You guys all know the old cliche about there becoming only two guarantees in life (death and taxes), but we would like to posit that there are truly 3: death, taxes, and designer bag value increases. Now, we’re right here to speak about the third factor, and particularly with Louis Vuitton. Beginning final month, you could have noticed rates increasing on the brand’s bags, and we’re right here with extensive specifics on what you can anticipate to discover in retailers.
Though rates have gone up on LV bags across the board, some have shot up extra than other folks, and primarily based on a value list posted by one particular of our PurseForum members, we’ve noticed a loose pattern in the percentages of raise: the extra preferred the bag, the extra you will now have to spend for it. Some of the increases are beneath two % for bags with reduce profiles, but for models like the Speedy, Neverfull and Pochette Accessoires, you can count on seeing rates jump 4 to 5 %. In sensible terms, that indicates most increases variety from $20 to $150, based on the bag’s original value and its percentage of raise.
For instance, the Speedy 30, one particular of the brand’s most preferred bags, elevated from $970 to $1,020, more than five%, even though the Bandouliere version of the bag went from $1,390 to $1,450, more than four%. Neverfull Totes seasoned comparable spikes, with the MM rising $60 from $1,180 yo $1,240. The only bags with increases outdoors that variety for this distinct raise period are the Nano Noe and Nano Speedy, which each elevated from $955 to $1,one hundred, which is $145 and more than 15%.
Extra subtle, even though, are some of the increases that have occurred with the brand’s most preferred new bags, which at times see bumps even when the line as a entire hasn’t changed. The new Louis Vuitton Neonoe in monogram, for instance, was $1,390 when it debuted, and it held steady at the value by means of at least September 2017, when I very first wrote about it. Then, just before the finish of the year, it had snuck up to $1,450, even even though basic value increases hadn’t occurred. Now, the bag is all the way up to $1,590, which is a six-month jump of $200, or more than 14%—the most of any complete-size bag we’ve tracked by far.
Though a value raise is never ever exciting, Louis Vuitton lovers who study about Chanel’s current increases have almost certainly heaved a sigh of relief at these numbers the brand spiked rates for some of its most preferred bags by up to $400 for every size.
You can verify out the complete value list posted on our PurseForum.