Breaking news, LV lovers!
Everyone’s favorite French luxury brand Louis Vuitton raised retail prices about 4% on their iconic canvas handbags including the Artsy, Speedy, Neverfull, Pochette Metis, Pochette Felicie, Favorite, and NeoNoe. In this post, you’ll learn how often LV increases their retail prices and you’ll find a current price list for Louis Vuitton’s most popular bags.
Louis Vuitton Increases Retail Prices Of Popular Bags
It’s no secret that luxury mega-brand Louis Vuitton handbags go up in value. Our expert sources say LV does two price increases per year (usually in February and October). They also maintain limited quantities of products in store and on their website (exclusivity + high demand = luxury brand success).
Demand for Louis Vuitton has skyrocketed in the last year with the success of the Supreme collaboration and the resurgence of the Monogram (apparently millennials love LV too!). As the brand gets more popular, LV tries to push the envelope with limited edition collaborations and even higher quality handbags and small leather goods… while these things are very exciting for LV lovers, it means that prices go up.
At Yoogi’s Closet we’re a bit biased, but we think this makes buying pre-owned even more enticing. We regularly list New and Like New current season Louis Vuitton bags. If you’re lusting after a Speedy Bandouliere 30, you might have more luck scoring pre-owned on Yoogi’s Closet than one in the store. Desperate for a Neverfull but really want a DEAL? You’ve come to the right place.
Before we dive in to the price changes, a quick background on pricing: Louis Vuitton retail prices differ based on material and size for example, an all leather Empreinte Speedy bag has a different price than a Monogram canvas bag, and a Speedy 25 has a different price than a Speedy Bandouliere 25.
According to our resident Louis Vuitton expert, LV didn’t increase the price on every product. Instead, they rolled out a batch of increases for some of the most popular recurring styles (Speedy, Neverfull, Alma) and some newer popular bags (NeoNoe, Pochette Metis, Favorite).
Our team did the research and compiled the bags that had their prices increased, then compared retail prices from last month (January 2018) to current retail prices (February 2018) after the price increase. Let us know if we missed any styles in the comments at the end of this post.
Louis Vuitton Retail Price List
Use this chart as a guide to reference old versus new Louis Vuitton retail prices for the prices that increased for Monogram and Damier Ebene/Azur bags (as of February 28, 2018) in US dollars.
Do price increases make you more likely to buy new, pre-owned or vintage Louis Vuitton? Let us know in the comments or on Facebook.