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Jul 3, 2024 · It’s never good news when prices on your favorite handbags rise, but Louis Vuitton clients likely can breathe a sigh of relief, for now, in light of what appear to be relatively light increases in 2024. On July 2, 2024, the global price adjustments ranged from 1.3% to 4% in the United States and [put in range for EU].
Feb 15, 2022 · “Pricing is a science and brands perform price decisions, in order to keep a coherent price architecture among and within product categories and across geographies.” LVMH’s fashion and leather goods sales jumped 47 per cent to a record €64.2 billion in 2021 despite ongoing disruptions, driven by momentum in the US and China, the company said in January.
Feb 15, 2022 · BEIJING, Feb 15 (Reuters) - Louis Vuitton, LVMH's top fashion brand, will raise prices globally on Wednesday as a result of increased manufacturing and transportation costs, a spokesperson for the ...
Feb 2, 2022 · It happened, Louis Vuitton increased its prices on the 16th of February 2022 for both canvas and leather bags and accessories. The price increases varied from 4% to 30% for some bags. Neverfulls, Almas and the Coussin bags were among the worst affected with an at least 20% price increase. Some Speedys seem to not be affected by the price ...
Feb 18, 2022 · On Thursday, Feb. 10, hundreds of Louis Vuitton workers staged a walkout from three of its 18 factories in France, claiming they do “fantastic work for pitiful salaries,” according to reports ...
Feb 15, 2022 · News of the price increases at Louis Vuitton sent LVMH stock prices up 3.58% on Tuesday, hitting an end-of-close high of $694. Follow me on Twitter . Check out some of my other work here .
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Feb 16, 2022 · Louis Vuitton, LVMH’s top fashion brand, will be raising prices globally a result of increased manufacturing and transportation costs, a spokesperson for the French luxury goods retailer in ...