Chanel vs Louis Vuitton (2024)

Chanel and Louis Vuitton are two of the most prominent fashion houses in the world. Both have a rich history originating in France producing luxury handbags, luggage, and fashion in iconic designs which continue to command a huge presence in the grandeur market.

History

Chanel was founded in 1910 by Gabrielle Coco Chanel, and she originally took the market by storm with her innovative “ready to wear” fashion for women. Her vision traded items such as corsets and petticoats for a far more comfortable and functional wardrobe, in colours of black, grey, and navy which had traditionally been used in men’s clothing. It wasn’t until the 1920s that the Chanel 2.55 handbag was introduced, the legendary design featured a quilted pattern and chain strap which are symbolic of the brand today.

A Chanel double flap classic handbag

Sold for £4,100

Louis Vuitton founded his luxury luggage and trunk firm in 1854, where he earned his place in history with the revolutionary stackable flat-top trunk; lightweight and waterproof featuring an unpickable spring buckle lock, still used today. They introduced the now world-famous LV monogrammed canvas in 1896 which is synonymous with the brand.

While both brands have an affluent history, they continue to have huge global appeal for very different reasons. Chanel symbolises traditional and sophisticated, while Louis Vuitton has collaborated with several artists over the years to produce a luxury streetwear aesthetic.

An early 20th century Louis Vuitton trunk, the lid with a brass plaque inscribed 'Princess Victoria of Schleswig Holstein'

Sold for £8,000

Materials, Durability & Usability

Chanel often uses premium materials such as calfskin or lambskin, as well as caviar leather and tweed for their bags, which ensures that they remain soft and supple for years to come. It is worth noting that some of these materials are more susceptible to scratches and should be handled with care. The quilted pattern is a signature element of many Chanel bags, and helps the bag keep its’ shape, they often feature the instantly recognisable iconic interlocking CC logo. Inside, they focus on simplicity and space, so additional accessories are sometimes needed to keep things organised.

Louis Vuitton offers a variety of high-quality materials other than the monogram/ebene/azur canvas, including Epi leather, Vernis leather, Taiga leather and many more. Popular for their hardwearing properties and craftsmanship, they stand up well against daily wear. The canvas used is coated to resist water and scratches, offering additional protection. They have a much wider range than Chanel, varying from classic, to bold and avant-garde, this affords them the ability to cater to more tastes. Louis Vuitton bags also traditionally offer a wide range of compartments and storage areas within the bag, making them an excellent travel or day-to-day bag.

Although both brands offer repair services for their bags, Chanel’s offerings are more limited when comparing to Louis Vuitton.

Louis Vuitton - Ellipse MM bag

Sold for £320

Pricing & Value

Louis Vuitton bags carry a premium price tag but are considerably more affordable than Chanel. A Chanel bag at retail can demand almost six times the price of a similar offering from Louis Vuitton, which makes LV appeal to a wider audience. Both iconic brands will hold their value in the resale market, but if you consider that Chanel increases their already hefty price tags quite steeply at least twice a year, the value retained will appear greater for a Chanel.

Both luxury brands are a worthwhile investment, and both will appeal to their audience for different reasons, the timeless sophistication and simplicity of a Chanel bag versus the more durable elegance of a Louis Vuitton, either way – you can’t go wrong.

For those with an eye for all things Chanel, Louis Vuitton, Dawsons have a Luxury Handbags and Fashion auction on 23rd August (09:30 start, BST). We are currently accepting consignments for this sale, and our specialists would be happy provide a complimentary valuation should you be thinking of selling any Chanel or Louis Vuitton.

read more:

Which Luxury Handbags have the Best Resale Value?

How Can You Tell if a Louis Vuitton Bag is Vintage?

Are you thinking of selling any Chanel or Louis Vuitton handbags, luggage, or fashion?

With a global audience of millions, Dawsons can help you achieve maximum worth at auction.

Get in touch with one of our experts today, we would be delighted to hear from you.

0207 431 9445 / info@dawsonsauctions.co.uk

Chanel vs Louis Vuitton (2024)

FAQs

Is Chanel higher than Louis Vuitton? ›

Louis Vuitton bags carry a premium price tag but are considerably more affordable than Chanel. A Chanel bag at retail can demand almost six times the price of a similar offering from Louis Vuitton, which makes LV appeal to a wider audience.

Is Hermes more luxury than Chanel? ›

Hermès vs Chanel: Retail Prices

Both Hermès and Chanel's starting prices for bags are in the thousands of dollars, with Chanel's most affordable offering at $1,700. Hermès prices are overall higher, with Birkin prices starting at over $9,000.

Which is more expensive, Hermes or Louis Vuitton? ›

All Hermes, Chanel, and Louis Vuitton are ultra-expensive. Yet, Hermes has been consistently declared to be the priciest among all. On average, a typical Hermes handbag will already cost you over $1800, and the price range continues to soar to a remarkable degree up to now.

Which is better, Gucci or Chanel? ›

Whether you choose Gucci or Chanel ultimately depends on your budget and what you want in a handbag. Chanel is the way to go if you're after a timeless piece that will hold its value. However, Gucci is an excellent choice for a stylish, high-quality bag that offers more affordability.

What is the top 10 luxury brands? ›

The Top 10 Most Popular Luxury Brands of 2024 (So Far)
  1. Louis Vuitton. Louis Vuitton, a stalwart in the luxury market, continues to lead in 2024. ...
  2. Gucci. In the world of luxury, Gucci stands as a beacon of innovation and eccentricity. ...
  3. Chanel. ...
  4. Hermès. ...
  5. Prada. ...
  6. Rolex. ...
  7. Dior. ...
  8. Yves Saint Laurent.
Apr 4, 2024

Is Louis Vuitton the most luxurious brand? ›

LVMH (Louis Vuitton Moet Hennessy) was the most valuable luxury brand in the world, with a brand value of about 124.8 billion U.S. dollars in 2023. The LVMH Group's total revenue for the 2023 fiscal year was about 86 billion euros.

Who is Louis Vuitton's biggest competitor? ›

Below we look at the top 11 competitors of Louis Vuitton.
  • Ralph Lauren: ...
  • Prada: ...
  • Zara: ...
  • Gucci: ...
  • Hugo Boss: ...
  • Hermès: Hermès by Thierry Hermès is a French high fashion luxury goods manufacturer and started with producing saddle in 1837. ...
  • Versace: Versace was found in 1978 by Gianni Versace in Milan, Italy. ...
  • Valentino:

Why is Chanel so much more expensive? ›

Chanel bag prices are a reflection of not just their luxurious status, but also the meticulous effort invested in their production. The high-quality materials and associated labor costs contribute to their elevated price points, reinforcing their status as luxury items.

Is Chanel more expensive than Birkin? ›

Price + Value

Chanel bags, for example, have always tended to be more “affordable” than a Birkin, which regularly ventures out of the five (or more) figure mark. But recent price increases have put the Classic Flaps and 2.55s above the $8,000 range.

What is the rarest handbag in the world? ›

The ravishing Hermès Himalaya Birkin bag is considered the Holy Grail in a handbag collection, while the Himalaya Kelly bag is fabled as 'The Rarest Handbag in the World'. How did this handbag achieve such cachet?

Which is the most expensive luxury brand? ›

Top 20 Expensive Clothing Brands
  • Chanel. When one thinks of timeless chic and understated elegance, Chanel comes to mind. ...
  • Louis Vuitton. One of the most renowned brands in the world, Louis Vuitton is known for luxurious leather goods and monogrammed bags that are classics. ...
  • Gucci. ...
  • Versace. ...
  • Prada. ...
  • Dior. ...
  • Hermes. ...
  • Fendi.
Jun 6, 2024

What's the most expensive handbag in the world? ›

The Mouawad 1001 Nights Diamond Purse reigns supreme as the world's most expensive handbag, commanding a staggering $3.8 million. This iconic masterpiece is crafted from 18-karat gold and bedecked with an astonishing 4,517 diamonds, including rare yellow and pink diamonds, exuding unparalleled luxury and opulence.

What brand is higher than Chanel? ›

Gucci and Louis Vuitton are the most popular luxury fashion brand in the United States, followed by Chanel and Dior.

Is Chanel a high end brand? ›

Chanel's success as a high-end fashion brand is tied to different factors. One of them is the Unique Selling Proposition (USP). Chanel is known for timeless, comfortable, ready-to-wear fashion, also known as prêt-à-porter, which is of high quality with an aura of elegance and classic style.

What rank is Louis Vuitton brand? ›

The Top 34 Most Popular Luxury Brands
Luxury Brand RankingCountryWebsite
1. HermèsFranceShop Now
2. PorscheGermanyShop Now
3. ChanelFranceShop Now
4. Louis VuittonFranceShop Now
30 more rows

Is Chanel owned by Louis Vuitton? ›

Who owns Chanel? The Wertheimer family. But, who are they? One of the few luxury fashion houses not amassed by conglomerates LVMH or Kering, Chanel has been privately owned by the Wertheimer family for almost a century.

Where is Chanel ranked? ›

Luxury & Premium 2024 Ranking
20242023Name
33Chanel
45Hermès
54Gucci
66Dior
6 more rows

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