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Louis Vuitton Set to Raise Price Tags This Week as Costs Climb

The move will affect leather goods, fashion accessories and perfumes, and makes Louis Vuitton one of the first big labels to hike prices widely this year to protect margins as costs soar.
Louis Vuitton launches a pop-up store at the Luxury Brand Roadshow at the Shanghai Global Port in Shanghai, China. Getty Images.
A Louis Vuitton pop-up store in Shanghai, China. (Getty Images)

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 French luxury goods company in China told Reuters.

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