Louis Vuitton raised prices across leather goods, fashion accessories and perfume in 2022, with an average increase of about 20 percent worldwide. The Pochette Accessoires went from $1,050 to $1,290, the Speedy 25 from $1,350 to $1,490, and the Neverfull MM from $1,690 to $2,030. Here is how the adjustment unfolded.
What happened in the Louis Vuitton price increase?
The increase was announced in response to rising manufacturing costs, transportation costs and inflation in the global market, and it applied to Louis Vuitton products worldwide rather than in a single region. Every item received its own adjustment, which is why the average of about 20 percent varied from style to style.
Quoted in a statement to Reuters, LVMH chairman Bernard Arnault framed the move plainly: "The price adjustment takes into account changes in production costs, raw materials, transportation as well as inflation."
Which styles changed, and by how much?
The table below lists selected styles from the 2022 adjustment, in USD. The pattern across the lineup was consistent: classics moved up, and canvas pieces moved most.
| Style | Old price | 2022 price |
|---|---|---|
| Pochette Accessoires Monogram Canvas | $1,050 | $1,290 |
| Mini Pochette Accessoires Monogram Canvas | $540 | $745 |
| Pochette Métis Monogram Canvas | $2,360 | $2,570 |
| Speedy 25 Monogram Canvas | $1,350 | $1,490 |
| Speedy 30 Monogram Canvas | $1,370 | $1,550 |
| Speedy Bandoulière 25 Monogram Canvas | $1,690 | $1,820 |
| Neverfull PM Monogram Canvas | $1,620 | $1,960 |
| Neverfull MM Monogram Canvas | $1,690 | $2,030 |
| Neverfull GM Monogram Canvas | $1,760 | $2,100 |
| Palm Springs Mini | $2,300 | $2,440 |
| Onthego MM Monogram Canvas | $2,840 | $3,100 |
| Coussin PM | $3,900 | $4,700 |
| Coussin MM | $4,300 | $5,400 |
Why did Louis Vuitton raise prices?
Three costs drove the decision: production, transportation and inflation. The timing also followed a strong 2021, when Louis Vuitton's parent company LVMH reported record revenue of $71.5 billion, a 40 percent increase over the previous year. Price increases at this scale are rarely about a single input; they are a reset of the whole ladder.
For shoppers, the practical takeaway was simple: the bag you keep waiting on will not stay the same price. That lesson has repeated across the industry since, most visibly with Chanel and Hermès.
What does the 2022 increase mean for pre-loved buyers?
Every boutique increase widens the secondhand opportunity. Iconic Louis Vuitton canvas pieces hold value well precisely because retail keeps climbing, which means pre-owned examples of the Speedy, Neverfull and Pochette lines stay in steady demand.
If a bag you love just moved out of budget new, the pre-owned market is where the same silhouette stays reachable, often in excellent condition and occasionally in older canvas runs collectors prefer.
Explore authenticated pre-loved Louis Vuitton, check which pieces return the most in our resale value guide, or start with this week's new arrivals.
The LV edit
