ALL YOU NEED TO KNOW ABOUT THE LOUIS VUITTON PRICE INCREASE
Posted onLouis Vuitton, one of the top iconic brands in the luxury conglomerate LVMH, announced on February 16 that it would be starting to raise prices on leather goods, accessories, and fragrances worldwide.
The price increase announcement came amidst increasing manufacturing costs and global inflation. Louis Vuitton told Reuters, "The price adjustment takes into account changes in production costs, raw materials, transportation as well as inflation."
The February 2022 price hikes vary depending on the product. According to Purseblog, the Speedy bags increased in price by 10% - 17%. The accessible entry-level Louis Vuitton Pochette Accessoires increased by 23%, from $1,050 to $1,290. The classic Neverfull collection also saw significant increases from 16% to 20% across all the sizes.
Refer to this table below for a full breakdown of the Louis Vuitton February 2022 price increase.
Louis Vuitton February 2022 Price Increase
|
Bag
|
Price Before (USD)
|
New Price (USD)
|
New Price (CAD)
|
|
Speedy 25 Monogram Canvas
|
$1,350
|
$1,490
|
1,900 CAD
|
|
Speedy 30 Monogram Canvas
|
$1,370
|
$1,550
|
1,980 CAD
|
|
Speedy 35 Monogram Canvas
|
$1,390
|
$1,620
|
2,070 CAD
|
|
Speedy 40 Monogram Canvas
|
$1,410
|
$1,690
|
2,150 CAD
|
|
Speedy Bandoulière 25 Monogram Canvas
|
$1,690
|
$1,820
|
2,330 CAD
|
|
Speedy Bandoulière 30 Monogram Canvas
|
$1,740
|
$1,890
|
2,410 CAD
|
|
Speedy Bandoulière 35 Monogram Canvas
|
$1,800
|
$1,960
|
2,500 CAD
|
|
Neverfull PM Monogram Canvas
|
$1,620
|
$1,960
|
2,500 CAD
|
|
Neverfull MM Monogram Canvas
|
$1,690
|
$2,030
|
3,900 CAD
|
|
Neverfull GM Monogram Canvas
|
$1,760
|
$2,100
|
2,670 CAD
|
|
Pochette Accessoires Monogram Canvas
|
$1,050
|
$1,290
|
1,640 CAD
|
|
Mini Pochette Accessoires Monogram Canvas
|
$540
|
$745
|
950 CAD
|
|
Pochette Métis Monogram Canvas
|
$2,360
|
$2,570
|
3,250
|
|
Palm Springs Mini
|
$2,300
|
$2,440
|
3,100 CAD
|
|
Palm Springs PM
|
$2,430
|
$2,570
|
3,250 CAD
|
|
Palm Springs MM
|
$2,570
|
$2,710
|
3,450 CAD
|
|
Onthego MM Monogram Canvas
|
$2,840
|
$3,100
|
3,950 CAD
|
|
Onthego GM Monogram Canvas
|
$3,100
|
$3,250
|
4,150 CAD
|
|
Men’s Monogram Eclipse Trio Messenger
|
$2,360
|
$2,500
|
3,200 CAD
|
|
Pochette Coussin
|
$2,570
|
$2,840
|
3,600 CAD
|
|
Coussin PM
|
$3,900
|
$4,700
|
6,050 CAD
|
|
Coussin MM
|
$4,300
|
$5,400
|
6,900 CAD
|
