Every time I walk past Chanel nowadays, they’re empty. The SAs are on their phones or are talking to each other. I think a lot of people are just annoyed by this constant price increase when the quality of the bags have been declining.
I agree with you. I can afford Chanel. But one of my goals is to never own anything from them. I think they are obnoxious and taking advantage of their customers. Also, i am not trying to impress anyone. In addition, i don’t think their bags are made well.
I agree. My leather strap is unequal and sewn badly.. I am conscious all the time to roll the strap to make sure it stays inside the bag. I watched reviews of people complaining about the chain&leather straps having the same flaw. It makes the bag look cheap.
Growing up, my mother had a few Chanel bags. Back in the days, such bags were to be worn on special occasions and for many year. People didn't buy high end new bags several times a year. I also have a couple. The last Chanel bag I purchased was over 10 years ago. Given the drastic price increase and the quality, I don't often consider Chanel. Take note that it's only the classic bags that are silly expensive. You can still get a Chanel 19 for half the price of the classic flap or 2.55. I don't consider bags as investments because I will never resell but for £10K, I would rather buy a watch or put the money towards another real-estate investment.
I think there are so many second hand Chanel bags on the market now that are much cheaper that their strategy won't work, Chanel does not resell for anywhere near the current new bag price, unlike Hermes bags which actually go for higher. But at the end of the day, it gets to a point that even the truly wealthy won't use a bag that screams how much money they spent on it because it makes them look too vulgar for spending that much on a bag. Bags somehow are still not in the same acceptable category for spending your money on as jewellery or watches.
In this day of high crime, the last thing I'd want is to look too rich in many public places. When your handbag is over $10K, thieves don't just want what's inside your bag. It adds to risk. I only have one basic, black Chanel shoulder bag, and I'll only use it in safe locations.
Rolling my eyes at the latest Chanel strategy. Their bags aren't appealing to me. Toss in the conspicuous logo and its even more of a turn off. A few years ago about a year before the pandemic, the luxury brands were all putting out hideous plastic bags. One would have been better buying something at Walmart. The prestige thing doesn't grab me. I love high quality and extremely practical combined that results in elegance. These days it seems that to get what I want, I will need to have someone make the bag for me with my own modifications that avoids the black hole scenario.
Luxury has always been about attaining the unattainable. Wealthy people don’t think about the purchase price because they don’t have to. It’s never been about quality is proportional to price, or material is proportional to price. It’s a status symbol for the wealthy. Has been throughout history. “I am in this strata, and you are not.” As soon as everyone has the bag, people carry fakes, or dupes are made, it defeats the purpose of setting the brand above all others. Just human nature. None of the bags in the luxury category are truly worth the value you are paying for them.. Hermes included. Hermes has literally played a psychological trick on people to entice them to do everything possible to get a bag that costs nothing to make. It’s a very interesting experiment int human psychology.
Starbucks does the same thing too. Their prices are higher than most cafes and ppl feel richer by having Starbucks and ppl assume that higher prices means higher qauilty, but it's the same coffee qauilty as a $1 MacDonald's coffee
@@tanner.leatherstein Uber luxury springs from the harrowing emptiness of the aimless, anchorless soul. Wealth is elusive to the wearer. A status symbol for the spiritless halfwit. There can be no experiment when there is nothing to experiment, but a sad commentary to a life lived wrong.
You can almost say that about everything in America. Its always about the perceived value. Tbh its all overvalued, from CEO wages, to brand names and luxury brands.
Another major flaw is the lowering of their quality when it comes to their bags while increasing the prices. The quality just isn’t there in the hardware or in the make or leather of the bag.
Anyone who can afford a $12,000 bag without batting an eye will opt for any Hermes over Chanel. Personally, I'd like to see more individual artisans getting noticed for bespoke bags from choosing the leather to unique design to final hand-stitched finish. At one time, I noticed some interesting bespoke from Tanner-Krolle but they seem to have lost their luster and going back to being primarily a British luggage maker to the Royals. I have one of their old designs made in the style of a 15th century money bag, not bespoke but very different.
Great analysis. What are your thoughts on Chanel's 5 year limit on many repairs?I believe Hermes on top of better quality vs. Chanel does not have these limits. I know I'm not alone to say it's a deal breaker to charge 11k for a bag that in 5 years cannot be refurbished completely as needed. That means it's no longer heirloom quality but has an expiration date.
Great point. If you are charging that premium and claiming to one of the best brands out there, it is a shame to make rules to avoid accountability on the quality of your product.
Not defending Chanel’s practices by any means, but want to add that five year limit doesn’t mean they won’t fix a handbag after that time frame. I recently sent in a bag that is 8 years old, barely worn, but got some mysterious discoloration on leather. They are fixing it for free.
It will rebound on them. Chanel & Hermès although heritage brands are very “done”. Old money will not buy into this. Look at someone like India Hicks - goddaughter of King Charles - who favours brands like Tusting or Lalage Beaumont. There’s kind of a reverse snobbery between the real, old-time elites who will distance themselves from ANYTHING that could be regarded as tacky - ie anything that represents an overt display of wealth. So far, Chanel has managed to straddle the rubicon between good taste and trend but they have over extended themselves.
Buying a bag for 10 000 euros that cost let’s be generous 500 to manufacture could be considered vulgar because it’s not intelligent and The company insults your intelligence when the profit margarines are too extreme. You risk being viewed at as the king without clothes. A bag will look sad not fresh just like shoes after a few years if you really use it as well while jewelry can be passed down for generations. People who say a bag is a good investment don’t know what they are talking about. Compared to other investments one can make its a terrible investment. People also are afraid to wear too expensive things these days not to become a target of violent robbery so it’s better to stay moderate to fit in and stay safe.
@@jlind3891you obviously don’t understand pricing psychology and demand equilibrium. Fair value is determined when the price meets market demand, not from production cost. An old house in London costs 100K euro to build, but has overwhelming demands at 1 mil euro. Then its true value is 1 mil not 100K regardless of how you feel. Netflix rising monthly price from $9 to $15 but subscribers haven’t declined significantly. Means they can continue to raise price until the market stop accepting it. So do Chanel and Hermes
@@jlind3891it’s not that much to manufacture because super fakes have better quality. In fact they are glueing leather on espadrilles. If a super fake is $300-$500 and they make profit with better quality it’s less than that. Maybe that is how much it costs to make a YSL bag but not Chanel. Their bags keep falling apart
The bags also have an issue with counterfeiting too. One ofthe many reasons why I abhor these bags. Besides, n billionaires really touch any of this crap. Chanel's bags have always looked like cheap leather to me. Vuitton is the favored bag of call girls and chicken fry joints all over america. You wouldn't catch me dead seen carrying any of this crap. Everybody thinks the bags are all counterfeit anyway.
I’ve heard that a lot , of the quality of Chanel bags now aren’t the same good quality of before. Hermés has high prices but they have high quality items meanwhile, Chanel makes items that are good not excellent quality and yet they charge 5x the amount for it and that doesn’t make any sense. Before I wanted a Chanel flap as an investment piece but I would look at the second hand ones and the outside looks perfect,but the inside was all dirty and the leather peeling which for Chanel is surprising to see given their luxury status. It’s ridiculous how Chanel is making these price increases on their bags but yet not fixing the main problem- the quality . I’d rather just stick to their makeup and perfumes when it comes to Chanel .
I once found a Chanel bag at a thrift store but then later traded it for the ugliest bag without thinking twice. That’s one of my biggest regrets to this day.
I have zero interest in overpriced brands and logos. If Chanel thinks they can boost their profitability by pricing out the aspirational middle class buyer, they're welcome to try. It's none of my concern. I would however be very interested to hear more about these artisanal leather goods makers you mentioned. I enjoyed hearing about your study trip to see Peter Nitz in Zurich, and it made me want to know where his pieces could be found for purchase, and who else is doing interesting work. It would be fun to see different design styles and find a maker whose pieces speak to me and which would feel worth the price.
Im able to buy just dont want to. I dont like wearing something with a LOT of counterfeit that not everyone can differentiate between fake or authentic. I'd rather wearing no-brand bag with good craftmanship
Looking forward to your Chanel flap bag review! I wonder if the quality is still as bad as previously. You’d think customers would demand high quality at the high price point.
Leather is somewhat unknown to the customer so assessing the quality and demanding better really hasn't been a thing so far. Customers took what brands said about their products so far.
It's so interesting to learn about why luxury brands make the marketing choices that they do. Ig if you're not in the target market it's really hard to comprehend the appeal of the markups and exclusivity tactics
Understanding the rationale behind luxury brands' marketing decisions can offer valuable insights into their consumer appeal and business strategies, especially for those outside of their target market.
They’re going to run Chanel into the ground. The first sign of this kind of business declining is their perfume. It’s the thing that produces the most money for them and it’s declining. The quality,longevity,artistry and even the packaging has been downgraded a significant amount. The thing that made Chanel Chanel was the luxury yet attainable price point. Coco set out to make her mark by altering how women dressed in their everyday lives. NOT by catering to a certain. EVERYBODY’s money was green. She’s one of the reasons women were even able to have bank accounts at that time. The point of all the fashion houses was to let anyone turn into the ad girl even if it was just for a night. Hermes who Chanel is trying to chase and copy managed to still maintain this while keeping their quality. Those bags used to have gold and silver plated hardware…… it’s definitely not that any longer.
Quality has actually dropped, they used to use gold plated hardware. Plus there are plenty of videos of people buying bags at the boutique that are crooked, have twisted chains or even pop up stitches.
Everybody has it there is not exclusivity for that price point. There are still lots available in the preloved market it’s better to buy them instead if you really want to be a part of the crowd. The prices are just insane.
So the business plan is, sell a cheap product, but make it so expensive that everyone knows you are rich. Youd think people would be smarter than that.
And, today there's people out there like you, and it makes it all look ridiculous for people to spend a fortune on bags that are basically a decent quality but nothing more. The logo doesn't do it for me.
i should add that Hermes Kelly and Birkin and constantine appreciate at 14% per year on average making it seem judicious to buy; that has happened with some Chanel bags, too.
Thing is the quality has declined plus the real money people they want are probably not purchasing anymore. And how can you increase prices and not offer gold hardware anymore? When the vintage is more impressive then you have a problem.
It bothers me that they are trying to shift their price model so drastically when the quality of the product isn’t being changed enough to justify the price increase. Charging more for an unchanged product is rotten in my opinion
I’m still trying to figure out why some ppl reference that buying a designer bag is because you want to “look” rich, I can give 2 craps about looking rich. I just love designer bags and I have the income to purchase them but I also would rather invest 10k than buy a bag for 10k even if I have the income to buy one. Just me.
I ‘d rather have an Hermes based on current Chanel pricing and just try my luck with the Hermes lottery appointments in Paris. Also don’t care to buy a lot to meet a quota. After all it is only a bag…not critical or essential to life. It is a nice to have. I think if you can find a good artisan and make a bespoke piece at an affordable price, I would definitely go for that instead. Style and quality is key, not brand. Don’t feel the need to impress people.
i think that a better strategy would be to create bags at a higher level of quality and then slowly taper the production of other bags. Right now the fashion industry is having problems and only Hermes is rising above them.
Chanel shouls remember that realy wealthy people are wealthy because they can manage money well. This PR debocle of declining quality and raised prices is well known and documented. The truly wealthy person who can afford a 12k bag would rather go to a preloved boutique and get the gold plated vintage chanels. No one who can afford a 12k bag would actuallt invest in a 12k bag. Maybe fix the quality issues and PR first then raise the prices? In my opinion.
There are different type of wealthy people too. i am not sure if going after new money type wealth who really doesn't care how much their purses are just to have a photo on their IG is the kind of classy customer Chanel is really after if true to it's strategy or is it really just to hike the price to sell less for more.
There are only so many bags that the super rich can buy. So this is a related and major flaw. Chanel can possibly survive wth this strategy but they won't grow; they need the aspirational buyer and this is something Lagerfeld understood and exploited massively. But the macroeconomic conditions have changed and nobody wants to be caught out in a pretence of being rich, or being rich and making yourself a target for theft. Long term Chanel is cooked if they don't supply real quality, this is something they are pretending to do but anyone can see it's cheaply put together from 'gold tone' onwards.
As Chanel prices are quickly rising to Hermes levels, I would definitely switch from Chanel to Hermes as the craftsmanship and prestige of Hermes are both higher than Hermes. Chanel is losing a lot of their middle-class customers (because they're priced out) and high-end customers (because they switch to Hermes) with the rapid price hikes.
Sold my 2020 Chanel double flap on the 2nd-hand market, and upgraded to a Hermes Constance. I was disappointed in Chanel's quality, detail and was disillusioned by their lack of respect towards their customers. I was also disappointed in the brand insinuating they are on the same level as Hermes. Chanel isn't worth your hard-earned money as a an investment - however, buying a Hermes bag is! Chanel only has an excellent marketing ploy - but deliver on quality and craftsmanship they do not.
Indeed, we think we are so rational but than a bunch of smart people realize we are all about emotions and they play with those emotional buttons making us puppets :)
Chanel's bags are not in the same level as Hermés. Chanel mass produces its bags in a scale and fashion just like any other luxury brand. However, Chanel has decided that it wants to shamelessly increase its coveted 2.55 and Classic Flap to Hermés prices despite it's the same bag and same quality as before. Though there have been instances where Chanel's quality control hasn't been the best for the past few years. Even though Hermés products are painfully expensive, they do justify it, because they don't use shortcuts in manufacturing. Hermés could easily mass-produce the Kelly and Birkin by using machines, but they don't, they still make it by hand and by one artisan that takes two weeks to finish, just for one bag.
Hi Tanner! I have a Vintage Chanel Classic flap bag and I am thinking about selling it, because it is not my style anymore. Do you think the price will keep increasing or do you think now is a good time to sell it, because maybe the prices will drop again. :)
If the quality doesn’t increase, the Uber wealthy won’t pay for it. Especially with the flap bag still being associated with the “I wanna look rich crowd”.
@@aleeback38 without watching his assessment, I'm 100% sure it's not. Know that when Chanel launched it was a few hundred $s. Even if we count inflation and the fact that we are paying for the Chanel prestige is still stupidly over priced in my opinion. If you compare it to a Dior or YSL the gap is significant. But of course this is my personal opinion. 🤷🏼♀️
as you said i think Chanel's price increase is to price out those not truly their targeted customers so as to keep the brand's exclusivity. Imagine if Chanel only wants the richest 1% of the population to buy from them and these wealthy people got richer and richer every year (not even COVID would make any impact to them), then it makes sense to have these crazy price hikes every now and then so that only the top tier customers can afford their products. I stopped buying Chanel after Karl passed away. First, they have indeed priced me out.😂 Second, I found that I was more impressed with the brand when Karl was still there. Good for me to save some money. 😉
I went to the PEGAI website to look at the bags his company makes, but I did not see where the bags are made. Does anyone know? Plus, the Quality doesn't look as good as the bag he Destroys. I’m not justifying their prices. Just noticing some issues of comparison of Quality.
We made all our crafts in our workshop in Turkey since the beginning. As of this month we are starting our production in Ubrique Spain and soon most of them will be made there. All this info is on the about page. Thank you for your support
I used to think that owning a luxury bag was an unattainable dream, until *amzrepe* told me that this dream is actually very close. The sense of fashion comes not only from the brand, but also from personal matching and attitude.
I do not understand why people still buy Chanel with their rapidly declining and horrible quality. I mean Chanel super fakes are better quality that Chanel.
I once questioned a friend, lunching on Rodeo Dr, how she new that the gold-lame Chanel clutch that she'd spotted was a fake, asking "Was it the fact that both "C"s were facing in the same direction???" (She fell to the floor)
That defeats the true purpose, it’s meant to be a celebration of your own financial success, no longer care for costs of living Wearing a dupe is an everyday reminder you haven’t got there
The more they increase the more they are pushing the counterfeit market. If a bag costs £2000 I may think of buying it original, if the superfake is £500 as the difference does not justify it. But if it costs £5000 then I would consider a £1000 superfake a good investment because the price difference is higher and because the superfake producer now have enough budget to source good material and pay for good craftsmanship, reducing the quality gap to something indistinguishable to the vast majority of people.
Ilia kvalito ne estas malsupera al tiuj grandaj luksaj varoj. La fortikeco kaj atento al detaloj rivalas kun la originalaj dezajnistsakoj kaj mi ne povas kredi kiom mi ?paris. ?i estas la perfekta akcesora?o por iu ajn moda knabino! Mi certas, ke mi rea?etos iujn aliajn stilojn kaj kolorojn ?#kkuwan por kongrui kun miaj vesta?oj kaj ?uoj!
Every time I walk past Chanel nowadays, they’re empty. The SAs are on their phones or are talking to each other. I think a lot of people are just annoyed by this constant price increase when the quality of the bags have been declining.
The dissatisfaction regarding the continuous price hikes despite decreasing bag quality, reflects a growing frustration among consumers.
I agree with you. I can afford Chanel. But one of my goals is to never own anything from them. I think they are obnoxious and taking advantage of their customers. Also, i am not trying to impress anyone. In addition, i don’t think their bags are made well.
I agree. My leather strap is unequal and sewn badly.. I am conscious all the time to roll the strap to make sure it stays inside the bag. I watched reviews of people complaining about the chain&leather straps having the same flaw. It makes the bag look cheap.
Growing up, my mother had a few Chanel bags. Back in the days, such bags were to be worn on special occasions and for many year. People didn't buy high end new bags several times a year. I also have a couple. The last Chanel bag I purchased was over 10 years ago. Given the drastic price increase and the quality, I don't often consider Chanel. Take note that it's only the classic bags that are silly expensive. You can still get a Chanel 19 for half the price of the classic flap or 2.55. I don't consider bags as investments because I will never resell but for £10K, I would rather buy a watch or put the money towards another real-estate investment.
I think there are so many second hand Chanel bags on the market now that are much cheaper that their strategy won't work, Chanel does not resell for anywhere near the current new bag price, unlike Hermes bags which actually go for higher. But at the end of the day, it gets to a point that even the truly wealthy won't use a bag that screams how much money they spent on it because it makes them look too vulgar for spending that much on a bag. Bags somehow are still not in the same acceptable category for spending your money on as jewellery or watches.
So true!
In this day of high crime, the last thing I'd want is to look too rich in many public places.
When your handbag is over $10K, thieves don't just want what's inside your bag. It adds to risk.
I only have one basic, black Chanel shoulder bag, and I'll only use it in safe locations.
if u can spend 10k on a bag ur not going to be in high crime areas…
@@helenmoran6689 there are some very rich cities with high crime
La, ny, paris, etc...
Rolling my eyes at the latest Chanel strategy. Their bags aren't appealing to me. Toss in the conspicuous logo and its even more of a turn off. A few years ago about a year before the pandemic, the luxury brands were all putting out hideous plastic bags. One would have been better buying something at Walmart.
The prestige thing doesn't grab me. I love high quality and extremely practical combined that results in elegance. These days it seems that to get what I want, I will need to have someone make the bag for me with my own modifications that avoids the black hole scenario.
Luxury has always been about attaining the unattainable. Wealthy people don’t think about the purchase price because they don’t have to. It’s never been about quality is proportional to price, or material is proportional to price. It’s a status symbol for the wealthy. Has been throughout history. “I am in this strata, and you are not.” As soon as everyone has the bag, people carry fakes, or dupes are made, it defeats the purpose of setting the brand above all others. Just human nature. None of the bags in the luxury category are truly worth the value you are paying for them.. Hermes included. Hermes has literally played a psychological trick on people to entice them to do everything possible to get a bag that costs nothing to make. It’s a very interesting experiment int human psychology.
Absolutely, it is one of the largest and most public experiment of human psyche and I love watching and learning about it.
Starbucks does the same thing too. Their prices are higher than most cafes and ppl feel richer by having Starbucks and ppl assume that higher prices means higher qauilty, but it's the same coffee qauilty as a $1 MacDonald's coffee
@@tanner.leatherstein Uber luxury springs from the harrowing emptiness of the aimless, anchorless soul. Wealth is elusive to the wearer. A status symbol for the spiritless halfwit. There can be no experiment when there is nothing to experiment, but a sad commentary to a life lived wrong.
You can almost say that about everything in America. Its always about the perceived value. Tbh its all overvalued, from CEO wages, to brand names and luxury brands.
Great point and so true! Ridiculous!
Another major flaw is the lowering of their quality when it comes to their bags while increasing the prices. The quality just isn’t there in the hardware or in the make or leather of the bag.
You're absolutely right. The declining quality of designer bags, coupled with increasing prices, is indeed a significant concern.
Anyone who can afford a $12,000 bag without batting an eye will opt for any Hermes over Chanel. Personally, I'd like to see more individual artisans getting noticed for bespoke bags from choosing the leather to unique design to final hand-stitched finish. At one time, I noticed some interesting bespoke from Tanner-Krolle but they seem to have lost their luster and going back to being primarily a British luggage maker to the Royals. I have one of their old designs made in the style of a 15th century money bag, not bespoke but very different.
Great analysis. What are your thoughts on Chanel's 5 year limit on many repairs?I believe Hermes on top of better quality vs. Chanel does not have these limits. I know I'm not alone to say it's a deal breaker to charge 11k for a bag that in 5 years cannot be refurbished completely as needed. That means it's no longer heirloom quality but has an expiration date.
Great point. If you are charging that premium and claiming to one of the best brands out there, it is a shame to make rules to avoid accountability on the quality of your product.
@@tanner.leatherstein Thanks completely agree!
Not defending Chanel’s practices by any means, but want to add that five year limit doesn’t mean they won’t fix a handbag after that time frame. I recently sent in a bag that is 8 years old, barely worn, but got some mysterious discoloration on leather. They are fixing it for free.
Why not buy a YSL bag if you want something that can last 5 years for a reasonable price or get a Chanel vintage
It will rebound on them. Chanel & Hermès although heritage brands are very “done”. Old money will not buy into this. Look at someone like India Hicks - goddaughter of King Charles - who favours brands like Tusting or Lalage Beaumont. There’s kind of a reverse snobbery between the real, old-time elites who will distance themselves from ANYTHING that could be regarded as tacky - ie anything that represents an overt display of wealth. So far, Chanel has managed to straddle the rubicon between good taste and trend but they have over extended themselves.
Thank you for sharing your insight. Definitely interesting and I am curious to see how this will shape up for them...
Buying a bag for 10 000 euros that cost let’s be generous 500 to manufacture could be considered vulgar because it’s not intelligent and The company insults your intelligence when the profit margarines are too extreme. You risk being viewed at as the king without clothes. A bag will look sad not fresh just like shoes after a few years if you really use it as well while jewelry can be passed down for generations. People who say a bag is a good investment don’t know what they are talking about. Compared to other investments one can make its a terrible investment.
People also are afraid to wear too expensive things these days not to become a target of violent robbery so it’s better to stay moderate to fit in and stay safe.
@@jlind3891you obviously don’t understand pricing psychology and demand equilibrium.
Fair value is determined when the price meets market demand, not from production cost. An old house in London costs 100K euro to build, but has overwhelming demands at 1 mil euro. Then its true value is 1 mil not 100K regardless of how you feel.
Netflix rising monthly price from $9 to $15 but subscribers haven’t declined significantly. Means they can continue to raise price until the market stop accepting it. So do Chanel and Hermes
@@jlind3891it’s not that much to manufacture because super fakes have better quality. In fact they are glueing leather on espadrilles. If a super fake is $300-$500 and they make profit with better quality it’s less than that. Maybe that is how much it costs to make a YSL bag but not Chanel. Their bags keep falling apart
The bags also have an issue with counterfeiting too. One ofthe many reasons why I abhor these bags. Besides, n billionaires really touch any of this crap. Chanel's bags have always looked like cheap leather to me. Vuitton is the favored bag of call girls and chicken fry joints all over america. You wouldn't catch me dead seen carrying any of this crap. Everybody thinks the bags are all counterfeit anyway.
It will backfire, especially now when the Chinese market is expected to experience a major contraction.
I am curious to see how this luxury wars will evolve - we will watch and learn
The wealthy Chinese only wants Hermes now. They don’t even consider any other brands
I love that your are becoming so fast a luxury expert!
Thank you so much for your kind words!
I’d love to see a dissection on MOYNAT and BERLUTI. Both that still have quality to justify their price.
I’ve heard that a lot , of the quality of Chanel bags now aren’t the same good quality of before. Hermés has high prices but they have high quality items meanwhile, Chanel makes items that are good not excellent quality and yet they charge 5x the amount for it and that doesn’t make any sense. Before I wanted a Chanel flap as an investment piece but I would look at the second hand ones and the outside looks perfect,but the inside was all dirty and the leather peeling which for Chanel is surprising to see given their luxury status. It’s ridiculous how Chanel is making these price increases on their bags but yet not fixing the main problem- the quality . I’d rather just stick to their makeup and perfumes when it comes to Chanel .
I once found a Chanel bag at a thrift store but then later traded it for the ugliest bag without thinking twice. That’s one of my biggest regrets to this day.
Usually the thrift store finds are fake, so it might have been a fake anyway.
@@fordlafemmetrue, but never say never
The bag was a fake.
I have zero interest in overpriced brands and logos. If Chanel thinks they can boost their profitability by pricing out the aspirational middle class buyer, they're welcome to try. It's none of my concern. I would however be very interested to hear more about these artisanal leather goods makers you mentioned. I enjoyed hearing about your study trip to see Peter Nitz in Zurich, and it made me want to know where his pieces could be found for purchase, and who else is doing interesting work. It would be fun to see different design styles and find a maker whose pieces speak to me and which would feel worth the price.
Im able to buy just dont want to. I dont like wearing something with a LOT of counterfeit that not everyone can differentiate between fake or authentic. I'd rather wearing no-brand bag with good craftmanship
Looking forward to your Chanel flap bag review! I wonder if the quality is still as bad as previously. You’d think customers would demand high quality at the high price point.
Leather is somewhat unknown to the customer so assessing the quality and demanding better really hasn't been a thing so far. Customers took what brands said about their products so far.
It's so interesting to learn about why luxury brands make the marketing choices that they do. Ig if you're not in the target market it's really hard to comprehend the appeal of the markups and exclusivity tactics
Understanding the rationale behind luxury brands' marketing decisions can offer valuable insights into their consumer appeal and business strategies, especially for those outside of their target market.
They’re going to run Chanel into the ground. The first sign of this kind of business declining is their perfume. It’s the thing that produces the most money for them and it’s declining. The quality,longevity,artistry and even the packaging has been downgraded a significant amount. The thing that made Chanel Chanel was the luxury yet attainable price point. Coco set out to make her mark by altering how women dressed in their everyday lives. NOT by catering to a certain. EVERYBODY’s money was green. She’s one of the reasons women were even able to have bank accounts at that time. The point of all the fashion houses was to let anyone turn into the ad girl even if it was just for a night. Hermes who Chanel is trying to chase and copy managed to still maintain this while keeping their quality.
Those bags used to have gold and silver plated hardware…… it’s definitely not that any longer.
Quality has actually dropped, they used to use gold plated hardware. Plus there are plenty of videos of people buying bags at the boutique that are crooked, have twisted chains or even pop up stitches.
Everybody has it there is not exclusivity for that price point. There are still lots available in the preloved market it’s better to buy them instead if you really want to be a part of the crowd. The prices are just insane.
So the business plan is, sell a cheap product, but make it so expensive that everyone knows you are rich. Youd think people would be smarter than that.
And, today there's people out there like you, and it makes it all look ridiculous for people to spend a fortune on bags that are basically a decent quality but nothing more. The logo doesn't do it for me.
i should add that Hermes Kelly and Birkin and constantine appreciate at 14% per year on average making it seem judicious to buy; that has happened with some Chanel bags, too.
Well Buying bespoke always makes more sense ❤
100% agreed. You get something truly unique for the money. Instead of an overpriced status symbol made in a factory.
@@tanner.leatherstein Love from India . Bespoke quality can only be apprecited by those to want to impress themselves not others 🙂
Well said!@@soubhagyamahapatra6843
@@tanner.leathersteinplease make a video to show the difference between artisan leather goods vs factory-made luxury brand .
Screw luxury brands, rent is high, food prices are high!
Thing is the quality has declined plus the real money people they want are probably not purchasing anymore. And how can you increase prices and not offer gold hardware anymore? When the vintage is more impressive then you have a problem.
It bothers me that they are trying to shift their price model so drastically when the quality of the product isn’t being changed enough to justify the price increase. Charging more for an unchanged product is rotten in my opinion
I 100% agree!
I’m still trying to figure out why some ppl reference that buying a designer bag is because you want to “look” rich, I can give 2 craps about looking rich. I just love designer bags and I have the income to purchase them but I also would rather invest 10k than buy a bag for 10k even if I have the income to buy one. Just me.
I ‘d rather have an Hermes based on current Chanel pricing and just try my luck with the Hermes lottery appointments in Paris. Also don’t care to buy a lot to meet a quota. After all it is only a bag…not critical or essential to life. It is a nice to have. I think if you can find a good artisan and make a bespoke piece at an affordable price, I would definitely go for that instead. Style and quality is key, not brand. Don’t feel the need to impress people.
Can you please review TODS as well
Can we have another video on the bag you made for your wife? Maybe she can show it? That bag was just so awesome, I believe it deserves another video.
Thank you for the reference to the most special bag I have ever worked on. I will think about another video on that bag. Appreciate your support!
+1 I want to see more! Like how did that bag improve upon traditional shoulder bag construction other than the leather choice!
I could never afford them to begin with, but i have friends that can and they have stoped buying
I don't blame them. I would choose bespoke at those price points if I were into these bags
Didn’t make a video about your first LV about 6 months ago?
@MoniSandoval-he5ms not sure what you are asking, what exactly is the relevance of his making his 1st lv bag review, in this context?
And I thought $7,000 was already WACK. Everybody is trying to be Hermes. And Hermes looks ... mid. Like absolutely cannot be anymore normal than that.
i think that a better strategy would be to create bags at a higher level of quality and then slowly taper the production of other bags. Right now the fashion industry is having problems and only Hermes is rising above them.
They need to bring back the quality amd gold hardware
Yes, they really should!
The game of luxury brands
Mind games...
I am literally obsessed with your videos
I wish that u give ur opinion on Lino Perros bags.......
Chanel shouls remember that realy wealthy people are wealthy because they can manage money well. This PR debocle of declining quality and raised prices is well known and documented. The truly wealthy person who can afford a 12k bag would rather go to a preloved boutique and get the gold plated vintage chanels. No one who can afford a 12k bag would actuallt invest in a 12k bag. Maybe fix the quality issues and PR first then raise the prices? In my opinion.
i like lux bags but never like CC bag designs as cute i do love their other accessories
There are different type of wealthy people too. i am not sure if going after new money type wealth who really doesn't care how much their purses are just to have a photo on their IG is the kind of classy customer Chanel is really after if true to it's strategy or is it really just to hike the price to sell less for more.
There are only so many bags that the super rich can buy. So this is a related and major flaw. Chanel can possibly survive wth this strategy but they won't grow; they need the aspirational buyer and this is something Lagerfeld understood and exploited massively. But the macroeconomic conditions have changed and nobody wants to be caught out in a pretence of being rich, or being rich and making yourself a target for theft.
Long term Chanel is cooked if they don't supply real quality, this is something they are pretending to do but anyone can see it's cheaply put together from 'gold tone' onwards.
Please do a chanel or hermes bag reveal to show what’s underneath the surface of this high brands, to open people’s eyes🙏🏻
As Chanel prices are quickly rising to Hermes levels, I would definitely switch from Chanel to Hermes as the craftsmanship and prestige of Hermes are both higher than Hermes. Chanel is losing a lot of their middle-class customers (because they're priced out) and high-end customers (because they switch to Hermes) with the rapid price hikes.
with pre-spend (which is mandatory for the birkin and kelly) hermes is still 2-3x the price of chanel.
Sold my 2020 Chanel double flap on the 2nd-hand market, and upgraded to a Hermes Constance. I was disappointed in Chanel's quality, detail and was disillusioned by their lack of respect towards their customers. I was also disappointed in the brand insinuating they are on the same level as Hermes. Chanel isn't worth your hard-earned money as a an investment - however, buying a Hermes bag is! Chanel only has an excellent marketing ploy - but deliver on quality and craftsmanship they do not.
Can you review Givenchy Small Sugar Antigona..... its a humble request 😌 i would be grateful because i am thinking to buy that bag
Sorry but I never think that their handbags were really unique or attractive. Even if I have the money, I would never buy it. 😂
Interesting, Tanner! Let's see how it plays out. The whole game is absurd, but we humanoids are a crazy bunch!🥴😂❣️🌻
Indeed, we think we are so rational but than a bunch of smart people realize we are all about emotions and they play with those emotional buttons making us puppets :)
Chanel's bags are not in the same level as Hermés. Chanel mass produces its bags in a scale and fashion just like any other luxury brand. However, Chanel has decided that it wants to shamelessly increase its coveted 2.55 and Classic Flap to Hermés prices despite it's the same bag and same quality as before. Though there have been instances where Chanel's quality control hasn't been the best for the past few years. Even though Hermés products are painfully expensive, they do justify it, because they don't use shortcuts in manufacturing. Hermés could easily mass-produce the Kelly and Birkin by using machines, but they don't, they still make it by hand and by one artisan that takes two weeks to finish, just for one bag.
with pre-spend (which is mandatory for the birkin and kelly) hermes is still 2-3x the price of chanel.
Please make a python long wallet with gold zipper! Preferably in a turquoise color! I will be the first one to buy it! 🙂🙏🐍
Thank god I’ve always found Chanel bags ugly. How beautiful leather being perforated by crisscross stitches is aesthetic to some people is beyond me.
Hi Tanner! I have a Vintage Chanel Classic flap bag and I am thinking about selling it, because it is not my style anymore. Do you think the price will keep increasing or do you think now is a good time to sell it, because maybe the prices will drop again. :)
What do you think about Toteme T lock bag?
Will Chanel quality go up with the price increase because right now… it’s not good.
If the quality doesn’t increase, the Uber wealthy won’t pay for it. Especially with the flap bag still being associated with the “I wanna look rich crowd”.
it will backfire 🔥
Tanner,
What I think is that anyone who can't find a fabulous leather purse $100 or less is stupid.
That flap bag sitting behind you???? 😲🫣😬
Maybe :)
@@tanner.leatherstein🤯 will be waiting to find out if they’re worth it!
@@aleeback38 without watching his assessment, I'm 100% sure it's not. Know that when Chanel launched it was a few hundred $s. Even if we count inflation and the fact that we are paying for the Chanel prestige is still stupidly over priced in my opinion. If you compare it to a Dior or YSL the gap is significant. But of course this is my personal opinion. 🤷🏼♀️
Problem is the quality is not exceptional anymore, it’s gone downhill.
It is really disappointing that their quality has declined and yet their price still increased.
What was that flap bag behind u 🫣🤔
Joseph Duclos
What is that bag @ 0:14??😍😍
as you said i think Chanel's price increase is to price out those not truly their targeted customers so as to keep the brand's exclusivity. Imagine if Chanel only wants the richest 1% of the population to buy from them and these wealthy people got richer and richer every year (not even COVID would make any impact to them), then it makes sense to have these crazy price hikes every now and then so that only the top tier customers can afford their products. I stopped buying Chanel after Karl passed away. First, they have indeed priced me out.😂 Second, I found that I was more impressed with the brand when Karl was still there. Good for me to save some money. 😉
Chanel didn’t have a price increase recently. The price increase didn’t happen yet.
When I see someone with a Chanel bag (supposedly authentic) I immediately think they are wannabe’s no matter if they can afford it or not.
Quality down and prices up. Plenty of suckers who will still mortgage their souls for them, sadly.
Wealthy expenditures affect us taxpayers since we have to pay more taxes and pay for the ultra wealthy’s homes insurance especially waterfront…
I went to the PEGAI website to look at the bags his company makes, but I did not see where the bags are made. Does anyone know? Plus, the Quality doesn't look as good as the bag he Destroys. I’m not justifying their prices. Just noticing some issues of comparison of Quality.
We made all our crafts in our workshop in Turkey since the beginning. As of this month we are starting our production in Ubrique Spain and soon most of them will be made there. All this info is on the about page. Thank you for your support
I used to think that owning a luxury bag was an unattainable dream, until *amzrepe* told me that this dream is actually very close. The sense of fashion comes not only from the brand, but also from personal matching and attitude.
I do not understand why people still buy Chanel with their rapidly declining and horrible quality. I mean Chanel super fakes are better quality that Chanel.
I once questioned a friend, lunching on Rodeo Dr, how she new that the gold-lame Chanel clutch that she'd spotted was a fake, asking "Was it the fact that both "C"s were facing in the same direction???" (She fell to the floor)
Buy dupes, let the wealthy buy these overpriced crappy bags!
That defeats the true purpose, it’s meant to be a celebration of your own financial success, no longer care for costs of living
Wearing a dupe is an everyday reminder you haven’t got there
They are not Hermes. No thanks.
The more they increase the more they are pushing the counterfeit market. If a bag costs £2000 I may think of buying it original, if the superfake is £500 as the difference does not justify it. But if it costs £5000 then I would consider a £1000 superfake a good investment because the price difference is higher and because the superfake producer now have enough budget to source good material and pay for good craftsmanship, reducing the quality gap to something indistinguishable to the vast majority of people.
Whoa, whoa! If the Superfakes are made better, they'll be easily spotted in contrast to poorly made authentic Chanel!
Can i please get a pin........ i am ur biggest fan luv ur reviews please never stop making videos
Luxury items are for poor minded people
The chanel bag is not a luxury bag!!!! Hermès is the only hous of luxury.
I love #kkuwan that on the butterfly bag it says auguri / tanti auguri which means happy birthday
Amei todas as bolsas lindas e de muito bom gosto.Parabens #kkuwan 😘😘😘
KKUWAN is your partner in young people’s fashion journey
Ilia kvalito ne estas malsupera al tiuj grandaj luksaj varoj. La fortikeco kaj atento al detaloj rivalas kun la originalaj dezajnistsakoj kaj mi ne povas kredi kiom mi ?paris. ?i estas la perfekta akcesora?o por iu ajn moda knabino! Mi certas, ke mi rea?etos iujn aliajn stilojn kaj kolorojn ?#kkuwan por kongrui kun miaj vesta?oj kaj ?uoj!