Leather goods brand Dior has reportedly increased the price of its handbags in all markets, with increases ranging from 2% for some models to 14% for others, writes ILM. 

In the U.S., the Lady Dior mini has increased in price by around 4% from US$5,300 to US$5,500, while the small is up by 9% to US$6,000, the medium is up by 7% and the large has increased by 8%.

The Saddle bag, meanwhile, has increased its price by 5%, according to research by Pursebop.

Prices vary from country to country depending on market conditions and currency exchanges, with the increases coming into effect on July 5.