Louis Vuitton 2021 Price Increase for Bags


Louis Vuitton, like many luxury retailers, has suffered huge losses due to the global pandemic that hit in 2020 and continues into 2021 and has increased its prices again to kick-start 2021. At this time in writing, vaccine programs have just been initiated but the impacts are still very much apparent with lockdowns around the world.

Louis Vuitton historically doesn’t increase prices much in January, but there’s nothing ‘normal’ about 2021, and the brand has already started hiking prices up for popular styles of bag. We’ve documents the January 2021 Louis Vuitton bag prices in the tables below for the UK and USA.

Even after some hefty price increases in 2020 (see them here), LV continues to raise the bar of it’s most desired product – it’s bags.

Why Louis Vuitton Raises their Prices

Whilst price increases are generally not looked forward to by fans with wishlists, it is essential for the brand to do this to maintain its brand perception. Price increases also mean that if you purchase a designer bag from Louis Vuitton, your bag will maintain a lot (or even more) of its value as they become more expensive to buy in the first place. This makes designer handbags, in some cases (especially classic styles) investment pieces. Whilst the outlay of a designer Louis Vuitton bag may be a lot of money, the return on the bag if it’s a popular style and is in good condition, means you may get most, if not all of the money you paid for the bag originally.

To beat the Louis Vuitton price increases, one way is to shop pre-loved Louis Vuitton bags for bargains and access to limited edition styles and out of stock bags.

Shop pre-loved Louis Vuitton bags on eBay in the US here >
Shop pre-loved Louis Vuitton bags on eBay in the UK here >

Louis Vuitton Price Increase UK – January 9th 2021

Below we’ve pulled together a list of the key Louis Vuitton designer bag styles to see what the price was originally before the increase, and after the January 2021 increase. We’ve then taken the increase and put this in a £ format and as a percentage.

Please note – all percentages have been rounded up or down to the nearest full %.

ImageBag ModelOriginal Price £New Price £Increase in £% Increase
Louis vuitton Neverfull MM thumbnail handbagholic 200x200px copyNeverfull MM£1040£1070£303%
Louis vuitton Neverfull GM thumbnail handbagholic 200x200pxNeverfull GM£1090£1120£303%
Louis vuitton Neverfull PM thumbnail handbagholic 200x200pxNeverfull PM£995£1020£253%
Louis vuitton Speedy 25 thumbnail handbagholic 200x200pxSpeedy 25£820£820£00%
Louis vuitton SPEEDY BANDOULIÈRE 25 thumbnail handbagholic 200x200pxSpeedy
Bandoulière 25
£1070£1100£303%
Louis vuitton Speedy 30 thumbnail handbagholic 200x200pxSpeedy 30£830£830£00%
Louis vuitton SPEEDY BANDOULIÈRE 30 thumbnail handbagholic 200x200pxSpeedy
Bandoulière 30
£1090£1120£303%
Louis vuitton Speedy 35 thumbnail handbagholic 200x200pxSpeedy 35£850£850£00%
Louis vuitton Speedy 35 bandoulier thumbnail handbagholic 200x200pxSpeedy
Bandoulière 35
£1110£1140£303%
Louis vuitton Speedy 40 thumbnail handbagholic 200x200pxSpeedy 40£860£860£00%
Louis vuitton Multi Pochette Accessories thumbnail handbagholic 200x200pxMulti Pochette
Accessories
£1330£1500£17012%
Louis vuitton New Chain Bag thumbnail handbagholic 200x200pxNew Chain Bag£1680
Louis vuitton Keepall 45 thumbnail handbagholic 200x200pxKeepall Bandoulière 45£1400£1400£00%
Louis vuitton Keepall BANDOULIÈRE 50 thumbnail handbagholic 200x200pxKeepall Bandoulière 50£1420£1420£00%
Louis vuitton Keepall BANDOULIÈRE 55 thumbnail handbagholic 200x200pxKeepall Bandoulière 55£1440£1440£00%
Louis vuitton Keepall BANDOULIÈRE 60 thumbnail handbagholic 200x200pxKeepall Bandoulière 60£1460£1460£00%
Louis vuitton monogram pochette metis thumbnail handbagholic 200x200pxPochette Metis£1410£1500£906%
Louis vuitton Reverse Monogram Pochette Metis thumbnail handbagholic 200x200pxReverse Pochette
Metis
£1460£1500£403%
Louis vuitton Alma BB thumbnail handbagholic 200x200pxAlma BB£990£1030£404%
Louis vuitton Alma PM thumbnail handbagholic 200x200pxAlma PM£1160£1160£00%
Louis vuitton Alma MM thumbnail handbagholic 200x200pxAlma GM£1400£1400£00%
Louis vuitton NeoNoe bucket bag thumbnail handbagholic 200x200pxNeoNoe£1190£1210£202%
Louis vuitton onthego tote gm thumbnail handbagholic 200x200pxOnTheGo GM£1800£1870£704%
Louis vuitton OnTheGo Tote MM thumbnail handbagholic 200x200pxOnTheGo MM£1710£1780£704%
Louis vuitton Palm Springs Mini Backpack thumbnail handbagholic 200x200pxPalm Springs
Mini Backpack
£1490£1490£00%
Louis vuitton Palm Springs Backpack PM thumbnail handbagholic 200x200pxPalm Springs
Backpack PM
£1570£1570$00%
Louis vuitton Palm Springs Backpack MM thumbnail handbagholic 200x200pxPalm Springs
Backpack MM
£1670£1670£00%
Louis vuitton Odeon PM bag thumbnail handbagholic 200x200pxOdeon PM£1260
Louis vuitton Odeon MM thumbnail handbagholic 200x200pxOdeon MM£1350
Louis vuitton KIRIGAMI POCHETTE thumbnail handbagholic 200x200pxKirigami Pouch£480
Louis vuitton Toiletry Pouch 26 thumbnail handbagholic 200x200pxToiletry Pouch 26£360
Louis vuitton Montaigne BB thumbnail handbagholic 200x200pxMontaigne BB£1730£1730£00%
Louis vuitton Montaigne MM thumbnail handbagholic 200x200pxMontaigne MM£1840£1840£00%
Louis vuitton Montaigne GM thumbnail handbagholic 200x200pxMontaigne GM£1970£1970£00%
Louis vuitton Capucines BB thumbnail handbagholic 200x200pxCapucines BB£3500£3500£00%
Louis vuitton Capucines PM thumbnail handbagholic 200x200pxCapucines PM£3750£3750£00%
Louis vuitton Capucines MM thumbnail handbagholic 200x200pxCapucines MM£3800£3800£00%
Louis vuitton City Steamer PM thumbnail handbagholic 200x200pxCity Steamer PM£2520£2520£00%
Louis vuitton City Steamer MM thumbnail handbagholic 200x200pxCity Steamer MM£2830£2830£00%

Summary of the January 2021 Louis Vuitton Price Increase in the UK

The average Louis Vuitton price increase in the UK based on the models above is £52.

The average percentage increase based on the Louis Vuitton handbag models above is 4%

The highest price increase is the Multi Pochette Accessories (12%), for the second price increase in a row this bag has seen a huge % price increase. It’s clear this bag is still in demand and with prices on the re-sale market well over retail, it’s clear the brand is wanting to close that gap.

The Keepall holdall bags saw a large 11% increase in 2020, but remain flat for 2021 most likely due to a lot less demand due to travel restrictions. Other popular styles that have seen an increase are the OnTheGo tote bag (4%), the NeoNoe (2%), and the Pochette Metis Bag (3-6%).

Louis Vuitton 2021 Price Increase USA

In the below table we take a look at the Louis Vuitton Price increases in the USA.

ImageBag ModelOriginal Price $New Price $Increase in $% Increase
Louis vuitton Neverfull MM thumbnail handbagholic 200x200px copyNeverfull MM$1500$1540$403%
Louis vuitton Neverfull GM thumbnail handbagholic 200x200pxNeverfull GM$1580$1620$403%
Louis vuitton Neverfull PM thumbnail handbagholic 200x200pxNeverfull PM$1420$1460$403%
Louis vuitton Speedy 25 thumbnail handbagholic 200x200pxSpeedy 25$1140$1140$00%
Louis vuitton SPEEDY BANDOULIÈRE 25 thumbnail handbagholic 200x200pxSpeedy
Bandoulière 25
$1610$1650$403%
Louis vuitton Speedy 30 thumbnail handbagholic 200x200pxSpeedy 30$1160$1160$00%
Louis vuitton SPEEDY BANDOULIÈRE 30 thumbnail handbagholic 200x200pxSpeedy
Bandoulière 30
$1640$1680$403%
Louis vuitton Speedy 35 thumbnail handbagholic 200x200pxSpeedy 35$1180$1180$00%
Louis vuitton Speedy 35 bandoulier thumbnail handbagholic 200x200pxSpeedy Bandoulière 35$1660$1700$403%
Louis vuitton Speedy 40 thumbnail handbagholic 200x200pxSpeedy
40
$1200$1200$00%
Louis vuitton Multi Pochette Accessories thumbnail handbagholic 200x200pxMulti Pochette
Accessories
$1860$2050$19010%
Louis vuitton New Chain Bag thumbnail handbagholic 200x200pxNew Chain Bag$2430
Louis vuitton Keepall 45 thumbnail handbagholic 200x200pxKeepall Bandoulière 45$1950$1950$00%
Louis vuitton Keepall BANDOULIÈRE 50 thumbnail handbagholic 200x200pxKeepall Bandoulière 50$1970$1970$00%
Louis vuitton Keepall BANDOULIÈRE 55 thumbnail handbagholic 200x200pxKeepall Bandoulière 55$1990$1990$00%
Louis vuitton Keepall BANDOULIÈRE 60 thumbnail handbagholic 200x200pxKeepall Bandoulière 60$2010$2010$00%
Louis vuitton monogram pochette metis thumbnail handbagholic 200x200pxPochette Metis$1980$2050$704%
Louis vuitton Reverse Monogram Pochette Metis thumbnail handbagholic 200x200pxReverse Pochette
Metis
$2050$2100$502%
Louis vuitton Alma BB thumbnail handbagholic 200x200pxAlma BB$1430$1480$503%
Louis vuitton Alma PM thumbnail handbagholic 200x200pxAlma PM$1660$1660$00%
Louis vuitton Alma MM thumbnail handbagholic 200x200pxAlma MM$2000$2000$00%
Louis vuitton NeoNoe bucket bag thumbnail handbagholic 200x200pxNeoNoe$1780$1810$302%
Louis vuitton onthego tote gm thumbnail handbagholic 200x200pxOnTheGo GM$2690$2790$1004%
Louis vuitton OnTheGo Tote MM thumbnail handbagholic 200x200pxOnTheGo MM$2530$2630$1004%
Louis vuitton Palm Springs Mini Backpack thumbnail handbagholic 200x200pxPalm Springs
Mini Backpack
$1990$2120$306%
Louis vuitton Palm Springs Backpack PM thumbnail handbagholic 200x200pxPalm Springs
Backpack PM
$2210$2210$00%
Louis vuitton Palm Springs Backpack MM thumbnail handbagholic 200x200pxPalm Springs
Backpack MM
$2400$2400$00%
Louis vuitton Odeon PM bag thumbnail handbagholic 200x200pxOdeon PM$1770
Louis vuitton Odeon MM thumbnail handbagholic 200x200pxOdeon MM$1900
Louis vuitton KIRIGAMI POCHETTE thumbnail handbagholic 200x200pxKirigami Pouch$745
Louis vuitton Toiletry Pouch 26 thumbnail handbagholic 200x200pxToiletry Pouch 26$580
Louis vuitton Montaigne BB thumbnail handbagholic 200x200pxMontaigne BB$2490$2490$00%
Louis vuitton Montaigne GM thumbnail handbagholic 200x200pxMontaigne MM$2640$2640$00%
Louis vuitton Capucines BB thumbnail handbagholic 200x200pxCapucines BB$4850$4850$00%
Louis vuitton Capucines PM thumbnail handbagholic 200x200pxCapucines PM$5100$5100$00%
Louis vuitton City Steamer PM thumbnail handbagholic 200x200pxCity Steamer Mini$3500$3500$00%
Louis vuitton City Steamer MM thumbnail handbagholic 200x200pxCity Steamer MM$4350$4350$00%

USA January 2021 Louis Vuitton Price Increase Summary

The average Louis Vuitton price increase in the US based on the models above is $61.

The average percentage increase based on the Louis Vuitton handbag models above is 4%

Another huge increase for the Multi Pochette Accessories bag, after a hefty increase in 2020. A very similar situation to the UK, the most popular ‘trendy’ bags have seen an increase. Classic and much more expensive ranges such as the Capucines and City Steamer continue to remain flat.

When is the Next Louis Vuitton Increase?

Louis Vuitton have regular price increases which historically have been twice a year. However, due to the pandemic in 2020 price increases from luxury brands, including Louis Vuitton are coming thick and fast with no real consistency. In 2020 the brand saw 3 price increases throughout the year.

When will the next price increase come in 2021? We have a hunch it will be mid 2021 or even sooner, due to the economic impact the pandemic has had on businesses.

Louis Vuitton Price Increase History

Review the 2020 price increases of Louis Vuitton bags here.

How to Beat the Louis Vuitton Price Increase

There are two main ways to beat the Louis Vuitton price increases. These include:

  1. Using our Louis Vuitton price increase tracker to time your purchase as well as possible to buy before another increase (COMING SOON)
    
  2. Buying a pre-loved Louis Vuitton bag from a reputable seller. You can save hundreds of pounds/dollars by shopping pre-loved styles, as well as gaining access to Louis Vuitton bags that are out of stock or no longer available – such as limited edition collaborations and prints.

Shop pre-loved Louis Vuitton bags on eBay in the US here >
Shop pre-loved Louis Vuitton bags on eBay in the UK here >

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