Analysis: How LVMH price hikes will reverberate throughout luxury
Inside Retail
FEBRUARY 21, 2022
A spokesperson for the brand said the price adjustment would affect Louis Vuitton stores worldwide and cover leather goods, fashion accessories, and perfumes. As travel and other services have halted, consumers’ accumulated savings have been spent on long-term investment luxury items, such as handbags and watches. billion ($101.3
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