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Louis Vuitton is another fashion house that has increased its prices in 2022 – here’s all the information you need to know about the recent price hikes.
As with many luxury brands, Louis Vuitton announced its most recent price adjustment in February 2022, only a few months after the previous increase last year, in October 2021. Keep reading to find out how much more your favorite LV handbag will cost you, and why the price of some models of handbags is increasing.
Louis Vuitton Price Increase In Short
Luxury fashion houses will regularly increase the price of their goods, often to keep in line with global inflation. However, 2021 and 2022 have seen a higher-than-average increase in the price of fashion accessories across many luxury labels, Louis Vuitton being one of these.
The prices of Louis Vuitton items have seen a typical increase of between 5 and 20%. Some of the most popular styles have seen the biggest price increases – for example, the Pochette accessories range has seen a 23 percent increase, while the Capucines range grew an enormous 30-40% (in USD)!
This is bad news for new luxury customers looking to get their hands on some of the most iconic Louis Vuitton products (but of course good for anyone looking to sell). The Gen Z generation has played an important role in the recent growth of the Louis Vuitton brand, but it looks as though many Gen Z shoppers are going to find it more difficult to afford Louis Vuitton goods after this price increase.
If you’re looking for accurate price increase details for the most popular bags in $, £, or €, keep reading to find out more.
New Louis Vuitton Handbag Prices
Prices in USD
| Handbag | October 2021 Price | February 2022 Price | % Difference |
| Neverfull PM | $1,620 | $1,960 | 21% |
| Neverfull MM | $1,690 | $2,030 | 20% |
| Neverfull GM | $1,760 | $2,100 | 19% |
| Speedy 25 | $1,350 | $1,490 | 10% |
| Speedy 30 | $1,370 | $1,550 | 13% |
| Speedy 35 | $1,390 | $1,620 | 17% |
| Speedy 25 Bandoulière | $1,690 | $1,820 | 8% |
| Speedy 30 Bandoulière | $1,740 | $1,890 | 9% |
| Speedy 35 Bandoulière | $1,800 | $1,960 | 9% |
| Capucines MM | $5,350 | $7,450 | 39% |
| Coussin BB | $3,900 | $4,450 | 14% |
| Coussin PM | $3,900 | $4,700 | 21% |
| Coussin MM | $4,300 | $5,400 | 26% |
| Pochette Metis Monogram | $2,360 | $2,570 | 9% |
| Pochette Accessoires | $1,050 | $1,290 | 23% |
| Multi Pochette Accessoires Monogram Canvas | $2,360 | $2,570 | 9% |
| Palm Springs Mini | $2,300 | $2,440 | 6% |
| Alma BB | $1,620 | $1,760 | 9% |
| Alma PM | $1,820 | $1,960 | 8% |
| Onthego MM Monogram Canvas | $2,840 | $3,100 | 9% |
| Onthego GM Monogram Canvas | $3,100 | $3,250 | 5% |
Prices in GBP
| Handbag | October 2021 Price | February 2022 Price | % Difference |
| Neverfull PM | £1,130 | £1,360 | 20% |
| Neverfull MM | £1,180 | £1,410 | 19% |
| Neverfull GM | £1,220 | £1,450 | 19% |
| Speedy 25 | £940 | £1,030 | 10% |
| Speedy 30 | £995 | £1,080 | 9% |
| Speedy 35 | £970 | £1,130 | 16% |
| Speedy 25 Bandoulière | £1,180 | £1,270 | 8% |
| Speedy 30 Bandoulière | £1,210 | £1,310 | 8% |
| Speedy 35 Bandoulière | £1,250 | £1,360 | 9% |
| Capucines MM | £4,250 | £5,150 | 21% |
| Coussin BB | – | £3,100 | – |
| Coussin PM | £2,730 | £3,300 | 21% |
| Coussin MM | £3,000 | £3,750 | 25% |
| Pochette Metis Monogram | £1,650 | £1,780 | 8% |
| Pochette Accessoires | £755 | £890 | 18% |
| Multi Pochette Accessoires Monogram Canvas | £1,650 | £,1780 | 78% |
| Palm Springs Mini | £1,600 | £1,690 | 6% |
| Alma BB | £1,130 | £1,220 | 8% |
| Alma PM | £1,270 | £1,360 | 7% |
| Onthego MM Monogram Canvas | £1,780 | £2,160 | 21% |
| Onthego GM Monogram Canvas | £2,070 | £2,250 | 9% |
Prices in EUR
| Handbag | October 2021 Price | February 2022 Price | % Difference |
| Neverfull PM | €1,200 | €1,450 | 21% |
| Neverfull MM | €1,250 | €1,500 | 20% |
| Neverfull GM | €1,300 | €1,550 | 19% |
| Speedy 25 | €1,000 | €1,100 | 10% |
| Speedy 30 | €1,020 | €1,150 | 13% |
| Speedy 35 | €1,030 | €1,200 | 17% |
| Speedy 25 Bandoulière | €1,250 | €1,350 | 8% |
| Speedy 30 Bandoulière | €1,290 | €1,400 | 9% |
| Speedy 35 Bandoulière | €1,330 | €1,450 | 9% |
| Capucines MM | – | €5,500 | – |
| Coussin BB | – | €3,000 | – |
| Coussin PM | €2,900 | €3,500 | 21% |
| Coussin MM | €3,200 | €4,000 | 25% |
| Pochette Metis Monogram | €1,750 | €1,900 | 9% |
| Pochette Accessoires | €800 | €950 | 19% |
| Multi Pochette Accessoires Monogram Canvas | €1,750 | €1,900 | 9% |
| Palm Springs Mini | €1,700 | €1,800 | 6% |
| Alma BB Monogram | €1,200 | €1,300 | 8% |
| Alma PM Monogram | €1,350 | €1,450 | 7% |
| Onthego MM Monogram Canvas | €2,100 | €2,300 | 10% |
| Onthego GM Monogram Canvas | €2,200 | €2,400 | 8% |
Why has there been a price increase?
The Louis Vuitton price hikes are said to have been due to an increase in production costs, more expensive raw materials, and higher transportation costs. Overall, this has led to higher manufacturing costs, and therefore the price of Louis Vuitton goods has had to be increased.
Despite the challenging years of the coronavirus pandemic, Louis Vuitton has had a record year in terms of sales. Customers have been able to save more money after not being able to spend money on meals out or traveling during the pandemic lockdowns.
These savings are then often being spent on investment luxury goods, such as Louis Vuitton handbags that are readily available to be purchased online, unlike some of their competitors like Chanel. Since Louis Vuitton has had a great year in the luxury market, they can justify this price change because they know their loyal customers will continue to buy these luxury goods.
Alternative ways to buy Louis Vuitton bags
For lovers of luxury goods, the best place to find great deals on Louis Vuitton bags is going to be on resale sites.
Louis Vuitton is a very popular brand across the United States, Europe, and Great Britain so there is always a great selection of LV products on sites such as Fashionphile and Vestaire Collective.
the pochette metis
The Louis Vuitton Pochette Metis is one of the handbags that has got a new higher price, so buying it on a resale site is a great idea.
This scarlet Pochette Metis is made from supple leather and embossed with the iconic LV monogram. The top handle and adjustable shoulder strap mean it’s super versatile too – just perfect!
the speedy
Another benefit of being from a resale site is that you are able to get your hands on popular, now discontinued bags – such as the Stephen Sprouse graffiti Speedy bag. The already memorable Speedy bag received a makeover by the American fashion designer to create this eye-catching, limited edition version of the Speedy. The 30 size is also the perfect spacious top handle bag, with a hanging pocket to help you remain organized.
the neverfull
The Neverfull is a fan favorite at Louis Vuitton and it’s clear to see why. This functional tote is not only the perfect bag for any time in your life, but it also looks stunning.
This black leather is embossed with the LV monogram to give the bag a sleek finish – one that is accentuated by the glistening gold hardware – gorgeous!
We hope you found this article on the Louis Vuitton price increase in 2022 helpful! For most posts on luxury fashion, check out the links below.
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