October 01, 2021
Louis Vuitton just had its second price increase for 2021. October 01, 2021 a global price increase impacted pretty much all items across the board. Especially, the classics and the handbags from the permanent collection. Leather and canvas, newly released to classic items -nothing was safe or apparently off limits- to the percentage change.
Here are some of the items with their new vs old price tags.
The Speedy
Out of all of the classics, the Speedy gang took the biggest L. The Speedy in the monogram canvas retailed for $1,140 USD. The new price tag, $1,350. That is an 18% increase. The Speedy 30 also introduced itself to a 18% increase bringing it to $1,370 from $1,160.
The Neverfull
Unfortunately, the beloved Neverfull caught that smoke too. She was not spared. This classic increased anywhere between 8% to 11%. The GM now retails for $1760 and MM comes in at a solid $1690. The PM in monogram canvas, prior to the increase, retailed for $1460. The increase brought it up to $1620, which is approximately an 11% increase.
Other Popular Styles Affected
The Pochette Accessoires went from $790 to an astonishing $1,050. That is a 33 percent price increase! I remember when I brought mines for $540. Queue in the jaw dropping music.
The newly released Coussin saw a 10% price increase despite the bag being a new addition. The Coussin PM went from $3,550 to $3,900, while the MM jumped from $3,950 to $4,300.
The highly sought after Multi Pochette Accessoires retailed $1860. Now it just stares at you at a $2050 price point (15 percent).
Here are a few other…
- OntheGo monogram canvas
- GM from $2690 to $2790
- MM from $2530 to $2630
- Pochette Metis (12-15 percent)
- Monogram from $2050 to $2360
- Reverse monogram from $2100 to $2360
Louis Vuitton Starter Kit…even with the price increases
Check out my video on YouTube. In the video, I share some investment pieces that you should consider if you still wanted to dive into a Louis Vuitton luxury handbag collection..despite the price increases.