Louis Vuitton is the world’s most recognized luxury brand, and there is no denying how popular and in-demand the brands designer handbags are. In order to continue its ‘luxury’ perception, Louis Vuitton regularly increase the prices across their entire range, especially when it comes to handbags.
See NEW Louis Vuitton Price Increases for 2023 HERE >
See 2021 January Louis Vuitton price increases here >
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Why Louis Vuitton Raises their Prices
Whilst price increases are generally not looked forward to by fans with wishlists, it is essential for the brand to do this to maintain its brand perception. Price increases also mean that if you purchase a designer bag from Louis Vuitton, your bag will maintain a lot (or even more) of its value as they become more expensive to buy in the first place. This makes designer handbags, in some cases (especially classic styles) investment pieces. Whilst the outlay of a designer Louis Vuitton bag may be a lot of money, the return on the bag if it’s a popular style and is in good condition, means you may get most, if not all of the money you paid for the bag originally.
To beat the Louis Vuitton price increases, one way is to shop pre-loved Louis Vuitton bags for bargains and access to limited edition styles and out of stock bags.
Shop pre-loved Louis Vuitton bags on eBay in the US here >
Shop pre-loved Louis Vuitton bags on eBay in the UK here >
Louis Vuitton Price Increase UK – May 6th 2020
Below we’ve pulled together a list of the key Louis Vuitton designer bag styles to see what the price was originally before the increase, and after the May 2020 increase. We’ve then taken the increase and put this in a £ format and as a percentage.
Please note – all percentages have been rounded up or down to the nearest full %.
Image | Bag Model | Original Price £ | New Price £ | Increase in £ | % Increase |
Neverfull MM | £990 | £1040 | £50 | 5% | |
Neverfull GM | £1040 | £1090 | £50 | 5% | |
Neverfull PM | £945 | £995 | £50 | 5% | |
Speedy 25 | £775 | £820 | £45 | 6% | |
Speedy Bandoulière 25 | £985 | £1070 | £85 | 9% | |
Speedy 30 | £785 | £830 | £45 | 6% | |
Speedy Bandoulière 30 | £990 | £1090 | £100 | 10% | |
Speedy 35 | £780 | £850 | £70 | 9% | |
Speedy 40 | £790 | £860 | £70 | 9% | |
Multi Pochette Accessories | £1170 | £1330 | £160 | 14% | |
Keepall 45 | £1260 | £1400 | £140 | 11% | |
Keepall 50 | £1280 | £1420 | £140 | 11% | |
Keepall 55 | £1300 | £1440 | £140 | 11% | |
Keepall 60 | £1320 | £1460 | £140 | 11% | |
Pochette Metis | £1310 | £1410 | £100 | 8% | |
Reverse Pochette Metis | £1360 | £1460 | £100 | 7% | |
Alma BB | £945 | £990 | £45 | 5% | |
Alma PM | £1070 | £1160 | £90 | 8% | |
Alma GM | £1290 | £1400 | £110 | 9% | |
NeoNoe | £1060 | £1190 | £130 | 12% | |
OnTheGo GM | £1720 | £1800 | £80 | 5% | |
OnTheGo MM | £1620 | £1710 | £90 | 6% | |
Palm Springs Mini Backpack | £1360 | £1490 | £130 | 10% | |
Palm Springs Backpack PM | UNKNOWN | £1570 | |||
Palm Springs Backpack MM | UNKNOWN | £1670 | |||
Montaigne BB | £1660 | £1730 | £70 | 4% | |
Montaigne MM | £1760 | £1840 | £80 | 5% | |
Montaigne GM | £1860 | £1970 | £110 | 6% | |
Capucines BB | £3500 | £3500 | £0 | 0% | |
Capucines PM | £3750 | £3750 | £0 | 0% | |
Capucines MM | £3800 | £3800 | £0 | 0% | |
City Steamer PM | UNKNOWN | £2520 | |||
City Steamer MM | UNKNOWN | £2830 | |||
Summary of the May 2020 Louis Vuitton Price Increase in the UK
The average Louis Vuitton price increase in the UK based on the models above is £83.
The average percentage increase based on the Louis Vuitton handbag models above is 7%
The highest increased are the Multi Pochette Accessories, the NeoNoe bucket bag, and the Palm Springs Mini Backpack. All of these styles are incredibly popular, with the Multi Pochette Accessories being mostly sold out worldwide since its launch.
All Keepall styles have seen a steady 11% increase, whilst more expensive styles such as the Capucines haven’t been increased at all.
Louis Vuitton May 2020 Price Increase US
In the below table we take a look at the Louis Vuitton Price increases in the USA.
Image | Bag Model | Original Price $ | New Price $ | Increase in $ | % Increase |
Neverfull MM | $1320 | $1500 | $180 | 14% | |
Neverfull GM | $1400 | $1580 | $180 | 13% | |
Neverfull PM | $1180 | $1420 | $240 | 20% | |
Speedy 25 | $1050 | $1140 | $90 | 9% | |
Speedy Bandoulière 25 | $1490 | $1610 | $120 | 8% | |
Speedy 30 | $1070 | $1160 | $90 | 8% | |
Speedy Bandoulière 30 | £1560 | $1640 | $80 | 5% | |
Speedy 35 | $1120 | $1180 | $60 | 5% | |
Speedy Bandoulière 40 | $1600 | $1680 | $80 | 5% | |
Multi Pochette Accessories | $1640 | $1860 | $220 | 13% | |
Keepall 45 | $1730 | $1950 | $220 | 13% | |
Keepall 50 | $1750 | $1970 | $220 | 13% | |
Keepall 55 | $1840 | $1990 | $150 | 8% | |
Keepall 60 | $1810 | $2010 | $200 | 11% | |
Pochette Metis | $1830 | $1980 | $150 | 8% | |
Reverse Pochette Metis | $1900 | $2050 | $150 | 8% | |
Alma BB | $1360 | $1430 | $70 | 5% | |
Alma PM | $1530 | $1660 | $130 | 8% | |
Alma MM | $1850 | $2000 | $150 | 8% | |
NeoNoe | $1590 | $1780 | $190 | 12% | |
OnTheGo GM | $2560 | $2690 | $130 | 5% | |
OnTheGo MM | $2420 | $2530 | $110 | 5% | |
Palm Springs Mini Backpack | UNKNOWN | $1990 | |||
Palm Springs Backpack PM | UNKNOWN | $2210 | |||
Palm Springs Backpack MM | UNKNOWN | £2400 | |||
Montaigne BB | $2300 | $2490 | $190 | 8% | |
Montaigne MM | $2460 | $2640 | $180 | 7% | |
Capucines BB | $4850 | $4850 | $0 | 0% | |
Capucines PM | $5100 | $5100 | $0 | 0% | |
City Steamer Mini | UNKNOWN | $3500 | |||
City Steamer MM | UNKNOWN | $4350 | |||
Summary of the May 2020 Louis Vuitton Price Increase in the US
The average Louis Vuitton price increase in the US based on the models above is $138.
The average percentage increase based on the Louis Vuitton handbag models above is 8%
The highest increased are the Multi Pochette Accessories, the NeoNoe bucket bag, and the Keepall range. All of these styles are incredibly popular, with the Multi Pochette Accessories being mostly sold out worldwide since its launch.
When is the Next Louis Vuitton Increase?
Generally speaking, Louis Vuitton will increase their prices of designer bags around twice a year. These increases are generally around April and August in the UK.
They are around February and October in the US. However, they may increase prices more regularly than this depending on the current market and climate.
After the May 2020 increase, which has no doubt been brought on by the effects of Brexit in the UK and COVID-19 outbreak, forcing the luxury brand to close boutiques around the world – there’s likely to be yet another one later this year in 2020.
Louis Vuitton Price Increase History
We’re currently working on a history and tracker to monitor Louis Vuitton price increase, including the frequency, dates and percentage differences. Sign up to our emails here and YouTube channel for all our latest news, including the launch of this historical Louis Vuitton price increase tracker coming soon.
How to Beat the Louis Vuitton Price Increase
There are two main ways to beat the Louis Vuitton price increases. These include:
- Using our Louis Vuitton price increase tracker to time your purchase as well as possible to buy before another increase (COMING SOON)
- Buying a pre-loved Louis Vuitton bag from a reputable seller. You can save hundreds of pounds/dollars by shopping pre-loved styles, as well as gaining access to Louis Vuitton bags that are out of stock or no longer available – such as limited edition collaborations and prints.
Shop pre-loved Louis Vuitton bags on eBay in the US here >
Shop pre-loved Louis Vuitton bags on eBay in the UK here >