Analysis: How LVMH price hikes will reverberate throughout luxury
Inside Retail
FEBRUARY 21, 2022
The price hikes rolled out worldwide on 16 February. billion), representing 44 per cent growth over 2020. Traditionally, Louis Vuitton has adjusted prices for its bags up to three times a year. Also, perfumes, a new addition to the brand, will receive their first price adjustments since 2020 – hikes of 1 to 7 per cent.
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