Thread: Louis Vuitton Price Increase
June 5th, 2012, 08:59 AM #1
Louis Vuitton Price Increase
I don't know (yet) if I can use links in comments, so here I am telling you the latest news I read online:
"In the grand scheme of price increases, this one really isn't that big of a deal. On April 16, prices on your favorite Vuitton goodies will jump 3-5%, which is nowhere near the jumps that labels like Hermes and Chanel have made in the last six months. On top of that, Vuitton’s prices have been stable for over a year with no increases, so it’s hard to work up any self-righteous rage over this particular move. Luxury price increases are like death and taxes – unavoidable, entirely expected and somewhere between mildly and incredibly unpleasantly."
What do you think? Is the price increase justifiable?
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