According to Forbes, Dior is the most popular luxury brand of 2023. When a brand is popular and still wanting to stay true to its luxury roots, the prices need to echo the market. This guide will look into the recent Dior price increases as of July 2023.
The first thing to note is that the price increase is not consistent across the board. So, let’s delve into the different price increases at Dior and what may have caused them
The Dior Price Increase 2023
The price jumps fluctuate from one country to another. These figures showcase the Dior price increase in the USA.
The Dior price increases shown above are just a few examples of how the prices have risen. There are a number of other bags and products that have also seen a price increase.
While some items have had a price increase of as little as 2%, others have gone up by over 10%.
Why Has Dior Increased Its Prices?
Brands regularly update their pricing to match the state of the economy. Global inflation is one of the main factors that contributes towards a steeper price increase. Dior certainly isn’t the only luxury brand to revise its prices, Chanel increased its prices in May of 2023.
Inflation affects the price of production. When the price of raw materials increases, so does the cost of the final product. Higher quality items generally have a price tag to match.
When Christian Dior founded his eponymous label, it was always intended as a luxury maison. Luxury brands typically sell products that have high manufacturing costs. Not only do quality raw materials cost more, but the lower quantity of products produced is also a more expensive path.
Due to a limited supply and high demand, it is no wonder that Dior has increased its prices. This is how luxury brands maintain exclusivity.
The Best Dior Bags To Buy In 2023
The best designer item to buy is always the one that has been at the top of your wishlist for the longest. However, if you are struggling to land on one particular Dior accessory, there are the best Dior accessories to buy in 2023.
1. Lady Dior
The Lady Dior bag came out in 1994 in honor of Diana, Princess of Wales. It was originally named ‘Chouchou’, which means ‘favorite’ in French. The structured bag was renamed after Diana’s passing, as she had been a fan and wearer of the bag.
The bag has all the hallmarks of Dior, with the signature cannage stitching and logo charm detailing.
2. Book Tote
The Book Tote from Dior is as beloved now as it was when it was first released in 2018. The practicality and intricate embroidery make for the perfect roomy bag with as much functionality as it has style.
3. Saddle Bag
Equestrian lovers unite. The Saddle Bag from Dior has a unique and instantly recognizable silhouette. Created by John Galliano, the Saddle Bag is intrinsically Dior and perfect for aficionados of all things Y2K.
Is Dior Worth The Price?
Yes! For luxury lovers, Dior is one of the ultimate and most coveted brands of 2023. Many of the designs are timeless, so you’ll be able to love them for longer.
One of the benefits of Dior prices going up is that customers are more likely to look to the resale market to make their purchase. So, if you buy a Dior item and decide to sell it in a few years, you are in a good position.
However, this is dependent on the condition you keep it in. It is also worth keeping the receipt, papers, and box to ensure the item retains as much value as possible. Often, limited-edition Dior bags that are harder to source are more likely to sell for more.
The quality of Dior accessories matches the price point. Dior accessories are not mass-produced and they require expert craftsmanship to create.
Where To Buy Dior For The Best Price?
If the price increases are not within your budget, the resale market is a great option. myGemma has a wide range of designer brands, including Dior. Find everything from limited-edition and hard-to-source designs to the classic styles.
myGemma’s arsenal of expert authenticators ensure each and every piece is assessed for authenticity.
Where Can I Sell My Dior Accessories Online?
myGemma offers the full 360° resale experience. Buy designer accessories, from watches to jewelry to bags, at prices you’ll love. Sell the luxury items you no longer love.
Selling to myGemma is convenient, easy, and you can get paid in as little as 24 hours after filling out our online form. That's because we buy your items directly. We provide honest price quotes, and there are no fees or commissions deducted from your final offer.
