Similar to many other luxury stores, Louis Vuitton has experienced significant losses as a result of the worldwide pandemic that began in 2020 and is expected to continue into 2021 and has raised its pricing to begin 2021. Vaccine programs have just recently begun, but the effects are already being felt throughout the world, with lockdowns in place.
In the past, Louis Vuitton hasn’t raised prices significantly in January, but things are barely ‘normal’ in 2021, and the firm has already begun raising pricing on popular bag designs. In the tables below, we’ve documented the different prices of Louis Vuitton bags in January 2021 for the United Kingdom and the United States.
LV continues to raise the standard on its most wanted product including their bags, even after some significant price rises in 2020.
Price Increase for Louis Vuitton in October 2021 – the UK
We’ve compiled an assortment of the most popular Louis Vuitton luxury handbag designs to examine how much they cost before and after the most recent price hike in October 2021. The increment was then converted to £ format and expressed as a percentage.
| Bag Model | Increase in Price £ | Original Price £ | New Price £ | % Increase |
| Neverfull MM | £150 | £1070 | £1180 | 10% |
| Neverfull GM | £60 | £1120 | £1220 | 9% |
| Neverfull PM | £110 | £1020 | £1130 | 10% |
| Nano Speedy | £ | £ | £830 | |
| Speedy Bandoulière 20 | £0 | – | £1650 | 0% |
| Speedy 25 | £120 | £820 | £940 | 13% |
| Speedy | ||||
| Bandoulière 25 | £80 | £1100 | £1180 | 7% |
| Speedy 30 | £165 | £830 | £995 | 18% |
| Speedy | ||||
| Bandoulière 30 | £90 | £1120 | £1210 | 8% |
| Speedy 35 | £120 | £850 | £970 | 13% |
| Speedy | ||||
| Bandoulière 35 | £110 | £1140 | £1250 | 9% |
| Speedy 40 | £125 | £860 | £985 | 14% |
| Pochette Accessoires | £ | £ | £755 | |
| Mini Pochette Accessoires | £95 | £280 | £375 | 29% |
| Multi Pochette | ||||
| Accessories | £150 | £1500 | £1650 | 10% |
| Coussin PM Bag | £300 | £2430 | £2730 | 12% |
| Coussin MM Bag | £290 | £2710 | £3000 | 10% |
| Pochette Coussin | – | £ | £1790 | |
| New Chain Bag | – | £1680 | not available | – |
| Keepall Bandoulière 45 | £150 | £1400 | £1550 | 10% |
| Keepall Bandoulière 50 | £180 | £1420 | £1600 | 12% |
| Keepall Bandoulière 55 | £210 | £1440 | £1650 | 14% |
| Keepall Bandoulière 60 | £230 | £1460 | £1690 | 15% |
| Pochette Metis | £150 | £1500 | £1650 | 10% |
| Reverse Pochette | ||||
| Metis | £150 | £1500 | £1650 | 10% |
| Alma BB | £100 | £1030 | £1130 | 9% |
| Alma PM | £110 | £1160 | £1270 | 9% |
| Alma GM | £100 | £1400 | £1500 | 7% |
| NeoNoe | £110 | £1210 | £1320 | 9% |
| OnTheGo GM (canvas) | £200 | £1870 | £2070 | 10% |
| OnTheGo MM (canvas) | – | £1780 | discontinued | – |
| OnTheGo PM (leather) | £100 | £2160 | £2260 | 5% |
| OnTheGo MM (leather) | £70 | £2190 | £2260 | 3% |
| OnTheGo GM (leather) | £ | £ | £2350 | |
| Palm Springs | ||||
| Mini Backpack | £110 | £1490 | £1600 | 7% |
| Palm Springs | ||||
| Backpack PM | £120 | £1570 | £1690 | 7% |
| Palm Springs | ||||
| Backpack MM | £120 | £1670 | £1790 | 7% |
| Odeon PM | £100 | £1260 | £1360 | 8% |
| Odeon MM | £100 | £1350 | £1450 | 7% |
| Kirigami Pouch | £0 | £480 | £480 | 0% |
| Toiletry Pouch 26 | – | £360 | discontinued | – |
| Montaigne BB | £100 | £1730 | £1830 | 6% |
| Montaigne MM | £70 | £1840 | £1910 | 4% |
| Montaigne GM | £ | £1970 | discontinued | 0% |
| Capucines Mini | £ | – | £3400 | 0% |
| Capucines BB | £450 | £3500 | £3950 | 12% |
| Capucines PM | – | £3750 | discontinued | 0% |
| Capucines MM | £450 | £3800 | £4250 | 11% |
| City Steamer PM | £0 | £2520 | £2520 | 0% |
| City Steamer MM | £0 | £2830 | £2830 | 0% |
Louis Vuitton Price Hike in October 2021 – the USA
The table below shows the before and after pricing in US dollars for the Louis Vuitton price hike for October 2021 in the USA, with the percentage change.
| Bag Model | Increase in $ | Original Price $ | New Price $ | % Increase |
| Neverfull MM | $150 | $1540 | $1690 | 9% |
| Neverfull GM | $140 | $1620 | $1760 | 8% |
| Neverfull PM | $160 | $1460 | $1620 | 10% |
| Nano Speedy | $ | $1300 | % | |
| Speedy Bandoulière 20 | $ | $2440 | % | |
| Speedy 25 | $210 | $1140 | $1350 | 17% |
| Speedy | ||||
| Bandoulière 25 | $40 | $1650 | $1690 | 2% |
| Speedy 30 | $210 | $1160 | $1370 | 17% |
| Speedy | ||||
| Bandoulière 30 | $60 | $1680 | $1740 | 6% |
| Speedy 35 | $210 | $1180 | $1390 | 16% |
| Speedy Bandoulière 35 | $100 | $1700 | $1800 | 6% |
| Speedy 40 | $210 | $1200 | $1410 | 16% |
| Pouchette Coussin | – | – | $2570 | – |
| Coussin PM | $350 | $3550 | $3900 | 9% |
| Coussin MM | $350 | $3950 | $4300 | 8% |
| Mini Pochette Accessoires | $ | $ | $540 | |
| Pochette Accessoires | $ | $ | $1050 | |
| Multi Pochette | ||||
| Accessories | $310 | $2050 | $2360 | 14% |
| New Chain Bag | – | $2430 | – | – |
| Keepall Bandoulière 45 | $280 | $1950 | $2230 | 13% |
| Keepall Bandoulière 50 | $80 | $1970 | $2050 | 4% |
| Keepall Bandoulière 55 | $370 | $1990 | $2360 | 17% |
| Keepall Bandoulière 60 | $140 | $2010 | $2150 | 7% |
| Pochette Metis | $310 | $2050 | $2360 | 14% |
| Reverse Pochette | ||||
| Metis | $260 | $2100 | $2360 | 12% |
| Alma BB | $140 | $1480 | $1620 | 9% |
| Alma PM | $160 | $1660 | $1820 | 9% |
| Alma MM | $160 | $2000 | $2160 | 8% |
| NeoNoe | $80 | $1810 | $1890 | 4% |
| OnTheGo GM | $140 | $2790 | $2930 | 5% |
| OnTheGo MM | $140 | $2630 | $2770 | 5% |
| OnTheGo PM (leather) | $0 | $3100 | $3100 | 0% |
| OnTheGo MM (leather) | $50 | $3200 | $3250 | 2% |
| OnTheGo GM (leather) | $50 | $3350 | $3400 | 1% |
| Palm Springs | ||||
| Mini Backpack | $180 | $2120 | $2300 | 8% |
| Palm Springs | ||||
| Backpack PM | $220 | $2210 | $2430 | 9% |
| Palm Springs | ||||
| Backpack MM | $170 | $2400 | $2570 | 7% |
| Odeon PM | $150 | $1770 | $1920 | 8% |
| Odeon MM | $150 | $1900 | $2050 | 8% |
| Kirigami Pouch | $0 | $745 | $745 | 0% |
| Toiletry Pouch 26 | $580 | discontinued | ||
| Montaigne BB | $150 | $2490 | $2640 | 6% |
| Montaigne MM | $90 | $2640 | $2730 | 3% |
| Capucines Mini | $ | $4450 | ||
| Capucines BB | $250 | $4850 | $5100 | 5% |
| Capucines PM | $0 | $5100 | discontinued | 0% |
| Capucines MM | $- | $- | $5350 | % |
| City Steamer Mini | $0 | $3500 | $3500 | 0% |
| City Steamer MM | $0 | $4350 | $4350 | 0% |
Why Do Louis Vuitton Raise Prices?
Since price hikes are not often welcomed by fans with wish lists, the business must do so to preserve its image. Price rises also imply that if you buy a Louis Vuitton designer bag, a large portion (if not all) of its worth will remain intact because they become more costly for new buyers.
For this reason, designer handbags (particularly classic versions) could be seen as investment items in some cases. Although a designer Louis Vuitton bag may cost a lot of money, if it’s a popular style and in good shape, you may expect to get most, if not all, of the money you spent on it when you bought it.
One method to avoid the Louis Vuitton price hikes is to shop for pre-owned Louis Vuitton bags, which provide great deals and access to limited-edition models and out-of-stock bags.
Price Increase for Louis Vuitton in the United Kingdom – January 9th, 2021
We’ve compiled a list of the most popular Louis Vuitton designer bag types to examine how much they cost before and after the price hike in January 2021. The increment was then converted to a £ format and expressed as a percentage.
Please keep in mind that all percentages are rounded to the nearest whole %.
Table 3
| Bag Model | Increase in £ | Original Price £ | New Price £ | % Increase |
| Neverfull MM | £30 | £1040 | £1070 | 3% |
| Neverfull GM | £30 | £1090 | £1120 | 3% |
| Neverfull PM | £25 | £995 | £1020 | 3% |
| Speedy 25 | £0 | £820 | £820 | 0% |
| Speedy | ||||
| Bandoulière 25 | £30 | £1070 | £1100 | 3% |
| Speedy 30 | £0 | £830 | £830 | 0% |
| Speedy | ||||
| Bandoulière 30 | £30 | £1090 | £1120 | 3% |
| Speedy 35 | £0 | £850 | £850 | 0% |
| Speedy | ||||
| Bandoulière 35 | £30 | £1110 | £1140 | 3% |
| Speedy 40 | £0 | £860 | £860 | 0% |
| Multi Pochette | ||||
| Accessories | £170 | £1330 | £1500 | 12% |
| New Chain Bag | – | – | £1680 | – |
| Keepall Bandoulière 45 | £0 | £1400 | £1400 | 0% |
| Keepall Bandoulière 50 | £0 | £1420 | £1420 | 0% |
| Keepall Bandoulière 55 | £0 | £1440 | £1440 | 0% |
| Keepall Bandoulière 60 | £0 | £1460 | £1460 | 0% |
| Pochette Metis | £90 | £1410 | £1500 | 6% |
| Reverse Pochette | ||||
| Metis | £40 | £1460 | £1500 | 3% |
| Alma BB | £40 | £990 | £1030 | 4% |
| Alma PM | £0 | £1160 | £1160 | 0% |
| Alma GM | £0 | £1400 | £1400 | 0% |
| NeoNoe | £20 | £1190 | £1210 | 2% |
| OnTheGo GM | £70 | £1800 | £1870 | 4% |
| OnTheGo MM | £70 | £1710 | £1780 | 4% |
| Palm Springs | ||||
| Mini Backpack | £0 | £1490 | £1490 | 0% |
| Palm Springs | ||||
| Backpack PM | $0 | £1570 | £1570 | 0% |
| Palm Springs | ||||
| Backpack MM | £0 | £1670 | £1670 | 0% |
| Odeon PM | £1260 | |||
| Odeon MM | £1350 | |||
| Kirigami Pouch | £480 | |||
| Toiletry Pouch 26 | £360 | |||
| Montaigne BB | £0 | £1730 | £1730 | 0% |
| Montaigne MM | £0 | £1840 | £1840 | 0% |
| Montaigne GM | £0 | £1970 | £1970 | 0% |
| Capucines BB | £0 | £3500 | £3500 | 0% |
| Capucines PM | £0 | £3750 | £3750 | 0% |
| Capucines MM | £0 | £3800 | £3800 | 0% |
| City Steamer PM | £0 | £2520 | £2520 | 0% |
| City Steamer MM | £0 | £2830 | £2830 | 0% |
Summary of the Louis Vuitton Price Hike in the United Kingdom in January 2021
Based on the above models, the average Louis Vuitton price hike in the UK is £52.
From the models of Louis Vuitton handbags above, the average percentage increase is 4%.
The Multi Pochette Accessories has received the largest price rise with 12%, marking the second time in a row that this bag has seen a significant price hike. It’s evident that this bag is still a hot cake, and with resale prices substantially above retail, it’s clear that the company is looking to bridge the gap.
Keepall holdall bags increased by 11% in 2020 but remained steady in 2021, and the reason could be as a result of lower demand due to travel restrictions. The OnTheGo tote bag (4%), the NeoNoe (2%), and the Pochette Metis Bag (3-6%) are some popular types that have seen a price increase.
Price Increase for Louis Vuitton in the USA in 2021
The price increases in Louis Vuitton in the United States are shown in the table below.
Table 4
| Bag Model | Increase in $ | Original Price $ | New Price $ | % Increase |
| Neverfull MM | $40 | $1500 | $1540 | 3% |
| Neverfull GM | $40 | $1580 | $1620 | 3% |
| Neverfull PM | $40 | $1420 | $1460 | 3% |
| Speedy 25 | $0 | $1140 | $1140 | 0% |
| Speedy | ||||
| Bandoulière 25 | $40 | $1610 | $1650 | 3% |
| Speedy 30 | $0 | $1160 | $1160 | 0% |
| Speedy | ||||
| Bandoulière 30 | $40 | $1640 | $1680 | 3% |
| Speedy 35 | $0 | $1180 | $1180 | 0% |
| Speedy Bandoulière 35 | $40 | $1660 | $1700 | 3% |
| Speedy 40 | $0 | $1200 | $1200 | 0% |
| Multi Pochette Accessories | $190 | $1860 | $2050 | 10% |
| New Chain Bag | – | – | $2430 | – |
| Keepall Bandoulière 45 | $0 | $1950 | $1950 | 0% |
| Keepall Bandoulière 50 | $0 | $1970 | $1970 | 0% |
| Keepall Bandoulière 55 | $0 | $1990 | $1990 | 0% |
| Keepall Bandoulière 60 | $0 | $2010 | $2010 | 0% |
| Pochette Metis | $70 | $1980 | $2050 | 4% |
| Reverse Pochette Metis | $50 | $2050 | $2100 | 2% |
| Alma BB | $50 | $1430 | $1480 | 3% |
| Alma PM | $0 | $1660 | $1660 | 0% |
| Alma MM | $0 | $2000 | $2000 | 0% |
| NeoNoe | $30 | $1780 | $1810 | 2% |
| OnTheGo GM | $100 | $2690 | $2790 | 4% |
| OnTheGo MM | $100 | $2530 | $2630 | 4% |
| Palm Springs Mini Backpack | $30 | $1990 | $2120 | 6% |
| Palm Springs Backpack PM | $0 | $2210 | $2210 | 0% |
| Palm Springs Backpack MM | $0 | $2400 | $2400 | 0% |
| Odeon PM | $1770 | |||
| Odeon MM | $1900 | |||
| Kirigami Pouch | $745 | |||
| Toiletry Pouch 26 | $580 | |||
| Montaigne BB | $0 | $2490 | $2490 | 0% |
| Montaigne MM | $0 | $2640 | $2640 | 0% |
| Capucines BB | $0 | $4850 | $4850 | 0% |
| Capucines PM | $0 | $5100 | $5100 | 0% |
| City Steamer Mini | $0 | $3500 | $3500 | 0% |
| City Steamer MM | $0 | $4350 | $4350 | 0% |
Summary of Louis Vuitton Price Hike in the United States in January 2021
Based on the above models, the average Louis Vuitton price hike in the United States is $61.
From the models of Louis Vuitton handbags above, it can be seen that the average percentage upsurge is 4%.
Following a significant increase in 2020, the Multi Pochette Accessories bag saw yet another massive increase. Similar to the United Kingdom, the most popular “trendy” bags have witnessed an upsurge. Classic and higher-priced lines like the Capucines and City Steamer have remained flat.
When Will Louis Vuitton Prices Rise Again?
In the past, Louis Vuitton has had a history of increasing its prices twice a year. However, the outbreak of the global pandemic in 2020 has caused luxury brands including Louis Vuitton to increase their prices regularly with no apparent consistency. The brand had three price hikes throughout 2020.
When will there be the next price hike in 2022? Because of the economic impact of the pandemic on businesses, we believe it will be mid-2021 or possibly sooner.
The Best Way to Avoid the Increase in Louis Vuitton Prices
There are two basic strategies for avoiding the Louis Vuitton price hikes. They include:
- Monitoring Louis Vuitton prince increase using our tracker to enable you to time your purchase properly before another hike (COMING SOON)
- Purchasing a pre-owned Louis Vuitton bag from a trusted source. Buying pre-owned styles can help you save hundreds of pounds/dollars and also get access to out-of-stock Louis Vuitton bags that are no longer available in their boutiques, like limited-edition collaborations and prints.