Earlier this week, the internet was abuzz with speculation of yet another Louis Vuitton price increase, and today, it’s here. This price increase is the second in mere months, following the brand’s last price increase of 2021, which happened in October. For lovers of luxury goods, price increases are par for the course, and Louis Vuitton isn’t the only luxury brand to increase its prices since the start of the coronavirus pandemic. Hermès and Chanel have also continuously hiked its prices, often citing inflation and supply chain issues.

A spokesperson for the storied French luxury brand told Reuters that this increase is due in large part to “changes in production costs, raw materials, transportation as well as inflation.” Despite the ongoing global pandemic, the demand for luxury goods has continued to climb, allowing brands to justify the continued price hikes.

Right now, it seems that the price increase is impacting nearly all bags and accessories. Some of the brand’s most popular monogram bags, ones that are iconic choices for first-time buyers, are seeing big hikes. The Speedy family saw increases of anywhere from 10%-17%. The Speedy 25 will now set you back $1,490 from $1,350, while the 35 increased to $1,620 from $1,390. The beloved Louis Vuitton Pochette Accessoires, once accessible for those wishing to start their collecting journey, just increased in price from $1,050 to $1,290, a major hike of 23%. The Neverfull family also saw pretty big increases across all sizes, anywhere from 16% to 20%.

Check out some of the increases below on popular bags from Louis Vuitton and join the chatter going down right now on tPF here.

New Louis Vuitton 2022 Bag Prices

Bag Old Price New Price 2022
Pochette Accessoires Monogram Canvas $1,050 $1,290
Mini Pochette Accessoires Monogram Canvas $540 $745
Multi Pochette Accessoires Monogram Canvas $2,570 No Increase
Pochette Métis Monogram Canvas $2,360 $2,570
Speedy 25 Monogram Canvas $1,350 $1,490
Speedy 30 Monogram Canvas $1,370 $1,550
Speedy 35 Monogram Canvas $1,390 $1,620
Speedy 40 Monogram Canvas $1,410 $1,690
Speedy Bandoulière 25 Monogram Canvas $1,690 $1,820
Speedy Bandoulière 30 Monogram Canvas $1,740 $1,890
Speedy Bandoulière 35 Monogram Canvas $1,800 $1,960
Neverfull PM Monogram Canvas $1,620 $1,960
Neverfull MM Monogram Canvas $1,690 $2,030
Neverfull GM Monogram Canvas $1,760 $2,100
Palm Springs Mini $2,300 $2,440
Palm Springs PM $2,430 $2,570
Palm Springs MM $2,570 $2,710
Onthego MM Monogram Canvas $2,840 $3,100
Onthego GM Monogram Canvas $3,100 $3,250
Men’s Monogram Eclipse Trio Messenger $2,360 $2,500
Pochette Coussin $2,570 $2,840
Coussin PM $3,900 $4,700
Coussin MM $4,300 $5,400
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Admin
2 months ago

FYI I’ve moderated the comment section for inappropriate infighting and politics. Neither have a place on PB.

Sam
Sam
2 months ago
Reply to  Vlad Dusil

Can you take another look? Most of this thread is about politics. (See:below). Perhaps I’m in the minority, but it’s uncomfortable to read. I’m here for bags not B.S.

JoJo
JoJo
3 months ago

I think this is awesome! I love price increases. Let us, wealthy beautiful people enjoy our luxury goodies while peasants carry their sorrow in outlet store-purchased Michael Kors totes.

Erckcia
Erckcia
2 months ago
Reply to  JoJo

Sounds like typical American attitude. 😂

Glory
Glory
2 months ago
Reply to  JoJo

Hope you fall flat on your face carrying your designer bag lol

TheVerdict
TheVerdict
2 months ago
Reply to  Glory

It’s clearly a joke but you don’t seem too swift. 🤣

Renea
Renea
3 months ago
Reply to  JoJo

Ugly Democrats Sis Is that You?

Bardot
Bardot
2 months ago
Reply to  Renea

What kind of comment is that. Renea? Clearly Jojo is making a joke. Don’t become the “ugly” you decry in others.

Maxine
Maxine
3 months ago
Reply to  JoJo

👏😂😂♥️

Liz
Liz
3 months ago
Reply to  JoJo

omg I spit out my tea onto my keyboard lol

Suzy
Suzy
3 months ago
Reply to  JoJo

???? Shallow

JoJo
JoJo
3 months ago
Reply to  Suzy

🙄🙄🙄

QueenV
QueenV
3 months ago
Reply to  Suzy

I’m pretty sure Jojo is being sarcastic.

rosa
rosa
3 months ago
Reply to  QueenV

😂

Amy
Amy
3 months ago

I purchased a mini pochette in Feb 2020 for $350. Exactly two years later it’s $745 – just crazy. I’ve been a bit turned-off LV recently as my area is just saturated with it – young and old – and being absolutely everywhere almost means the opposite of “luxury” to me. No plans to sell my bags but these frequent and hefty price increases just confirm my feelings of moving on.

Craig Rohleder
Craig Rohleder
2 months ago
Reply to  Amy

That is exactly the whole point.

JoAnne SanMateo
JoAnne SanMateo
1 month ago
Reply to  Craig Rohleder

This.

Tamara
Tamara
3 months ago
Reply to  Amy

I‘ve been trying to buy one since before the pandemic but they were always sold out. I’m not paying that price for one. That was the last piece of LV I wanted anyway. I’ll pass.

JoAnne SanMateo
JoAnne SanMateo
1 month ago
Reply to  Tamara

I get the feeling that these small items are always sold out because to a certain extent the brand has been trying to filter who to sell it to. If they see you’re a customer that purchase expensive items (and not just the cheaper accessories) you’d be able to get one when you call (hence they always have these “Call for availability” message on the product page. They look up your account and the items becomes available to you or they order/reserve one for you for the next shipment. Personal experiences.

Tamara
Tamara
1 month ago

Thanks for the info. Whenever I would see “Call for Availability” I would just give up. I was able to purchase the mini in London. I was overjoyed.

Faiyza
Faiyza
3 months ago
Reply to  Amy

Agree. With these price increases might as well place your money somewhere else if ya know what i mean… Hope LV reads our comments… They need to bring the prices back down. Smh… All luxury houses.

Donna finney
Donna finney
3 months ago

Canvas that splits at edges hardware that tarnishes from gold to silver no thanks coach is better quality and cost less looks nicer stick your price rises and yes I can afford it but I’m not a mug the quality is the worse it’s been and the prices are the highest how does that work ?

Heart_of_au
Heart_of_au
2 months ago
Reply to  Donna finney

The first “nice” purse I bought was the coach cross body. It cost $130 and I remember it hurting but it was so excited. Anyways I still have it and it’s in the back of the closet. I will be using it from now on.

Lavinia Gass-Johnson
Lavinia Gass-Johnson
3 months ago
Reply to  Donna finney

I concur. I have rediscovered my love of Coach. I am loving the new whimsical designs, as well as the reinvented classics.

nathalie
nathalie
3 months ago

I agree with you.

Sandee
Sandee
3 months ago

I was saving money to purchase the Coussin PM for $3,900 and now it’s $4,700? I fold.

Dany
Dany
3 months ago
Reply to  Sandee

Same thing happened to me. That bag isn’t worth that kind of money.

Faiyza
Faiyza
3 months ago
Reply to  Sandee

Exactly. i just returned mine 2 weeks ago thinking when I really want it i’ll re purchase it I wasn’t expecting 1k price increase. It’s extremely ridi and any/all retailers should give customers a heads up….

Katy
Katy
3 months ago

Shouldn’t the chart be labeled “New Price 2022”?

Admin
2 months ago
Reply to  Katy

Yes indeed, thanks for pointing it out!

Nicole
Nicole
3 months ago

I am sorry but I think I will no longer buy at LV. These increases are an absolute impertinence. If I compare the prices to „real“ luxury labels, I would rather spend money for a Hèrmes than for a LV.

Cole
Cole
3 months ago

I don’t need LV anymore because I contributed a lot to the wolf wearing cashmere( Bernard Arnault ).Moreover, I don’t want to contribute to the interests of the dirty guy who even uses politicians!!

nathalie
nathalie
3 months ago
Reply to  Cole

I agree. First time in France some of their plants went in strike last week, never saw that.

FloJo
FloJo
3 months ago

WAIT. So now they’re increasing prices because ” …changes in production costs, raw materials, transportation as well as inflation…”
So all the other astronomical hikes were mostly ’cause greed, and also for shits and giggles?
THE MORE WE KNOW!
/s

Miss aggie
Miss aggie
3 months ago
Reply to  FloJo

Maybe they could actually have bags in stock sometime. Also I don’t make appointments to buy any handbags.

Sofia
Sofia
3 months ago

OMG jojo- you Killed me 🤣🤣

Tina
Tina
3 months ago

And what is wrong with a 400 or 100 lb. woman, no matter how they are dressed? Her comment insinuates that she is better than them. That somehow she can judge who is worthy of carrying a luxury bag. And why should she care? Why can’t we celebrate any woman, or man without the judgement?

Hotmess
Hotmess
3 months ago
Reply to  Tina

Lord Tina, you realize “wokeism” is fading because of crazy people like you. You take everything and turn it into a race issue. I’m a 165lb woman dressed in my gym clothes and carrying a Chanel bag is not going to make me look anymore upscale or classy today!

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