Louis Vuitton Price Increase 2022
First Chanel, then Hermes, now Louis Vuitton, fashion God’s say it ain't so!
Louis Vuitton just announced this week that it will be raising their prices in response to increased manufacturing costs, transportation costs and inflation in the global market. Which means Louis Vuitton all over the world will be affected. This price increase will affect leather goods, fashion accessories and perfumes. Every item has its own price increase, averaging an overall price increase of 20%. Even though in 2021, Louis Vuitton had a strong fourth quarter and they had a record revenue of 71.5 Billion USD - which is a 40% increase over last year.
“The price adjustment takes into account changes in production costs, raw materials, transportation as well as inflation,” Louis Vuitton CEO Bernard Arnault said in a statement to Reuters.
Brace yourself, the chart below contains sad content for all Louis Vuitton lovers.
|
New Louis Vuitton Prices 2022 (Listed in USD) |
||
|
Style |
Old Price |
New Price |
|
Pochette Accessoires Monogram Canvas |
$1050 |
1290 |
|
Mini Pochette Accessoires Monogram Canvas |
$540 |
$745 |
|
Multi Pochette Accessoires Monogram Canvas |
$2570 |
N/A |
|
Pochette Métis Monogram Canvas |
$2360 |
$2570 |
|
Speedy 25 Monogram Canvas |
$1350 |
$1490 |
|
Speedy 30 Monogram Canvas |
$1370 |
$1550 |
|
Speedy 35 Monogram Canvas |
$1390 |
$1620 |
|
Speedy 40 Monogram Canvas |
$1410 |
$1690 |
|
Speedy Bandoulière 25 Monogram Canvas |
$1690 |
$1820 |
|
Speedy Bandoulière 30 Monogram Canvas |
$1740 |
$1890 |
|
Speedy Bandoulière 35 Monogram Canvas |
$1800 |
$1960 |
|
Neverfull PM Monogram Canvas |
$1620 |
$1960 |
|
Neverfull MM Monogram Canvas |
$1690 |
$2030 |
|
Neverfull GM Monogram Canvas |
$1760 |
$2100 |
|
Palm Springs Mini |
$2300 |
$2440 |
|
Palm Springs PM |
$2430 |
$2570 |
|
Palm Springs MM |
$2570 |
$2710 |
|
Onthego MM Monogram Canvas |
$2840 |
$3100 |
|
Onthego GM Monogram Canvas |
$3100 |
$3250 |
|
Men’s Monogram Eclipse Trio Messenger |
$2360 |
$2500 |
|
Pochette Coussin |
$2570 |
$2840 |
|
Coussin PM |
$3900 |
$4700 |
|
Coussin MM |
$4300 |
$5400 |
Bag addicts what do you think of the Louis Vuitton Price Increase?
Leave a comment