Accourding to the latest reports Louis Vuitton are now raising the price's of there monogram collection and other leather goods due to the shortage and preparing for the Christmas rush.The increase will be of between 0% and 9%, depending on the bag.
The move also comes a fortnight after Louis Vuitton decided to close Parisian shops an hour early to conserve stock in the run-up to Christmas, while analysts believe the decision was made to bridge the gap between Asian prices and those in European countries in which the euro is not the currency.
The luxury brand has taken the measure because of rises in material prices such as leather and cotton, three months after issuing a 2% price increase in July.They (Louis Vuitton) admitted last week they had a pricing gap problem, with Japan and China too high vs Europe,” said luxury goods analyst Luca Solca at Bernstein in London.
What do we all think of this?Will it put us off buying the bags in the future or will we all stay commited to buying the Louis Vuitton brand?Even the Artsy GM has gone up from £1000 to £1040!Now I dont no weather ALL bags will be more expensive as for iv just seen the speedy 30 drop down to its orignal price of £415 so now im confused.Im sure we will all see the proper prices tommorow.My carryall which iv purchesed was £775 and has now dropped down to £770 and the keepall 45 with no strap is now £600!Now me personaly I will stay commited because it is one of the top brands and you do get what you pay for but im sure maybe a few people may have a diffrent opinion.
The move also comes a fortnight after Louis Vuitton decided to close Parisian shops an hour early to conserve stock in the run-up to Christmas, while analysts believe the decision was made to bridge the gap between Asian prices and those in European countries in which the euro is not the currency.
The luxury brand has taken the measure because of rises in material prices such as leather and cotton, three months after issuing a 2% price increase in July.They (Louis Vuitton) admitted last week they had a pricing gap problem, with Japan and China too high vs Europe,” said luxury goods analyst Luca Solca at Bernstein in London.
What do we all think of this?Will it put us off buying the bags in the future or will we all stay commited to buying the Louis Vuitton brand?Even the Artsy GM has gone up from £1000 to £1040!Now I dont no weather ALL bags will be more expensive as for iv just seen the speedy 30 drop down to its orignal price of £415 so now im confused.Im sure we will all see the proper prices tommorow.My carryall which iv purchesed was £775 and has now dropped down to £770 and the keepall 45 with no strap is now £600!Now me personaly I will stay commited because it is one of the top brands and you do get what you pay for but im sure maybe a few people may have a diffrent opinion.
Last edited: