It’s no secret that the demand for Chanel Bags over the years has recorded a huge increase as well as a rapid value increase, and when you sift through the style scene and social media feeds, it’s impossible to deny the selling power this brand possesses. In fact, with their aesthetics, design, and craftsmanship, Chanel Bags are so valuable that style connoisseurs, fashionistas, and bloggers can’t literally function without them.
According to a new study conducted by Baghunder that looked into the historical pricing and historical value of Chanel handbags like the Chanel Medium Classic Flap bag since 1955, the pricing tactics implemented by Chanel for selected handbags since 2010 as well as comparing the investment returns between the Medium Classic Flap bag, housing prices in the United States, it revealed that the Chanel Medium Classic Flap handbag has increased in value by over 70% in the last six years.
“We decided to conduct a study into Chanel handbags as we wanted to see if we could gain an insight into how Chanel implements their pricing tactics”, said Baghunter CEO, Evelyn Fox, “And we were very surprised to see the extraordinary increase in value of certain bags over the last six years in particular.”
As Baghunter further stated, the Chanel Medium Classic Flap was valued at $2,850 (USD) in 2010. By the end of 2015, the exact same bag was valued at $4,900, representing an incredible 71.92% increase in just six years.
“It’s interesting to see how the value of Chanel bags has skyrocketed over the last six years, a period which coincides with the rise of ultra-luxury marketplaces for such items”, said Evelyn, “We feel that these marketplaces have played a significant role in making these bags available to a wide range of women, peaking interest in more people than ever before, and contributing to Chanel having the ability to increase the value of their bags so rapidly over such a short period of time.”
Other bags considered in the study included the Chanel Reissue 2.55 in sizes 226 and 227 and the Chanel Boy Bag in sizes small and medium. Both Reissue bags have experienced similar growth in value over the last six years, with the sizes 226 and 227 increasing by 69.23% and 66.66% respectively. The Boy Bags, having been released in 2012, have experienced slightly slower growth in value over the last six years, with the small and medium bags increasing by 53.84% and 31.25% respectively.
So if you’re hunting for a good investment bag to shop, look no further than Chanel Medium Classic Flap Bag, and lucky you, you can head over to Baghunter.com to buy now.
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