If you’ve been waiting for the right time to snatch a Louis Vuitton, it’s now. Due to increased manufacturing and transportation costs, the prices of goods from LVMH’s most successful brand are set to be raised on Wednesday.
Following Chanel’s lead, the LV price hike will affect leather goods, accessories, fragrances, and more across its global stores — though there isn’t a set list of new prices yet. A statement to Reuters explained that the decision was a reflection of “production costs, raw materials, transportation as well as inflation.”
