18 February 2022

A spokesperson for Louis Vuitton in China, speaking to Reuters, revealed that the fashion brand will raise prices this week as a result of increased manufacturing and transportation costs, reports ILM.

The price increases will reportedly affect Louis Vuitton stores worldwide and will cover leather goods, fashion accessories and perfumes.

“The price adjustment takes into account changes in production costs, raw materials, transportation as well as inflation,” the label said.

Bloggers on Chinese social media, without citing sources, have said that the price of some models of handbags such as Capucines and Neverfull, now priced at RMB46,500 (US$7,323) and RMB12,000 (US$1,890) respectively, would rise by 20% or more in China.

Meanwhile, luxury market tracking website PurseBop speculated that increases could appear between 4% at the lower end and as much as 15-18% at the higher end.

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。   我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

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