Analysis: How LVMH price hikes will reverberate throughout luxury
Inside Retail
FEBRUARY 21, 2022
Market research firm Bernstein found that the latest round of hikes will increase prices of women’s leather goods by 3-20 per cent, men’s leather goods by 7-10 per cent, and accessories such as scarves and jewellery by 2-6 per cent. Fellow LVMH brand Tag Heuer confirmed its watches would undergo a price adjustment in the near future as well.
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