Louis Vuitton increases prices of popular bags in China by 4.7% to 14%

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LV Elma BB

6th June 2023 – (Shanghai) Louis Vuitton, the iconic French luxury fashion house, is increasing prices for many of its leather goods and accessories in 2023. According to media reports from mainland China, LV will raise prices for many products in China between 4.7% to 14% depending on the specific item and region. When LVMH, the parent company of LV, released its latest financial results, it indicated that there will not be a universal price increase worldwide in 2023. However, prices for some products will be adjusted based on the inflation level and operating costs of individual markets and regions.

After the news broke, a check on LV’s official website in Hong Kong found that the prices of some bag styles have already gone up. Let’s take a look at the latest prices of 8 LV bags that hold their value well to see if they are still worth the investment after the price hike.

The Alma BB handbag from LV is made of classic Monogram canvas and features a cute shell-shaped bag design that exudes elegance and fashion. Decorated with a gold padlock and keys, two Toron handles and a leather key bell, the exquisite design details are no wonder it has captivated many girls and even Blackpink’s Rosé is a big fan of it!

Original price: HK$14,100
Latest price: HK$15,100

Nano Speedy. Source: Louis Vuitton.

The Nano Speedy from LV’s popular Speedy bag series, with its adorable size and versatility, has successfully captivated many girls! The Nano Speedy’s cylindrical design provides ample capacity for girls in a practical and convenient way. The handbag is made of Monogram canvas with vintage natural cowhide trim, exquisitely crafted to perfectly showcase the brand’s outstanding craftsmanship!

Original price: HK$14,100
Latest price: HK$15,100

For those looking to invest in a timeless piece for long-term use, many girls will choose the classic “old flower” bag models and pursue the “one bag for many purposes”! Since its launch, LV’s Multi Pochette Accessoires has been a hot-selling bag model loved by girls! As a mixed sling bag, it comes with a detachable wallet, detachable mini wallet and detachable circular zipper purse. With the detachable gold chain strap and Louis Vuitton embossed shoulder strap, it can be worn in many different ways with a high price-performance ratio!

Original price: HK$20,600
Latest price: HK$21,600

The Pochette Métis is also rated as one of the bags that hold its value well. In particular, this two-tone design is fashionable and charming. The handbag features a backpack design made of Monogram Reverse canvas, decorated with a classic S-shaped gold buckle closure that exudes elegance and formality. Coupled with its spacious design, it is especially suitable as an office bag or for attending formal occasions.

Original price: HK$20,600
Latest price: HK$21,100

NéoNoé MM. Source: Louis Vuitton

Bucket bags (NéoNoé MM) are irresistible to girls, and when coupled with the classic monogram design, they are definitely must-haves! LV’s NéoNoé MM bucket bag is made of the brand’s iconic Monogram canvas. With its fashionable shape and large capacity, it has attracted many girls to buy!

Original price: HK$15,700
Latest price: HK$17,100

The half-moon bag has been a popular handbag style in recent years. LV’s Loop handbag is inspired by the brand’s classic Croissant handbag. The half-moon shaped bag made of Monogram canvas and natural cowhide trim creates a classic yet stylish bag model. The zipper pocket on the front of the handbag is also decorated with LV Circle zipper pull.

Original price: HK$19,000
Latest price: HK$19,700

As a fashionista, you must own a cosmetic box handbag. The petite and adorable handbag can be simply matched with formal outfits to instantly add a touch of fashion sense. LV’s Vanity PM handbag uses Monogram and Monogram Reverse canvas to reinterpret the Nice cosmetic bag. The handbag is also decorated with an LV logo engraved gold padlock for distinctiveness!

Original price: HK$22,800
Latest price: HK$23,700

LV’s Boulogne handbag is made of classic Monogram canvas. The classic bag model is timeless, suitable for all seasons and occasions! The handbag comes with a detachable shoulder strap that can be worn as a sling bag, long shoulder bag or short shoulder bag. With the shoulder strap removed, it can also be turned into a small chain bag or handbag. The versatile handbag design is suitable for many occasions and will always bring you endless freshness!

Original price: HK$19,000
Latest price: HK$19,700