed. Its a pitty cause Chanel is such a fun brand & has a jois de vivre. But i don't want to blind people with me being fortunate. I think they are really going to regret hiking up the prices again. Especially in Europe.
A loud “YES” to not wanting to carry Chanel!! I do agree with the main comment you read out: Chanel used to be a good daily bag, elevated yes, but still wearable. It has now way surpassed the Hermes prices and even wearing a Birkin wouldn’t be considered so “loud”. The price tag now is totally unjustifiable for that type of bag (considering product cost, labour, production etc) that it has become almost a joke wearing one: you’re an idiot in the eyes of the people on the streets. As much as I don’t care about what people think in general , one think I can’t get past is being insensitive and sadly yes, Chanel has lost their charm with this move.
Jumbo is now price upon request in the UK. I used to work at Harrods and we’d hear on a near daily basis about people getting robbed or having a near miss. My mum has a classic and while she thinks it’s a beauty, she seldom wears it now for fear of getting robbed
@@fatinak291 just that the price can’t be seen online anymore, happened to the maxi a while back. Will be interesting to see if it happens to the medium
Correct, the maxi and jumbos are now both listed on the chanel website as price upon request but if you look at the seasonal jumbos, the price is still visible and its the same price as the carry over jumbos in lambskin or caviar… but that will change soon too and I think they will take the prices of all jumbos offline soon.
Some great points in the comments and it is a little bit showy. I agree with you. But if I sell my classic flap, I’ll never be able to afford to buy it back
we should check our insurance to see amounts paid out on bags, may require specialized coverage for Chanel bags especially classics given price increases, everyone's insurance is different but worth checking!
Hahaha you read my comment from the PB! I feel famous 😎 The car-like price of Chanel applies of course to Hermes too. I bought Birkin 30 in a price that I kind of thought was ok (kind of as it's never ok to pay 7k EUR lol). But as I've never used it and it's full package and special order in desired colours, it's now worth 20k EUR (- fees). I can't get myself to wear it. Same with Chanel flaps (coming back to the topic of this video), luckily I don't own any at this point.
The PB forum comment thread under the article was awesome. Thank you so much for contributing to the community Magdalena 🥰🙏🏻💖 I totally understand your point. Its like now we feel uncomfortable wearing these bags but also selling them is risky cuz of fraud buyers and its just such a hassle honestly.
I stopped buying Chanel from the boutique since 2016. I only bought 2. A jumbo and a mini. I thought the price back then was already steep. The rest of the Chanel I own are vintage. I got them when vintage wasn’t as in demand. My vintage Chanel’s are also my favorite.
At a restaurant the other day, I was dealing with a waiter who seem fixated in my Chanel bag. "Is that new?", she asked in reference to my purple small flap. Then proceeded to give me terrible service for the rest of the evening. I was hated on for my Chanel bag. This girl is probably working for minimum wage (plus tips) and here I am sitting at a table with a bag that probably cost her 745 hours of work (no tax included). I get it.
😢wow. I purchased a Chanel Maxi Jumbo in 2014… we paid $5800 then… I just purchased a medium boy bag for $5800… you right this ain’t it…. I wanted the medium 2.55 bag… the price almost made me vomit. I told my husband no…. Chanel has changed over the years… the complications, price increases and their sale tactics are ughhhh…. I have a Birkin 25 bag and it’s not practical… it’s almost like you need an alarm system to walk around with designer handbags…. I feel the same way you do… I’m over it now…. All of this made me want to be a minimalist!
I feel you Brooke. I am on the same page. Most of these higher end luxury brands have become so arrogant and entitled with their marketing and pricing strategies that it has alienated me completely. Not just because they are way overpriced now but with low quality as opposed to the past but also because now it literally grosses me out to wear their logo bags. I don’t like their greed and I don’t like how it all now feels like a scam if you buy into their stuff. I don’t condone it so I feel really uncomfortable wearing their logo bags out and about. Its really sad cuz they literally did it to themselves. Its like shooting yourself in the foot… I really want to know if they truly believe that this strategy is clever long term for their business?
@@SuperDacob That is an interesting question. I guess we have to wait and see what their 3rd and 4th quarter earnings reports reveal. The inflation and cost of other necessities prices are increasing. We will wait and see if this take a hit on the buyers that want it but made one to many sacrifices. I’ve been doing a lot of business with Celine. OMG. They are not pushy nor do they have a buy it now think later attitude. I think I needed this Luxury Bag wake up. It could be a sign from handbag heaven….
I bought my Jumbo for $4500. I agree I’m em Atree to wear it now as the prices are insane and feel I make myself a target especially in the country I live as they are not very common here
Yeah even with luxury RUclipsrs they’re buying seasonal bags, preloved or moving to Hermes. It’s been a while since I’ve seen classic flap unboxings from the store from a lot of people
They are just not interesting anymore. The way the brand pushes itself so aggressively forward with price increases has alienated me because I feel like they behave like spoiled brats thinking they can keep greedily keep pushing prices higher and higher without bettering their service or quality. It also feels like they think their clients are so dumb and that they will keep buying despite what now feels like a scam pricing. Just my opinion.
They want to outprice the “average “ person & make their brand even more elitist and unattainable like Hermes. I retired early and bought a jumbo double flap. Now, I’m not so sure I’m proud to carry this bag after lusting after it for so long. I’m coveting quiet luxury now that I’ve achieved my financial success.
Furla for example has Chanel trendy dupes. I'd rather wear those since there's a much lower robbery risk going to London. I think dupes also factor in since luxury inspired stuff has taken off.
Not as much and their makeup is for the most part wonderful quality. I wear their makeup and creams all the time since years. Love it. Their leather bags however… current quality is not good in my opinion.
I one thousand agree with the comment you mentioned. In this recession I feel embarrassed wearing my Chanel flap when it now seems like a huge in your face. I’ve been more attracted to the original flap or bags with no logo
I live in a resort area where luxury bags are pretty common and muggings are non-existent so I feel quite normal using my bag. In this area, no one is going to think it is fake either. I just love the history of the brand. I am grateful I can finally afford silly money purchases, as I call them. Should I be helping others instead? I did, for forty years. Now I am giving myself some love.
Wonderful insights and empathy as always! What a shining star. Also sitting on many and not interested in wearing them. Although I am finding the market dead currently to sell. Catch 22
Thank you Cathy 🥹🙏🏻💖 I feel you. I am looking at my cc bags and it makes me sad cuz I really do not feel comfortable wearing them out anymore. I just don’t like what the brand has become. It feels like a scam at this point to me. Really sad about this and I hope things will change for the better.
It’s crazy and the demand is still super high :( Dior has also increased …. I shud be spending my Money traveling this year since it seems to be cheaper than luxury goods 😂😂😂😂
I love my bags, but I am embarrassed or weary to wear in public- which is the function of the bag. I put it under my coat or in my nylon tote bag. What a shame, but I will still use the bags I have.
this is the first time I'm getting more relaxed about wearing a superfake, snapped and got one years ago, went outside with it once and got so many stares I wasn't feeling confortable with the idea of people maybe questionning if it's fake (knowing it was fake this is how i interpreted the stares instead of people staring at it cause it's nice) even though I knew no one would be able to call me out on the spot. Never used it ever again cause it wasn't making me feel good. Now, I wouldn't have been able to afford the real deal years ago and it's getting further and further away from me owning one ever because even if I somehow make it financially I don't think I'd be ok with spending that much on a bag, first and foremost, a bag that will put me at risk of being robbed, not to mention I have a strathberry bag that I love and I don't use it either because I feel like I have to baby this bag everytime I go outside so I only take it out for weddings or fancy affairs. Point: I might use my superfake boy bag and not care at all if it scratches + people can't tell the difference especially now that the quality of the real one is going downhill + even if I ever have the money to afford a real one I won't cause it's way too much money. Way to go channel.
I only own one recent Chanel and it is my beautiful Boy. Will never part with it but will pick and choose where I wear him/her. My other piece is vintage and I will probably continue down the vintage road. The vintage prices have really increased as well but I like that they are from the time when the fashion house was more grounded in tradition and quality. I love the vintage quality and that gold plated hardware. I still love the history of the brand and almost see current Chanel as almost a different brand from the Chanel of thirty years ago…if that makes sense.
@@SuperDacob I totally under what you were saying about feeling tone deaf by continuing to wear your beauties, but don’t sell them Dacob! You have a history with them…just wait it out. It’s none of my business, so obviously it’s take it or leave it advice. I’d just had to see you do that and regret it because of the stories that go with each when of your bags. Ok….Judy OUT! LOL
I have been reaching less for my bags … I also feel that way Dacob I feel uncomfortable wearing the C C out, I currently have 2 reissues that I have been wearing more instead. 💕
Thats exactly how I have been feeling too Celia. I cannot bring myself to take my double C logo bags out anymore. Cuz now I don’t condone what they stand for anymore.
The way you say “don’t do it” with the z’s, I said that to my 11 month old baby and he was cracking up 😂 I look at him and say “zon’t zo it” he finds it so funny lol I love him so much ❤
I used to use my Chanel bags for work. I find myself not wearing them for work any more. I wear them for evening work events and dinner. However, for work, I will not wear my bags. I feel guilty for wearing them. I couldn't agree more....
Sorry my hand slipped. I sold two of my chanels years ago and kept two. I got the bags 25 years ago I'm over them years ago. The bags are not great quality. I normally wear understated bags. I don't feel save with the lux bags in some circles.some people judge very harshly unfortunately.
Les Exclusives are gone up by 50€ per big bottle. I was yesterday invited by Chanel to a perfume Masterclass. I have to say: People who are working in Chanel Make-up boutiques are far nicer than in the fashion boutique. It was a really nice event and I’ve learned a lot about Coco Chanel, Grasse and Olivier Polge. It was amazing. I’m willing to spend my money here. But not for fashion anymore. Nice video Dacob!❤
Thanks Tim 🙏🏻💖 The drastic 16% price increase is not warranted in my opinion and it puts me off the brand. No matter how nice the SAs are at the beauty boutiques. Upping the prices of their 200ml les exclusifs bottles from 330 to 380 euro per bottle is way too much and I feel they only did it to keep their prices close to the prices of their direct competition like Hermes hermessence fragrances, LV fragrances and Dior collection privee fragrances. Compare the prices of their 200ml perfume offerings and you will be surprised. They all cost basically the same amount for each brand. Its like a mafia deciding together how to dominate the market. Not cool. Exception for Dior cuz they have the 250ml bottles for 380 euro but their next price increase is just days away so they will also equal their prices to the others. Its ridiculous.
I bought my chanel medium classic flap in 2020 for $6500 and to date its my most expensive handbag/luxury item. Now seeing that this bag is going for $10.2k USD is making me feel so self conscious/unsafe about wearing it 😭 what is going onnnn
It’s ridiculous. I’ll only ever purchase the 2.55 and silent luxury going forward luckily it’s the only Chanel bag I’d wear and want. However, I’m finding luxury tiring, overwhelming and stressful compared to pre-covid. Too many new items, colours, designs, constant price increases, nothing new seems timeless anymore, customer service can be poor, stock shortages, and over saturation of bags in the market. This price increase has made wearing and owning Chanel stressful, unsafe, insensitive and vulgar as we head into tough economic period.
This is how Burberry suffered in the early 2000s. Genuine lovers of the brand’s famous plaid became too embarrassed to wear it due to the connotations of it being a favoured print - albeit often faked - of those from a lower socio-economic background. It took around 15 years to recover. People who are aware that we are entering a global, economic crisis are now feeling it’s vulgar to wear the double C logo so freely because it’s akin to hanging $8-10,000 off your shoulder when we see others are struggling. Keep hold of your goodies, Dacob, their time to shine will come again. The 60s were swinging, the 70s bleak, the 80s hedonistic, the 90s grungy, the past 20yrs have been good for many so ride it out and keep what you love to wear again. It all comes around again.
Thank you Urban Gypsy 🙏🏻🥹💖 I just wonder how it can come around again with the prices they charge? I love the chanel bags I own but their pricing will not go down… they will keep increasing prices so the bags will keep costing more and more and it can just get worse and less and less people will buy their stuff. How could they possibly think this is a good strategy for them for the future? The inflation rate is not going up that fast as they are upping their prices. So at this rate their classic double flap bags will cost 20k… then 30k… I just do not see how this is in any way sustainable for them long term…
This was the only video I’ve watched about the price increase because quite frankly the topic is getting stale. I love Dacob’s transparency and how he welcomes everyone to the conversation. I don’t have an opinion about the price increase. It is what it is. I won’t stop wearing my Chanel items just like I won’t stop coming home to my house that has doubled in value due to the market. It is what it is, I can’t control it. What I do feel bad for is the individuals that have saved up for years to buy that one special Chanel from the boutique but can’t seem to keep up with the price increases. That’s all I got in the topic. Anybody see the price of eggs and milk?? Now that’s shocking.
I hear you Faith 🥰💖 however, we need food to survive and we need a roof above our head to stay warm and safe. So we need to come back home at night and we need to eat. We, on the other hand, do not need luxury items. We want them, we do not need them. I personally want the luxury items I buy to have a good quality. Once these items start being manufactured with inferior quality raw items and once they start making them and not passing them through quality control and once they start selling inferior quality items for exorbitant premium prices and once these items start degrading after just one wear and once they start upping the prices of said items several times a year while not addressing the quality issues… well… then we got a problem, because I do not like to be scammed. I like a fair transaction. I give you my money for your highest end luxury premium product and you in return give me the highest end luxury premium product. If you give me an inferior product but charge me for a highest end luxury premium product, then we have an imbalance in the business transaction because only you seem to profit while I get a faulty product. Thats why I am done with some of these brands. They have become a scam in my opinion. 💖🧚🏻♂️ It saddens me because I love Coco’s legacy and I love how much she created in her life time and how revolutionary she was in fashion and style. In my opinion Chanel has very little still in common with Coco. Allegedly.
@@SuperDacob Hi Dacob. I felt EVERYTHING you said! I hear you and definitely respect your feelings, and anyone else that experience these quality issues with Chanel or any brand for that matter. I have been fortunate to never have that experience with Chanel. It reminds me of car experiences. Some people swear by Tesla and Range Rover because they have never had service issues, but others trash the brands based on their personal experience with service issues. So who do you listen to when you are in the market for one of these brands? Or do you take a chance hoping that’s not your experience? I hate it for you and the others that have had issues with Chanel. In our imperfect world, we wish everything would be perfect but that’s just not reality. It would be great if the brand took notice and addressed the outrage, talk about the quality issues. But they won’t. Just like buying a new home. I don’t care if you paid $100,000 or $10,000,000, once you settle in, you will start noticing the flaws. And it’s nothing the builder can do for you at that point. It’s yours! Ultimately I hate it for you Dacob and I don’t blame you for walking away from the brand. You gotta do what’s right for you. On a side note, I wonder if there are people out there with Hermes bags that have quality issues or the handbag didn’t live up to the hype once they’ve acquired it? Are they afraid to talk about it because it’s Hermes? I’ve seen so many Hermes bags on the resale market and they look atrocious(terrible structure). Is that a quality issue or the previous owner(s) are at fault? Anyway I’m going off the deep end here Dacob. Again I love your videos and respect your point of view on luxury. You always leave me with something to think about. Just like your response above.
I don’t feel shame about using my Chanel bags though because I don’t really care how people look at me. At the end of the day we live in a judgmental society so I wear whatever I love and I feel comfortable because whatever you do someone will judge you, criticize you, or simply have something to tell you whether it’s good or bad. If you feel that Chanel’s price is ridiculous then it’s ridiculous but don’t forget it’s worthy for someone out there. Each brand makes them unique because they specifically pick audience and target of class. If Chanel is not for middle class anymore then so be it because no one can stop the price increase anyways. Try to think…have you seen a country/state tax decrease? For me I’ve only seen increase so far😂
You are right about the fact that the consumer decides whats worth it to them. But the inflation rate and taxes are by far not climbing as fast as chanel bag prices are. Depending on the country of course. But I am looking at the countries where Chanel actually decided to open their stores in. I am taking those countries as examples of inflation rates and tax brackets. Also taking those countries as average salary rates and how much they differ now from a chanel bag price as opposed to lets say 2014 or earlier. That chanel believes that the middle class is no longer needed for them to grow might be in their minds a good strategy but long term in my opinion it will prove to be detrimental to them and lets not forget that their designs are no longer desirable either. Virginie is not really killing it on the runway lately, is she? That part is also needed to feed into the dream of the brand. All aspects need to looks desirable in order for the people to actually decide to splurge on a 10k+ bag… but if the brand starts lacking in other departments, then the desirability of their peek products like bags will also fall eventually. Curious to see how all this plays out in the next few years. Don’t get me wrong, I still love my chanel bags and I still think the double C logo is one of the best logo designs out there but I just don’t like their policies right now so I do not feel comfortable wearing the logo bags at the moment. 💖
@@SuperDacob I definitely get your point and I agree to most of it. My opinion towards using the bags probably won’t change but if we’re talking purely just about the price market I’m seeing greediness and they need to chill out with the severe price increase.
They have been raising prices in an unjustifiable way for a while, if you love/can afford enjoy. But now its kind of a target in a way they were not before, what’s the point of having it if you have to hide it?
My mum got her classic flap in 2002 for maybe 2K. I was smart enough to get my Le Boy not long after. Chanel is NOT handmade and is notoriously depreciating in quality. Buy preloved if you must! ❤
I feel uncomfortable wearing most of my bags at the mo. Been buying vintage lux bags & telfar shoppers more & more recently as they feel in that fashion sphere but without being something to be noticed. Even my vintage prada messager work bag gets turned around & logo hidden when I walk around the town centre. If I see someone with a chanel I always just assume its a fake
Well, I am not into their quota bags so their tactics don’t affect me. It still takes time to buy what I love from them because they simply almost never have stock but each time I have been patient with Hermes, I was rewarded in the end so I am fine with them. As for the quota bags… the leathers I want are no longer in production really so I will wait some more and see if they come back into production…
It's not about bags, but I like their perfumes. And recently I've bought a new bottle of Chance eau Vive. And it's so different from the one I had 4 years ago. The new purchase is worse. Before I could smell flowers, jasmine along musk and orange. Now flowers are gone. It's sour most of the time. I don't enjoy it as the previous one. The only solution I see is to leave it for a while and come back to it later.
I've been travelling in Thailand for 4 months now and it's a complete eye opener where luxury brands like Chanel are concerned. Nobody seems to care because 99% of the Chanel being worn is fake. They wear their fakes with gusto and pride!. There is also a roaring trade in secondhand authentic bags with many boutiques spread around BKK and the prices are still affordable on those. I've seen good flap bags going for 70000 baht upwards. I can only see very few customers in the boutiques when i walk through the luxury malls , in fact they are often empty. it's a lose lose situation for the brand.
I love Chanel. All the luxury brands are raising their prices. Why does everyone come for Chanel? The price increases are a double edge sword for many of us. On one hand our bags that we were able to get are worth more now, yay! . But on the flip side, we have a hard time paying the increased price for new bags. I get it. But I don’t feel any better carrying a 5K dior bag, than a 8K Chanel. It’s all insane. But I am here for all the insanity and I love it!
Louis Vuitton is increasing prices pretty much the same way. They are not as expensive yet because their prices were lower than Chanel to begin with. Look at their Capucines bag. Dior is increasing prices just as much. Let’s compare lady Dior‘s price from a few years ago. Loewe puzzle bag has gone up quite a bit. Celine prices are pretty high now. Gucci and YSL have gone up as well.
My Dior’s SA told me that Chanel is a private company so they can increase the price as many times and however much they want. Companies that fall under LVMH such as LV and Dior are publicly traded under LVMH so they are subjected to price increase regulations. They are not allow to do it excessively.
Sold all my bags last year while prices were still high. The only Chanel bags in my town are fakes, so I never felt comfortable carrying them. Last summer my mom was robbed at gunpoint for her cheap purse, thankful she wasn’t hurt. I still love luxury, so now I carry LV & Chanel slg’s in my 78.00 Lululemon camera bag. They bring me joy when I open my bag😊
So sorry your mom was robbed. I hope she is ok. Those situations leave scars too. One is left to cope with the fear even years after it happens. I hope she has recovered. 💖💖💖
I have 3 Chanel bags and I'll continue to use them, all are pre-loved and I don't think that using a bag which I worked hard to save for should stay in my closet because it's inconsiderate towards others. I do think that it's better to buy pre-loved vintage bags because their quality is 100 times better, and they are still relatively cheaper than the newer series and gaining popularity because of these price increases so this is the time to buy vintage. I'm obsessed with my bags, but I won't be buying anymore because the prices for the vintage are starting to be too much.
Preach! Vintage Chanel lambskin is so hard-wearing--I can buff away any minor scuffs/scratches from regular use and the black leather shines beautifully. I will not buy another Chanel bag or another SLG; I have one and each (preloved) and I'm done. The way the company is going with their higher prices and low quality, I'm lucky I achieved purse peace.✌🏻 And if I get the itch again, pre-loved or bust. 💕 Chanel should realize customer loyalty is more important than catering to a tiny sliver of their former clientele.
We should 'unionize' against price increases with 'strike' action;) Interesting video and funny timing. I am going to France this week and pulled out a vintage Chanel I bought 2 years ago and had restored. I love it but have worn it maybe 1 time since purchasing and have wondered why. Maybe because I feel pretentious wearing it? I think what really gets me - and going to Dacob's joke about 20 collections a year - for the prices being charged these days for a bag, I am quite literally unable to make a purchasing decision. There are simply too many options and they are all expensive to varying degrees. I feel like fast fashion has influenced the luxury sector in a big way.
I feel the same can be said about Louis Vuitton the price on their bags are insane they are everywhere and I’m saying this as I have Louis Vuitton bags in my collection and the whole logo thing is dead as well just my opinion I now look for understated bags with good quality that’s a good price point for what you are getting
I’d still use my C bags/WOCs as and when I feel to. I don’t really care about the price increases. Question 🙋🏾 if you decide to sell your bags because of your distaste- are u going to sell at around the price point u purchased for, or at a much elevated price ❓🤔 If at a much elevated price, then aren’t you doing the same thing 🤷🏽♀️
Good question. Well, it also costs money to store the bags all these years, to care for the bags and keep them pristine and the insurance for all the years you had the bags and so on… so for sure the bags I own also ended up costing me much more than what I paid for them the day I bought them in the boutique. One needs to think about that too and factor it in when pricing them later on.
@@SuperDacob ok. But I’m sure there are many who are not as meticulous as you, who will take advantage when reselling, and benefit from the extortionate price increases.
Thats another sad part to the price increases: we who have bought our bags many years ago now cannot enjoy them anymore because of exactly the reason you mention in your comment: we have no prospect of ever getting them again in cases something were to happen to them. So we just stop using them all together. Not only did Chanel manage to alienate a ton of their clients but they also made a ton of us not want to wear what we already bought from them. Some of us cuz of fear of getting mugged or of the bags getting into an accident and breaking and others because we are disgusted by the company’s greed and total lack of quality. Allegedly. Lol
Another informative video thank you darling but I’m going to keep my chanel bags not selling them and I will wear it only when I go with my husband out for safety reason🌺🌺🥰🌺🌺
Dacob you look gorgeous today. Loving the bronze-y eye makeup. As for the Chanel price increase, a reseller friend who owns an online shop is jumping for glee as she gets to price her bags higher YET AGAIN. She makes even more $$ than from her day job since the Chanel price increases.
yes, I now feel too poor and pretentious to wear my chanel bags, when I bought it I felt like I could wear it casually but now its too expensive. ugh but they are Karl era ...
There is that as well. The feeling they give me is of being out of place for sure when I wear the double C logo ones and for all the wrong reasons too. Haha.
I maybe get an accessory here and there from chanel, but I’m done giving my $ away to them. I got a beautiful Hermès Herbag zip from the boutique for less than a WOC
Yes, I am feeling this feeling of almost guilt....... I haven't in the past. I was proud to wear a Chanel bag because of the fashion house but now the fashion house doesn't really stand for what Coco Chanel envisioned...I read that she wanted to inspire people to live freely and promote each other, Coco never intended to make her bags and accessories exclusive....now the brand is only in the rat race for money. The elites responses must never have read the definition of the term....or they should possibly be embarrassed to define themselves as elite. It's not a positive attribute folks....Elites, a select group that is superior in terms of ability or qualities to the rest of a group or society. That is definitely NOT what Coco Chanel envisioned.
She used the upper class to her benefit.
This comment Melissa! Yesss! Imma pin it to the top! Awesome 🥹🥰🙏🏻💖💥🎉
I sold all my Chanel bags except my WOC. They are now tacky, and are so expensive that people just assume you’re wearing a fake
yeah the superfake quality is also giving pause to people I think
Chanel is in real danger of just becoming a joke.
Becoming? Already is a joke 😂
They’ve become a huge joke, dig a bit deeper (many platforms are being roasted and dissected). Designer allegiance is such a problematic position given the state of the world and the suffering of people and the environment. Humility will eventually be given its rightful place in the social media sphere (humility combined with social media clout = oil and water but dumpster fire worthy).
Everytime I take my chanel out with the double Cs, I get stares from everyone. It made me really self conscious. This used not to happen to me in the mid-2000s. Now the price of the bags have enticed a lot of envy from people and make you a target for thieves. They are more like liabilities. They were better when they were only around 2000 USD. That is what they are really worth, logo and all.
Agreed. I feel the same way. The tone of many rooms has definitely gotten colder when I wear my black small CF.
I have worn my CF with the logo inward when walking to a show in my local downtown, but I don't even want to do that anymore. Too many opportunists everywhere looking for an easy mark.
Chanel is making it very clear they don't want the people who save/budget for their bags. They want the people who can drop coin in a heartbeat, and in doing so have changed their legacy for the worst IMO.
so true. I have the medium black caviar flap. I live in NYC and have house keys and car keys and phone and money and some makeup...I can't even use it. It holds nothing for me unless I am going in an uber from a hotel. I agree with the embarrassement wearing this bag with the cost and I feel like a target.
Agree!
just read this "In a November 12, 2021, release posted on Twitter, the Los Angeles Police Department (LAPD) said its Robbery Homicide Division (RHD) had identified more than 110 such incidents.
“In this trend, detectives noted that victims were being followed from such places like Melrose Avenue, the Jewelry District of Los Angeles, high-end restaurants and nightclubs from Hollywood and Wilshire Area. Victims were being targeted based on the jewelry they were wearing and/or the car they were driving.” scary stuff
Yes PB PB, that was happening a lot in LA in that time and I reported about it back then but this is still happening today and even more now. Very sad.
The thing that sucks is I’ve only in recent years been earning enough to have Chanel be attainable for me at all. So I feel I need to get my fill now (though for quality concerns I have sourced quite a few from the preloved market). I’m not sure I see myself as a long term customer though, you’re absolutely right.
Oh yes, long term customer is a no for me too… at least in terms of bags. I am still a loyal chanel perfumes and beauty customer though.
@@SuperDacob it really is a shame. They’re crossing from exclusivity into absurdity. If it’s gonna cost this much, at let it be good… anything less is an insult.
I feel the same about wearing them. I feel it's become so exuberant that it's as if I'm asking for attention, when I'm not. Or like I'm trying to display some form of wealth or status. Yes, they're nice bags, and I like that they're of luxury status, but it's becoming BEYOND.
I completely agree Danie. I got my small timeless classic when it was around 3k. Still a lot but now its 9k and going up so if I wear my small timeless classic today, it will look like I accepted to pay 9k for it and thats something I don’t want to give chanel! I don’t want to give them that promotion when out and about. By wearing this bag when out and about I don’t want to signal to other people around me that it is normal to pay that money for bags that are not even worth that money and who’s quality is not as good anymore. I don’t want to feed into the legitimization of such pricing strategies. Chanel is probably hoping for all the people who bought their bags ten years ago to still wear them now, making it appear as if everybody bought their bags for 10k plus and that its totally fine to spend that kind of money on inferior quality products. Its insanity in my opinion. And lets not even talk about the amount of pictures people send me each day of their newly purchased timeless classics with flaws and peeling and chipping of paint and glazing. It just really feels like a scam at this point to buy these bags. And when it starts to feel like a scam to me, I immediately stop buying the products.
@@SuperDacob Exactly. Even if I had "all the money that I wanted" I still wouldn't buy anything new from Chanel.
It's just a major turn off, all of it. So many of the new designs look cheap, the quality is awful and then everything being overhyped on top of it all. I just don't want to be seen as part of that club, it makes me look stupid when I'm not. I usually don't even care what people think but it's the whole tackiness/vulgarity of it all that taints the brand and then reflects back on me. "If you know you know" and I know that my bags are hard to find preloved items of excellent quality so I don't feel bad about that but the thought of being associated with all this, that people assume my bags are fake, peeling etc, that's not the feeling I want when I'm paying for luxury!
I will complete my (small) Chanel-collection with two more preloved items (if I can find them in great condition and not too crazy prices) then I'm out for good.
I feel the same way about being mindful when to wear them. I have other more low key bags that I wear more often, like my Gucci Soho Disco, Speedy.
This makes me so very sad.I am 46 years old and have only begun to be able to afford Chanel bags starting in my late 30s and early 40s. I have to be very strategic about my finances and plan way in advance to buy a classic flap. It used to be that while I would have to save for it, it was exciting and considered a treat for myself. Now it is impossible and no longer a treat - it induces so much stress. And I don't mean financial stress, I'm talking about stress just from owning it. If anything ever happens to my classic flaps, reissue, or mini, I would never be able to replace them at the prices they are now. So, this makes me very scared to use them, which defeats the purposes of owning them. I also feel like I can't wear them out with friends because they are so over price, and most of my friends can't afford them, so I don't want to make them feel a certain way... either jealous or possibly judge me for owning them! I will treasure what I have, but sadly it's not fun anymore!
I feel you baycal2. Its how many of us feel as well. Its not fun anymore but had rather become a an anxiety inducing burden. 💖
It shouldn’t be anxiety inducing. It is merely a handbag.
I love the simplicity of your reply. 👍
@@SMR218 thank you 🙏.
This is a great reply
$5000 for a mini denim bag 😂😂😂😂 "A fool and her money are soon parted."
I bought my gorgeous denim Ophidia tote from Gucci less than two years ago -- it was $1350 and worth it to me.
Yep… 5k for a mini denim bag… its really insane
The transparent mini bag lmao 😂😂😂 just found your channel Dacob, I am a new subscriber! ❤ love
Thanks for subbing and welcome to my channel Fammina K 🥰🙏🏻💖
Is it true that Chanel uses Bonded leather rather than genuine leather for most of their bags? All of their mini flaps I’ve seen in person felt pretty cheap and that would explain it…
The Les Exclusif’s went up in price too! Were $400 now $425 for 200ml.
Yep, I reported about this a few weeks ago. Insane prices for chanel perfumes in the US.
@@SuperDacob Do you know if Europe will also be increasing their Les Exclusifs as well this year in 2023, or will they stay the same in Europe only? Is the increase done first in the U.S.?
It would have been fine if they increase the price but improve the quality and bring back the 24k gold plating.
Same
I'm glad you are covering the price increase. That can help anyone who has been thinking about purchasing a Chanel bag. I'm very disappointed in this price increase, I love Chanel classic flap bags. I probably will be looking at the other Chanel bags that still have a look of classic but not this outrageous price. Hermes has great quality but I only really like the Birkin and the Kelly bags. I do not like the way Hermes treats their customers though.
I hear ya Lori. There are really tough times for us bag lovers and chanel lovers. I would have never thought that the brand would actually become so greedy that they would make me feel uncomfortable to wear their double ac logo bags and yet here we are… it has happened…
It's not even about whether you can afford it or can't at this point, it's about their greed since the quality is really bad now. If you still buy a new Chanel bag from the boutique, I'd question your sanity.
I am wondering if they are increasing prices to make up for less sales? I don’t think they share total units sold in their financial projections to tell if that is the driver for these large increases.
I have been wondering the same thing. We both think in the same direction. Haha. We are detective Poirot! 😉
I bought my maxi 10 years ago for 4K. I only buy vintage Chanel now. Quality is much better and it's not a bag everyone has!
Dacob definitely don’t sell your Chanel bags. Forget that they are Chanel and remember what you love about them. The soft squishy leather, lovely turn locks, gorgeous chain straps etc. Fair enough don’t buy any more new products until quality improves but still enjoy what you’ve got. ❤
Thank you for the tip Amy 🙏🏻💖🥰
I agree with this. We can’t control what Chanel does, and it’s not worthy feeling guilty for something they do. If you like the design, it goes with your style, wear it.
What annoys me is that owning a classic flap uses to be like a milestone that you save up for but now its like by the time u saved up enough its went up twice again… also virginies chanel is so uninspired I dont want to support the mediocrity
That last part is a 💯% facts
I agree and the mediocrity part it spot on too
Hard same. Thank you for being so vocal about the ridic price increases. We wear these bags bc they bring us joy, but can they even do that anymore when so many people are struggling to get by?
In 2019, I budgeted for my one-and-only vintage small lambskin CF and black caviar card case. From then to now, I've only felt comfortable wearing it to special evening events and dinners.
On the flipside, my pre-loved tan mini calfskin Loewe puzzle bag has gotten almost daily wear and has gone on all my trips. It's incredibly well-made and hard-wearing, and I love that low-key luxe vibe.
Both bags give me a thrill when I wear them, but the way Chanel has raised their prices has reaffirmed my feeling that my CF will be my one-and-only Chanel for the foreseeable future.
I agree Mari and it just feels like when I wear their double C logo bags, its as if I were condoning their current prices and I am most certainly not. Its just insane. The brand actually made me feel uncomfortable to wear the bags I bought from them in the past years. So sad.
Thank you for opening up this discussion! It’s so important to be informed when preparing to purchase this level of luxury.
Thank you Talya 🥹💖🥰
The Jumbo used to be my dream bag. It got removed from my wish list with all the price increases. I wouldn't feel comfortable wearing it even if I could afford it because of safety concerns.
At this point they cant be serious anymore. Who is still walking around freely with their Chanel on the arm, without getting stares & talks about 'it must be fake then', cause in today's world you can't wear a Chanel Classic casually, cause it's not really attainable anymore.
I wear my bags, very casually but the last 2-2,5years i have been getting stares, looks, Whispers (it must be fake, cause they are now so ridiculous'ly expensive) & being looked at as a target.
I have been putting mine in my canvas shopping bag or under my coat just because i dont want to get mugged 😮.
Have a 60-40 new to vintage ratio of Chanels but have been slowly replacing my 'new' ones.
Everytime i want to take out my 'new' ones i feel like i have to be so careful-attentive the whole day (for reasons mentioned) that i refrain from reaching for them. 😒
I also feel like a phony, like you said, like you lost touch with today's economic climate.
Its just no fun anymore.
@@SuperDacob it is not fun anymore indeed.
Its a pitty cause Chanel is such a fun brand & has a jois de vivre. But i don't want to blind people with me being fortunate.
I think they are really going to regret hiking up the prices again. Especially in Europe.
A loud “YES” to not wanting to carry Chanel!! I do agree with the main comment you read out: Chanel used to be a good daily bag, elevated yes, but still wearable. It has now way surpassed the Hermes prices and even wearing a Birkin wouldn’t be considered so “loud”. The price tag now is totally unjustifiable for that type of bag (considering product cost, labour, production etc) that it has become almost a joke wearing one: you’re an idiot in the eyes of the people on the streets. As much as I don’t care about what people think in general , one think I can’t get past is being insensitive and sadly yes, Chanel has lost their charm with this move.
I agree Carol. The magic is gone. The charm has withered.
Jumbo is now price upon request in the UK. I used to work at Harrods and we’d hear on a near daily basis about people getting robbed or having a near miss. My mum has a classic and while she thinks it’s a beauty, she seldom wears it now for fear of getting robbed
you mean Jumbo only available to certain clients ?
@@fatinak291 just that the price can’t be seen online anymore, happened to the maxi a while back. Will be interesting to see if it happens to the medium
Correct, the maxi and jumbos are now both listed on the chanel website as price upon request but if you look at the seasonal jumbos, the price is still visible and its the same price as the carry over jumbos in lambskin or caviar… but that will change soon too and I think they will take the prices of all jumbos offline soon.
@@SuperDacob what's the rational are they embarrassed of how expensive Jumbo is🤔
I agree. Or embrace vintage and no longer buy new. I get the embarrassing thing. I haven't used my double flap in 5 years!
Some great points in the comments and it is a little bit showy. I agree with you. But if I sell my classic flap, I’ll never be able to afford to buy it back
Thats the catch 21 many of us face.
we should check our insurance to see amounts paid out on bags, may require specialized coverage for Chanel bags especially classics given price increases, everyone's insurance is different but worth checking!
Hahaha you read my comment from the PB! I feel famous 😎 The car-like price of Chanel applies of course to Hermes too. I bought Birkin 30 in a price that I kind of thought was ok (kind of as it's never ok to pay 7k EUR lol). But as I've never used it and it's full package and special order in desired colours, it's now worth 20k EUR (- fees). I can't get myself to wear it. Same with Chanel flaps (coming back to the topic of this video), luckily I don't own any at this point.
The PB forum comment thread under the article was awesome. Thank you so much for contributing to the community Magdalena 🥰🙏🏻💖 I totally understand your point. Its like now we feel uncomfortable wearing these bags but also selling them is risky cuz of fraud buyers and its just such a hassle honestly.
I stopped buying Chanel from the boutique since 2016. I only bought 2. A jumbo and a mini. I thought the price back then was already steep. The rest of the Chanel I own are vintage. I got them when vintage wasn’t as in demand. My vintage Chanel’s are also my favorite.
At a restaurant the other day, I was dealing with a waiter who seem fixated in my Chanel bag. "Is that new?", she asked in reference to my purple small flap. Then proceeded to give me terrible service for the rest of the evening. I was hated on for my Chanel bag. This girl is probably working for minimum wage (plus tips) and here I am sitting at a table with a bag that probably cost her 745 hours of work (no tax included). I get it.
Same happens when you drive an expensive car.
On the point of comfortability, I had to get rid of all my Balenciaga because I no longer felt comfortable wearing it
I would not feel comfortable wearing anything Balenciaga either.
April 2021 to March 2023- classic flap went up $4000 CAD!!! I’m shocked!! I don’t even wear my jumbo anymore- it’s sad 😢 I’m afraid of being targeted
Its just not fun anymore. I agree.
I once bought a bag.. it felt like I was carrying a shoe box under my arm. It was so bulky and uncomfortable.
😢wow. I purchased a Chanel Maxi Jumbo in 2014… we paid $5800 then… I just purchased a medium boy bag for $5800… you right this ain’t it…. I wanted the medium 2.55 bag… the price almost made me vomit. I told my husband no…. Chanel has changed over the years… the complications, price increases and their sale tactics are ughhhh…. I have a Birkin 25 bag and it’s not practical… it’s almost like you need an alarm system to walk around with designer handbags…. I feel the same way you do… I’m over it now…. All of this made me want to be a minimalist!
I feel you Brooke. I am on the same page. Most of these higher end luxury brands have become so arrogant and entitled with their marketing and pricing strategies that it has alienated me completely. Not just because they are way overpriced now but with low quality as opposed to the past but also because now it literally grosses me out to wear their logo bags. I don’t like their greed and I don’t like how it all now feels like a scam if you buy into their stuff. I don’t condone it so I feel really uncomfortable wearing their logo bags out and about. Its really sad cuz they literally did it to themselves. Its like shooting yourself in the foot… I really want to know if they truly believe that this strategy is clever long term for their business?
@@SuperDacob That is an interesting question. I guess we have to wait and see what their 3rd and 4th quarter earnings reports reveal. The inflation and cost of other necessities prices are increasing. We will wait and see if this take a hit on the buyers that want it but made one to many sacrifices. I’ve been doing a lot of business with Celine. OMG. They are not pushy nor do they have a buy it now think later attitude. I think I needed this Luxury Bag wake up. It could be a sign from handbag heaven….
I totally agree. I am kind of slowly selling my Chanel bags now. I am kind of not wanting to wear the bags anymore
Chanel bags feel more and more like a burden and less and less like a joy.
I have a Chanel clutch with chain and I’m done. Classic flaps are kind of boring to me.
I bought my Jumbo for $4500. I agree I’m em Atree to wear it now as the prices are insane and feel I make myself a target especially in the country I live as they are not very common here
Yeah even with luxury RUclipsrs they’re buying seasonal bags, preloved or moving to Hermes. It’s been a while since I’ve seen classic flap unboxings from the store from a lot of people
They are just not interesting anymore. The way the brand pushes itself so aggressively forward with price increases has alienated me because I feel like they behave like spoiled brats thinking they can keep greedily keep pushing prices higher and higher without bettering their service or quality. It also feels like they think their clients are so dumb and that they will keep buying despite what now feels like a scam pricing. Just my opinion.
Over the price increases ❤
Me too 💥🎉
They want to outprice the “average “ person & make their brand even more elitist and unattainable like Hermes. I retired early and bought a jumbo double flap. Now, I’m not so sure I’m proud to carry this bag after lusting after it for so long. I’m coveting quiet luxury now that I’ve achieved my financial success.
Quiet luxury is my route too
Furla for example has Chanel trendy dupes. I'd rather wear those since there's a much lower robbery risk going to London. I think dupes also factor in since luxury inspired stuff has taken off.
There is a point where one has more money than sense… it’s all status which at a point becomes presumptuous and pompous
Exactly this!
I fully agree Dacob, I don't feel comfortable wearing them. xxxC
How about their beauty section. Do they increase like their bag counterparts?
Not as much
Not as much and their makeup is for the most part wonderful quality. I wear their makeup and creams all the time since years. Love it. Their leather bags however… current quality is not good in my opinion.
So expensive! If you own one its a good time to sell. I have been looking at vintage channel bags prices are up🤔
I wonder when and if the hyped preloved prices bubble will burst.
@@SuperDacob It will so crazy!
I one thousand agree with the comment you mentioned. In this recession I feel embarrassed wearing my Chanel flap when it now seems like a huge in your face. I’ve been more attracted to the original flap or bags with no logo
Me too
I live in a resort area where luxury bags are pretty common and muggings are non-existent so I feel quite normal using my bag. In this area, no one is going to think it is fake either. I just love the history of the brand. I am grateful I can finally afford silly money purchases, as I call them. Should I be helping others instead? I did, for forty years. Now I am giving myself some love.
Amen
That’s right!
Wonderful insights and empathy as always! What a shining star. Also sitting on many and not interested in wearing them. Although I am finding the market dead currently to sell. Catch 22
Thank you Cathy 🥹🙏🏻💖 I feel you. I am looking at my cc bags and it makes me sad cuz I really do not feel comfortable wearing them out anymore. I just don’t like what the brand has become. It feels like a scam at this point to me. Really sad about this and I hope things will change for the better.
It’s crazy and the demand is still super high :(
Dior has also increased …. I shud be spending my
Money traveling this year since it seems to be cheaper than luxury goods 😂😂😂😂
Not sure about high demand any longer. Their shops are empty. No clients in them. It always looks like a funeral in there each time I pass by.
I love my bags, but I am embarrassed or weary to wear in public- which is the function of the bag. I put it under my coat or in my nylon tote bag. What a shame, but I will still use the bags I have.
Me too… I find myself hiding the bags more and more. Its quite frustrating.
Me too i hide it but i love my chanel 19 in glossy calfskin
Have they also raised their makeup prices? I don’t remember the water fresh tint being $70 last year but I could be wrong 😅
Correct. They have raised their makeup, skincare, perfume, fashion, shoes, bags prices.
Congratulations on over 60,000 subscribers now and counting❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
Thank you Jason 🥹🥰🥰🙏🏻💖💖💖
this is the first time I'm getting more relaxed about wearing a superfake, snapped and got one years ago, went outside with it once and got so many stares I wasn't feeling confortable with the idea of people maybe questionning if it's fake (knowing it was fake this is how i interpreted the stares instead of people staring at it cause it's nice) even though I knew no one would be able to call me out on the spot. Never used it ever again cause it wasn't making me feel good. Now, I wouldn't have been able to afford the real deal years ago and it's getting further and further away from me owning one ever because even if I somehow make it financially I don't think I'd be ok with spending that much on a bag, first and foremost, a bag that will put me at risk of being robbed, not to mention I have a strathberry bag that I love and I don't use it either because I feel like I have to baby this bag everytime I go outside so I only take it out for weddings or fancy affairs. Point: I might use my superfake boy bag and not care at all if it scratches + people can't tell the difference especially now that the quality of the real one is going downhill + even if I ever have the money to afford a real one I won't cause it's way too much money. Way to go channel.
I only own one recent Chanel and it is my beautiful Boy. Will never part with it but will pick and choose where I wear him/her. My other piece is vintage and I will probably continue down the vintage road. The vintage prices have really increased as well but I like that they are from the time when the fashion house was more grounded in tradition and quality. I love the vintage quality and that gold plated hardware.
I still love the history of the brand and almost see current Chanel as almost a different brand from the Chanel of thirty years ago…if that makes sense.
Me too. Definitely see Chanel as a much different brand today than what it was when I first fell in love with it.
@@SuperDacob I totally under what you were saying about feeling tone deaf by continuing to wear your beauties, but don’t sell them Dacob! You have a history with them…just wait it out. It’s none of my business, so obviously it’s take it or leave it advice. I’d just had to see you do that and regret it because of the stories that go with each when of your bags. Ok….Judy OUT! LOL
I have been reaching less for my bags … I also feel that way Dacob I feel uncomfortable wearing the C C out, I currently have 2 reissues that I have been wearing more instead. 💕
Thats exactly how I have been feeling too Celia. I cannot bring myself to take my double C logo bags out anymore. Cuz now I don’t condone what they stand for anymore.
The way you say “don’t do it” with the z’s, I said that to my 11 month old baby and he was cracking up 😂 I look at him and say “zon’t zo it” he finds it so funny lol I love him so much ❤
That is so adorable Torey 🥹🥹🥹🥰🥰🥰🙏🏻💖💖🧚🏻♂️
@@SuperDacob 🥰🥰🥰💝
I used to use my Chanel bags for work. I find myself not wearing them for work any more. I wear them for evening work events and dinner. However, for work, I will not wear my bags. I feel guilty for wearing them. I couldn't agree more....
I hear ya’. I cannot bring myself to wear mine either anymore.
Purchased Medium CF at the very last reasonable price. Looking at the bag & current price, the bag is not worth $10k!
Sorry my hand slipped. I sold two of my chanels years ago and kept two. I got the bags 25 years ago I'm over them years ago. The bags are not great quality. I normally wear understated bags. I don't feel save with the lux bags in some circles.some people judge very harshly unfortunately.
Les Exclusives are gone up by 50€ per big bottle. I was yesterday invited by Chanel to a perfume Masterclass. I have to say: People who are working in Chanel Make-up boutiques are far nicer than in the fashion boutique. It was a really nice event and I’ve learned a lot about Coco Chanel, Grasse and Olivier Polge. It was amazing. I’m willing to spend my money here. But not for fashion anymore. Nice video Dacob!❤
Thanks Tim 🙏🏻💖 The drastic 16% price increase is not warranted in my opinion and it puts me off the brand. No matter how nice the SAs are at the beauty boutiques. Upping the prices of their 200ml les exclusifs bottles from 330 to 380 euro per bottle is way too much and I feel they only did it to keep their prices close to the prices of their direct competition like Hermes hermessence fragrances, LV fragrances and Dior collection privee fragrances. Compare the prices of their 200ml perfume offerings and you will be surprised. They all cost basically the same amount for each brand. Its like a mafia deciding together how to dominate the market. Not cool. Exception for Dior cuz they have the 250ml bottles for 380 euro but their next price increase is just days away so they will also equal their prices to the others. Its ridiculous.
The Chinese forums are saying an increase is happening either tomorrow or sometime this week in China not sure about rest of world
The chanel mini rectangle hasn't gone up in almost two years.
Yes it has. Depends which country you are looking at.
@@SuperDacob Here in the US is $4400 plus tax since I bought it in jun 2021.
OMGeeee not again🙈🙈
Hi Dacob! From your fan here in Wales❤❤
Hi Merce 🥰🙏🏻💖
Im flabbergasted yet again. Chanel…what are you doing gurl?
I bought my chanel medium classic flap in 2020 for $6500 and to date its my most expensive handbag/luxury item. Now seeing that this bag is going for $10.2k USD is making me feel so self conscious/unsafe about wearing it 😭 what is going onnnn
Same here. The terrible price increases from chanel are making many of us not want to wear their bags anymore.
It’s ridiculous. I’ll only ever purchase the 2.55 and silent luxury going forward luckily it’s the only Chanel bag I’d wear and want.
However, I’m finding luxury tiring, overwhelming and stressful compared to pre-covid. Too many new items, colours, designs, constant price increases, nothing new seems timeless anymore, customer service can be poor, stock shortages, and over saturation of bags in the market.
This price increase has made wearing and owning Chanel stressful, unsafe, insensitive and vulgar as we head into tough economic period.
This is how Burberry suffered in the early 2000s. Genuine lovers of the brand’s famous plaid became too embarrassed to wear it due to the connotations of it being a favoured print - albeit often faked - of those from a lower socio-economic background. It took around 15 years to recover. People who are aware that we are entering a global, economic crisis are now feeling it’s vulgar to wear the double C logo so freely because it’s akin to hanging $8-10,000 off your shoulder when we see others are struggling. Keep hold of your goodies, Dacob, their time to shine will come again. The 60s were swinging, the 70s bleak, the 80s hedonistic, the 90s grungy, the past 20yrs have been good for many so ride it out and keep what you love to wear again. It all comes around again.
Thank you Urban Gypsy 🙏🏻🥹💖 I just wonder how it can come around again with the prices they charge? I love the chanel bags I own but their pricing will not go down… they will keep increasing prices so the bags will keep costing more and more and it can just get worse and less and less people will buy their stuff. How could they possibly think this is a good strategy for them for the future? The inflation rate is not going up that fast as they are upping their prices. So at this rate their classic double flap bags will cost 20k… then 30k… I just do not see how this is in any way sustainable for them long term…
the dupes market also killed it, same with tons of quilted chanel inspired provoking market saturation
plus concerns about fakes on 2nd hand market
I didn't know Burberry has recovered...
This was the only video I’ve watched about the price increase because quite frankly the topic is getting stale. I love Dacob’s transparency and how he welcomes everyone to the conversation. I don’t have an opinion about the price increase. It is what it is. I won’t stop wearing my Chanel items just like I won’t stop coming home to my house that has doubled in value due to the market. It is what it is, I can’t control it. What I do feel bad for is the individuals that have saved up for years to buy that one special Chanel from the boutique but can’t seem to keep up with the price increases. That’s all I got in the topic. Anybody see the price of eggs and milk?? Now that’s shocking.
I hear you Faith 🥰💖 however, we need food to survive and we need a roof above our head to stay warm and safe. So we need to come back home at night and we need to eat. We, on the other hand, do not need luxury items. We want them, we do not need them. I personally want the luxury items I buy to have a good quality. Once these items start being manufactured with inferior quality raw items and once they start making them and not passing them through quality control and once they start selling inferior quality items for exorbitant premium prices and once these items start degrading after just one wear and once they start upping the prices of said items several times a year while not addressing the quality issues… well… then we got a problem, because I do not like to be scammed.
I like a fair transaction. I give you my money for your highest end luxury premium product and you in return give me the highest end luxury premium product. If you give me an inferior product but charge me for a highest end luxury premium product, then we have an imbalance in the business transaction because only you seem to profit while I get a faulty product. Thats why I am done with some of these brands. They have become a scam in my opinion. 💖🧚🏻♂️
It saddens me because I love Coco’s legacy and I love how much she created in her life time and how revolutionary she was in fashion and style. In my opinion Chanel has very little still in common with Coco. Allegedly.
@@SuperDacob Hi Dacob. I felt EVERYTHING you said! I hear you and definitely respect your feelings, and anyone else that experience these quality issues with Chanel or any brand for that matter. I have been fortunate to never have that experience with Chanel. It reminds me of car experiences. Some people swear by Tesla and Range Rover because they have never had service issues, but others trash the brands based on their personal experience with service issues. So who do you listen to when you are in the market for one of these brands? Or do you take a chance hoping that’s not your experience? I hate it for you and the others that have had issues with Chanel. In our imperfect world, we wish everything would be perfect but that’s just not reality. It would be great if the brand took notice and addressed the outrage, talk about the quality issues. But they won’t. Just like buying a new home. I don’t care if you paid $100,000 or $10,000,000, once you settle in, you will start noticing the flaws. And it’s nothing the builder can do for you at that point. It’s yours! Ultimately I hate it for you Dacob and I don’t blame you for walking away from the brand. You gotta do what’s right for you.
On a side note, I wonder if there are people out there with Hermes bags that have quality issues or the handbag didn’t live up to the hype once they’ve acquired it? Are they afraid to talk about it because it’s Hermes? I’ve seen so many Hermes bags on the resale market and they look atrocious(terrible structure). Is that a quality issue or the previous owner(s) are at fault?
Anyway I’m going off the deep end here Dacob. Again I love your videos and respect your point of view on luxury. You always leave me with something to think about. Just like your response above.
Hello Dacob! Congratulations on 60k!!! 😊🧡😊💯🎈
Thank you wiini 🙏🏻🥰💖
I don’t feel shame about using my Chanel bags though because I don’t really care how people look at me. At the end of the day we live in a judgmental society so I wear whatever I love and I feel comfortable because whatever you do someone will judge you, criticize you, or simply have something to tell you whether it’s good or bad. If you feel that Chanel’s price is ridiculous then it’s ridiculous but don’t forget it’s worthy for someone out there. Each brand makes them unique because they specifically pick audience and target of class. If Chanel is not for middle class anymore then so be it because no one can stop the price increase anyways. Try to think…have you seen a country/state tax decrease? For me I’ve only seen increase so far😂
You are right about the fact that the consumer decides whats worth it to them. But the inflation rate and taxes are by far not climbing as fast as chanel bag prices are. Depending on the country of course. But I am looking at the countries where Chanel actually decided to open their stores in. I am taking those countries as examples of inflation rates and tax brackets. Also taking those countries as average salary rates and how much they differ now from a chanel bag price as opposed to lets say 2014 or earlier. That chanel believes that the middle class is no longer needed for them to grow might be in their minds a good strategy but long term in my opinion it will prove to be detrimental to them and lets not forget that their designs are no longer desirable either. Virginie is not really killing it on the runway lately, is she? That part is also needed to feed into the dream of the brand. All aspects need to looks desirable in order for the people to actually decide to splurge on a 10k+ bag… but if the brand starts lacking in other departments, then the desirability of their peek products like bags will also fall eventually. Curious to see how all this plays out in the next few years. Don’t get me wrong, I still love my chanel bags and I still think the double C logo is one of the best logo designs out there but I just don’t like their policies right now so I do not feel comfortable wearing the logo bags at the moment. 💖
@@SuperDacob I definitely get your point and I agree to most of it. My opinion towards using the bags probably won’t change but if we’re talking purely just about the price market I’m seeing greediness and they need to chill out with the severe price increase.
I like your train of thought. You only have one life to live too.
They have been raising prices in an unjustifiable way for a while, if you love/can afford enjoy. But now its kind of a target in a way they were not before, what’s the point of having it if you have to hide it?
I agree.
My mum got her classic flap in 2002 for maybe 2K. I was smart enough to get my Le Boy not long after. Chanel is NOT handmade and is notoriously depreciating in quality. Buy preloved if you must! ❤
I feel uncomfortable wearing most of my bags at the mo. Been buying vintage lux bags & telfar shoppers more & more recently as they feel in that fashion sphere but without being something to be noticed. Even my vintage prada messager work bag gets turned around & logo hidden when I walk around the town centre. If I see someone with a chanel I always just assume its a fake
I have a similar feeling with Hermes. Love their products, not sure about their tactics.❤
Well, I am not into their quota bags so their tactics don’t affect me. It still takes time to buy what I love from them because they simply almost never have stock but each time I have been patient with Hermes, I was rewarded in the end so I am fine with them. As for the quota bags… the leathers I want are no longer in production really so I will wait some more and see if they come back into production…
@@SuperDacob I only want their quota bags😅 I wish i didn’t, I’d be free🎉
I’ve sold all of my logo bags & kept ONE 2.55.
It’s gauche right now 😖🙃
I am happy you kept the 2.55 though 🥰🥰🥰💖
It's not about bags, but I like their perfumes. And recently I've bought a new bottle of Chance eau Vive. And it's so different from the one I had 4 years ago. The new purchase is worse. Before I could smell flowers, jasmine along musk and orange. Now flowers are gone. It's sour most of the time. I don't enjoy it as the previous one. The only solution I see is to leave it for a while and come back to it later.
Any different after letting it sit?
I've been travelling in Thailand for 4 months now and it's a complete eye opener where luxury brands like Chanel are concerned. Nobody seems to care because 99% of the Chanel being worn is fake. They wear their fakes with gusto and pride!. There is also a roaring trade in secondhand authentic bags with many boutiques spread around BKK and the prices are still affordable on those. I've seen good flap bags going for 70000 baht upwards. I can only see very few customers in the boutiques when i walk through the luxury malls , in fact they are often empty. it's a lose lose situation for the brand.
Thank you for sharing your insight with us nathalie 🙏🏻🥰💖
I love Chanel. All the luxury brands are raising their prices. Why does everyone come for Chanel? The price increases are a double edge sword for many of us. On one hand our bags that we were able to get are worth more now, yay! . But on the flip side, we have a hard time paying the increased price for new bags. I get it. But I don’t feel any better carrying a 5K dior bag, than a 8K Chanel. It’s all insane. But I am here for all the insanity and I love it!
I agree. All luxury houses are increasing their prices.
Other houses are not increasing prices at the rate chanel is and the quality is often better.
Louis Vuitton is increasing prices pretty much the same way. They are not as expensive yet because their prices were lower than Chanel to begin with. Look at their Capucines bag.
Dior is increasing prices just as much. Let’s compare lady Dior‘s price from a few years ago.
Loewe puzzle bag has gone up quite a bit.
Celine prices are pretty high now.
Gucci and YSL have gone up as well.
My Dior’s SA told me that Chanel is a private company so they can increase the price as many times and however much they want. Companies that fall under LVMH such as LV and Dior are publicly traded under LVMH so they are subjected to price increase regulations. They are not allow to do it excessively.
Sold all my bags last year while prices were still high. The only Chanel bags in my town are fakes, so I never felt comfortable carrying them. Last summer my mom was robbed at gunpoint for her cheap purse, thankful she wasn’t hurt. I still love luxury, so now I carry LV & Chanel slg’s in my 78.00 Lululemon camera bag. They bring me joy when I open my bag😊
So sorry your mom was robbed. I hope she is ok. Those situations leave scars too. One is left to cope with the fear even years after it happens. I hope she has recovered. 💖💖💖
Dior and Fendi are also benefiting from Chanel price increases I think
They are all raising their prices but some more disproportionately and percentage-wise higher than others.
The price increase is absolutely unnecessary, it kills the dream of most to own a piece of luxury, totally disgusting!
I have 3 Chanel bags and I'll continue to use them, all are pre-loved and I don't think that using a bag which I worked hard to save for should stay in my closet because it's inconsiderate towards others.
I do think that it's better to buy pre-loved vintage bags because their quality is 100 times better, and they are still relatively cheaper than the newer series and gaining popularity because of these price increases so this is the time to buy vintage.
I'm obsessed with my bags, but I won't be buying anymore because the prices for the vintage are starting to be too much.
Preach! Vintage Chanel lambskin is so hard-wearing--I can buff away any minor scuffs/scratches from regular use and the black leather shines beautifully.
I will not buy another Chanel bag or another SLG; I have one and each (preloved) and I'm done. The way the company is going with their higher prices and low quality, I'm lucky I achieved purse peace.✌🏻 And if I get the itch again, pre-loved or bust. 💕
Chanel should realize customer loyalty is more important than catering to a tiny sliver of their former clientele.
I agree these prices are insane!!
They are really insane. 🤣💖
We should 'unionize' against price increases with 'strike' action;) Interesting video and funny timing. I am going to France this week and pulled out a vintage Chanel I bought 2 years ago and had restored. I love it but have worn it maybe 1 time since purchasing and have wondered why. Maybe because I feel pretentious wearing it? I think what really gets me - and going to Dacob's joke about 20 collections a year - for the prices being charged these days for a bag, I am quite literally unable to make a purchasing decision. There are simply too many options and they are all expensive to varying degrees. I feel like fast fashion has influenced the luxury sector in a big way.
I agree. It feels like fast fashion and luxury fashion have become the same thing.
like, when does pretension to higher things become pretension in a bad way?
I think the heart bags were the big Chanel trend, but things have been fairly quiet on RUclips
I could not comfortably carry a Chanel bag here in Montgomery.
Its become an uncomfortable experience for most of us. Sad moment for Chanel and for us Chanel lovers. 😔
I feel the same can be said about Louis Vuitton the price on their bags are insane they are everywhere and I’m saying this as I have Louis Vuitton bags in my collection and the whole logo thing is dead as well just my opinion I now look for understated bags with good quality that’s a good price point for what you are getting
I’d still use my C bags/WOCs as and when I feel to. I don’t really care about the price increases.
Question 🙋🏾 if you decide to sell your bags because of your distaste- are u going to sell at around the price point u purchased for, or at a much elevated price ❓🤔
If at a much elevated price, then aren’t you doing the same thing 🤷🏽♀️
Good question. Well, it also costs money to store the bags all these years, to care for the bags and keep them pristine and the insurance for all the years you had the bags and so on… so for sure the bags I own also ended up costing me much more than what I paid for them the day I bought them in the boutique. One needs to think about that too and factor it in when pricing them later on.
Exactly… but I noticed that resale prices went down
Bravo you hit the nail on the head 👏👏👏👏
@@SuperDacob ok.
But I’m sure there are many who are not as meticulous as you, who will take advantage when reselling, and benefit from the extortionate price increases.
Soon these bags will be 20,000 USD and people will still buy.
buy after they’re offered one
I have started subscribing to your channel from @Amelia Rose's Closet. But talking about these phenomenon raises awareness as you said.
£8530 in the UK now!!!!!! 8530 great British pounds, the previous couple of price increases were obscene but this is just CRAZY
We’re going to have to insure my mums pieces. God forbid if anything happens there’s absolutely no way we’d be replacing them
Thats another sad part to the price increases: we who have bought our bags many years ago now cannot enjoy them anymore because of exactly the reason you mention in your comment: we have no prospect of ever getting them again in cases something were to happen to them. So we just stop using them all together. Not only did Chanel manage to alienate a ton of their clients but they also made a ton of us not want to wear what we already bought from them. Some of us cuz of fear of getting mugged or of the bags getting into an accident and breaking and others because we are disgusted by the company’s greed and total lack of quality. Allegedly. Lol
why vintage is best..
But vintage also keeps going up in price
@@SuperDacob good for me!! I live in Cannes and go regularly to the auction house here.. it's been a gold mine for me! bis bis!!
I keep thinking that eventually, designer bag customers are going to revolt en masse………hasn’t happened. What is the ceiling on this?
Another informative video thank you darling but I’m going to keep my chanel bags not selling them and I will wear it only when I go with my husband out for safety reason🌺🌺🥰🌺🌺
Be safe Lily 🙏🏻💖 Always remember to use peripheral vision while out and about, even when with your husband. 💖💖💖
@@SuperDacob 😀can’t wait for your next Video you the best in here ☺
Dacob you look gorgeous today. Loving the bronze-y eye makeup. As for the Chanel price increase, a reseller friend who owns an online shop is jumping for glee as she gets to price her bags higher YET AGAIN. She makes even more $$ than from her day job since the Chanel price increases.
Thank you Ashlyn 🥹🙏🏻🥰💖
Denim bags can’t be worth a price of a car in my country 😅
Its become insane.
So stop buy!!! They’re don’t deserve you
yes, I now feel too poor and pretentious to wear my chanel bags, when I bought it I felt like I could wear it casually but now its too expensive. ugh but they are Karl era ...
There is that as well. The feeling they give me is of being out of place for sure when I wear the double C logo ones and for all the wrong reasons too. Haha.
They want to be Hermes. It’s just so off putting to me
Very off putting to me too.
I maybe get an accessory here and there from chanel, but I’m done giving my $ away to them. I got a beautiful Hermès Herbag zip from the boutique for less than a WOC
Congratulations Cari on finding a herbag zip 🥰🥰💖💖💖