Louis Vuitton Price Increase 2026: Latest News & Updates

No one is surprised by the rapid changes in the world or the realm of luxury designer goods. So, the news of Louis Vuitton’s price increase fits right in without shock.

Instead, it’s expected at this point.

So, how far has LVMH taken it this time? Is investing in a Louis Vuitton bag still a good idea, or should you go with your money elsewhere?

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Latest Louis Vuitton Price Increase

But first off, you can breathe a sigh of relief if you were eyeing a Ready to Wear collection item since those aren’t included in the price increase. The classic Neverfull tote collection is also off-limits for the price hike, as is the Louis Vuitton x Yayoi Kusama collaboration.

• Coussin PM was €3,600 and is now €3,700, with a price increase of 2.7%
• Petite Malle was €4,350 and is now €4,500, with a price increase of 3.4%
• Alma PM was €1,490 and is now €1,550, with a price increase of 4%
• Twist MM was €3,600 and is now €3,700, with a price increase of 4.4%
• Multi Pochette was €1,960 and is now €2,050, with a price increase of 4.6%
• Speedy 25 was €1,130 and is now €1,200, with a price increase of 6.2%
• Capucines BB was €5,150 and is now €5,500 with a price increase of 6.8%
• Pochette Accessoires NM was €980 and is now €1,050, with a price increase of 7%

The current price increases for the European market aim to bring the prices closer to their counterparts in the United States market.

Will Louis Vuitton Prices Increase in 2024?

According to several speculations online, Louis Vuitton prices were expected to increase in August. Various sources have fueled these rumors, primarily on social media platforms. 

The price hike was expected to be around 4% worldwide. While Louis Vuitton has neither confirmed nor denied these speculations, such an increase didn’t happen.

However, the fashion powerhouse is no stranger regarding price adjustments. They typically follow a pattern of 2-3 increases annually, with June being the latest. These fluctuations are due to increased production costs and inflation.

When is the Next Louis Vuitton Price Increase?

Given this historical trend, you can expect Louis Vuitton to adjust its prices, probably in August. 

As for the percentage, while it varies from one country to another, it might be about 4%-18% based on their past price increase ranges.

Which Louis Vuitton Products Are Affected by the Price Increase?

Although Louis Vuitton has a wide range of products, certain items have consistently seen price increases.

As you might have expected, classic bags with iconic canvas will likely be affected in 2024. These include the Speedy, Speedy B, and Pochette bags.

However, it’s worth mentioning that the exact price adjustment and items will depend on Louis Vuitton’s official announcements.

Let’s take a closer look at some of Louis Vuitton’s popular styles and their expected price range in 2024:

1. Neverfull Collection

Bag Model	Original Price	Estimated Price in 2024 (4%-18% increase)
Neverfull MM	$2,030	Around $2,100 to $2,395
Neverfull GM	$2,100	Around $2,185 to $2,480
Neverfull PM	$1,960	Around $2,040 to $2,320

You may be surprised to see the Neverfull collection making this list. After all, rumors had it that this line would be discontinued. However, that’s not true. You can still purchase the luxury tote bags through a waitlist system.

Among the popular models are Neverfull MM, Neverfull GM, and Neverfull PM. Looking through the past trends, you can see that the Neverfull collection had a significant price leap in 2022.

Initially, the Neverfull MM sold for $1,690 in the US. These bags currently cost $2,030. That’s an increase of almost 20%! The other two models also had similar adjustments.

For instance, the GM used to sell for $1,760. Now, it costs $2,100, a 19% increase. The PM is the most affordable, selling for $1,960 from $1,620. That’s about 21% more than the 2021 price.

Interestingly, this collection maintained its original pricing in the UK, with the Neverfull MM selling for 1% less than its 2022 price. 

Since these tote bags weren’t included in the June adjustments, they may undergo a price increase in 2024.

2. Speedy 

Bag Model	Current Price	Estimated Price in 2024 (4%-18% increase)
Speedy 25	$1,490	Around $1,550 to $1,760
Speedy 30	$1,550	Around $1,610 to $1,830
Speedy 35	$1,620	Around $1,685 to $1,910
Speedy 40	$1,690	Around $1,760 to $1,995

The Speedy collection remains one of Louis Vuitton’s it-bags. With vintage fashion growing in popularity, you can expect these bags to stay in demand for a while.

This collection contains four purses in sizes ranging from 25 to 40 cm. Thanks to its petite structure, the Speedy 25 is the most affordable bag in this collection. 

After a 10% increase, the 25 currently sells for $1,490. The 30 Monogram Canvas sells for $1,550, increasing by around 13% from the 2022 price.

The Speedy 35 currently costs $1,620, a 14% increase. The largest model, the 40, sells for $1,690, around 20% more than the original price.

Following a similar trend, these bags will increase by 4%-6% this year.

3. Speedy Bandouliere 

Bag Model	Current Price	Estimated Price in 2024 (4%-18% increase)
Speedy Bandouliere 25 Bag	$1,820	About $1,890 to $2,150
Speedy Bandouliere 30 Bag	$1,890	About $1,965 to $2,230
Speedy Bandouliere 35 Bag	$1,960	About $2,040 to $2,310

The Speedy Bandouliere offers the same iconic design as the Speedy but with added detachable straps. It’s a favorite for street-style enthusiasts.

This collection saw a price increase in 2023 in several countries, including Canada and the UK. The Bandouliere 25 currently costs 6.8% more than the original price in Canada. As for the UK,  the 25 and 35 had an 8% increase, while the 35 was 9% higher.

The US also had similar ranges. For instance, the 25 bags increased by 7.6%, while the 30 had an 8.6% increase. The Bandouliere 35 costs around 9% more than its original price. However, such changes were in 2022.

Since their prices remained unaffected in 2023, these luxury bags may increase in 2024.

4. Pochette Bags

Bag Model	Current Price	Estimated Price in 2024 (4%-18% increase)
Pochette Metis	$2,570	About $2,670 to $3,030
Pochette Accessoires	$1,290	About $1,340 to $1,525
Mini Pochette Accessoires	$750	About $780 to $885

Like most Louis Vuitton bags, the Pochette collection prices remained unchanged in 2023 in the USA. 

However, they saw an increase in 2022. For instance, the Metis had an 8%, while the Accessories leaped by 22%! The Mini wasn’t behind either, as it saw an increment of almost 38%!

In Canada, the Pochette Metis’ prices increased by 6.1%, going from CAD 3250 to CAD 3450 in 2023. The accessories currently cost 7.3% more than their initial price, selling for CAD 1,770.

Likewise, the UK prices were adjusted in June 2023, with the Metis increasing by 8%. On the other hand, the accessories and the Mini increased by 13% and 3%, respectively.

5. Capucines Collection

Bag Model	Current Price	Estimated Price in 2024 (4%-18%)
Capucines Mini	$6,100	About $6,345 to $7,200
Capucines BB	$6,750	About $7,020 to $7,965
Capucines MM	$7,450	About $7,750 to $8,790

The Capucines collection hasn’t seen a price adjustment in 2023 the USA. Additionally, only the BB model experienced a 2% leap in 2022.

However, that’s not the case in other countries. For instance, the Capucines Mini went from £4350 to £5100, about 17% in the UK. The BB bag increased by 14%, while the MM sold for 16% more than the original price in June 2023.

While this leather collection increased in Canada, the ranges were between CAD 50 and CAD 100, which is reasonable. Some bags, like the black MM, remained unaffected by this price change.

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