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The prices for Louis Vuitton has been steady increasing each year. For example, a Louis Vuitton Speedy 30 would have costed you only €625 when you buy it in Paris or any parts of Europe in 2015. However you would need to pay €685 for it in 2015 and €760 in 2016.
Many of us would be guessing will there be a price increased for Louis Vuitton in the coming 2017? Looking at the table below, the answer to that question is a definite YES! As you can see from the table below, between 2014 and 2015, the prices of the Neverfull and Speedy collection has increased by about 6 to 7%. Between 2015 to 2016, prices have similarly increase between 5 to 10%. These prices increased applies to the full collection of Louis Vuitton. This include both the men and women collection like handbags, belts, jewelries, shoes, luggages and other accessories as well. The prices is not happening only in Europe but the rest of the world as well. Whether you are in United States, Canada, Singapore, Hong Kong or Middle East, you will be impacted by this price hike.
|Louis Vuitton Model||2014 (€)||2015 (€)||Increase||2016 (€)||Increase|
|Louis Vuitton Neverfull PM||660€||845€||22%||895€||6%|
|Louis Vuitton Neverfull GM||880€||945€||7%||995€||5%|
|Louis Vuitton Neverfull MM||690€||895€||23%||945€||5%|
|Louis Vuitton Speedy 25||625€||670€||7%||745€||10%|
|Louis Vuitton Speedy 30||640€||685€||7%||760€||10%|
|Louis Vuitton Speedy 35||655€||700€||6%||775€||10%|
|Louis Vuitton Speedy 40||670€||715€||6%||790€||9%|
How about 2017?
In the coming 2017, we predict the prices will increase another 6 to 10%. We shall know in the coming Feb 2017 if that prediction is correct as that is when the price increase normally increase.
Our advice to you is if you are planning to buy that handbag from Louis Vuitton, make sure you buy it now before the price hike again.