It is reported that Louis Vuitton’s Chinese stores have raised prices across the board on July 2nd, with an increase of about 3% to 6%. The LV China official website shows that the prices of many bag products have increased to varying degrees. Among them, the popular CARRYALL small handbag increased from 20600 yuan to 21800 yuan, and the CARRYALL medium handbag increased from 21500 yuan to 22800 yuan, with increases of 5.8% and 6% respectively. It is worth noting that LV has increased its price at least 10 times in the past three years, and last year it implemented three price adjustments in the Chinese market.
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