How Much Are Louis Vuitton Purses? Louis Vuitton Worldwide Price Increase October 2021: USA vs Australia vs Europe

As someone said on Instagram, there are only three things that are sure in life - death, taxes, and Louis Vuitton price increase. Yes, it happened again, though we had barely had time to recover from Chanel second price increase in July. So, how much are Louis Vuitton purses now after Louis Vuitton Worldwide Price Increase in October 2021?

This time the range of the increase seems to be from 5% to about 10% with the biggest increases being Louis Vuitton Mini Pochette and Pochette Accessories - 30% approximately.

The rise started in Australia with Louis Vuitton fans sharing the information about the percentage of the increase, then it hit the UK, and finally the States. Let’s see what the current Louis Vuitton prices look like.

 

USA Louis Vuitton Prices 2021

 

Old Price

New Price

Increase in $

Increase in %

Mini Pochette Accesoires (canvas)

445

540

95

21%

Mini Pochette Accesoires (empreinte)

690

795

105

15%

Pochette Accesoires (canvas)

790

1050

260

33%

Multi Pochette Accesoires (canvas)

2050

2360

310

15%

Multi Pochette Accesoires (empreinte)

2230

2570

340

15%

Felicie pochette (canvas)

1170

1240

70

6%

Petit Noe

1400

1580

180

13%

Noe BB

1340

1480

140

10%

NeoNoe

1810

1890

80

4%

Alma BB (canvas)

1480

1620

140

9%

Alma PM

1660

1820

160

10%

Vanity PM

2650

2700

50

2%

Speedy B 25

1650

1690

40

2%

Speedy B 30

1680

1740

60

4%

Speedy B 35

1700

1800

100

6%

Speedy B 40

1720

1850

130

8%

Speedy 25

1140

1350

210

18%

Speedy 30

1160

1370

210

18%

Speedy 35

1180

1390

210

18%

Speedy 40

1200

1410

210

18%

Neverfull PM

1460

1620

160

11%

Neverfull MM

1540

1690

150

10%

Neverfull GM

1620

1760

140

9%

Pochette Metis Monogram

2050

2360

310

15%

Pochette Metis Reverse Monogram

2100

2360

260

12%

Bumbag

1760

1900

140

8%

OneTheGo MM (canvas)

2630

2840

210

8%

OneTheGo GM (canvas)

2790

2930

140

5%

Sac Plat BB

2150

2290

140

7%

Odeon MM

1900

2050

150

8%

Graceful PM

1390

1550

160

12%

Graceful MM

1560

1690

130

8%

Montsouris BB Mono/Natural

2220

2430

210

9%

Montsouris BB Mono/Black

2320

2500

180

8%

Montsouris PM Mono/Black

2470

2630

160

6%

Utility Crossbody

2950

3100

150

5%

Palm Springs Mini

1990

2300

310

16%

Palm Springs PM

2210

2430

220

10%

Palm Springs MM

2400

2570

170

7%

Croisette

1790

1860

70

4%

Keepall B45

2000

2230

230

12%

Artsy

2180

2350

170

8%

Papillon Trunk

2630

2760

130

5%

Capucines Mini

4450

4850

400

9%

Coussin PM

3550

3900

350

10%

Coussin MM

3950

4300

350

9%

Boulogne

1980

2180

200

10%

Nano Speedy 1300 1320 20 1,5%
Nano Noe 1300 1320 20 1,5%
Petit Sac Plat 1440 1490 50 3%

Mini Pochette My Heritage

640

725

85

13%

Speedy 25 My Heritage

1560

1760

200

13%

Speedy 30 My Heritage

1590

1780

190

12%

Speedy B25 My Heritage

2070

2090

20

1%

Speedy B30 My Heritage

2110

2150

40

2%

Neverull MM My Heritage

2000

2090

90

5%

Neverfull GM My Heritage

2070

2160

90

4%

Australia Louis Vuitton Prices 2021

Old Price

New Price

Increase in AUD

Increase in %

Mini Pochette Accesoires

595

785

190

32%

Pochette Accesoires (canvas)

1190

1590

400

34%

Multi Pochette Accesoires (canvas)

3150

3450

300

10%

Felicie pochette (canvas)

1550

1810

260

17%

Alma BB (canvas)

2160

2360

200

9%

Speedy B 25

2310

2460

150

6%

Neverfull MM

2240

2460

220

10%

Pochette Metis Monogram

3150

3450

300

10%

Pochette Metis Reverse Monogram

3150

3450

300

10%

Bumbag (empreinte)

2950

3150

200

7%

OneTheGo MM (canvas)

3950

4150

200

5%

OneTheGo GM (canvas)

4150

4300

150

4%

Odeon PM

2630

2850

220

8%

Odeon MM

2830

3050

220

8%

Papillon Trunk

3800

4000

200

5%

Capucines BB

7850

8250

400

5%

Boulogne

2950

3250

300

10%

Nano Speedy 1750 1930 180 10%
Nano Noe 1750 1930 180 10%

Speedy 25 My Heritage

2340

2550

210

9%

 

 

Europe Louis Vuitton Prices 2021

Old Price

New Price

Increase in

Increase in %

Mini Pochette Accesoires

300

400

100

33%

Pochette Accesoires (canvas)

600

800

200

33%

Multi Pochette Accesoires (canvas)

1600

1750

150

9%

Multi Pochette Accesoires (empreinte)

1740

1900

160

9%

NeoNoe (canvas)

1300

1400

100

8%

Petit Noe

1020

1150

130

13%

Noe BB

995

1110

115

12%

Alma BB (canvas)

1100

1200

100

9%

Alma PM

1250

1350

100

8%

Alma MM

1490

1600

110

7%

Speedy B 25

1180

1250

70

6%

Speedy B 30

1200

1290

90

8%

Speedy B 35

1220

1330

110

9%

Speedy B 40

1240

1370

130

10%

Speedy 25

895

1000

105

12%

Speedy 30

910

1020

110

12%

Speedy 35

925

1030

105

11%

Speedy 40

940

1050

110

12%

Neverfull PM

1100

1200

100

9%

Neverfull MM

1150

1250

100

9%

Neverfull GM

1200

1300

100

8%

Pochette Metis Monogram

1600

1750

150

9%

Pochette Metis Reverse Monogram

1600

1750

150

9%

Bumbag

1300

1400

100

8%

OneTheGo MM (canvas)

2000

2100

100

5%

OneTheGo GM (canvas)

2100

2200

100

5%

Odeon PM

1340

1450

110

8%

Odeon MM

1440

1550

110

8%

Graceful PM

1040

1150

110

11%

Graceful MM

1170

1250

80

7%

Montsouris BB Mono/Natural

1680

1800

120

7%

Montsouris PM Mono/Black

1870

1950

80

4%

Montsouris PM Mono/Natural

1790

1900

110

6%

Utility Crossbody

2250

2350

100

4%

Palm Springs Mini

1580

1700

120

8%

Palm Springs PM

1680

1800

120

7%

Palm Springs MM

1790

1900

110

6%

Croisette

1300

1350

50

4%

Keepall B45

1550

1650

100

6%

Keepall B50

1600

1700

100

6%

Keepall B55

1650

1750

100

6%

Keepall B60

1700

1800

100

6%

Keepall 55

1350

1450

100

7%

Artsy

1620

1750

130

8%

Capucines BB

3900

4200

300

8%

Coussin PM

2600

2900

300

12%

Coussin MM

2900

3200

300

10%

Boulogne

1500

1650

150

10%

Petit Sac Plat (epi) 1150 1250 100 8%

 

As I have already mentioned, Mini Pochette and Pochette Accessoires are the ones that stand out in this price increase, and if in the States they went up by 21% and by 33% respectively, in Europe and in the UK there is almost no difference in percentage - 32% and 34% in Australia, and 33% in Europe. 

There is hardly anyone who can justify the price of Louis Vuitton Mini Pochette and Pochette Accessories, given how large the increases were in January. Assuming that another price increase comes in the spring of 2022, it’s likely both items will have doubled in price in less than 18 months. 

The fans of the brand can’t believe that Pochette Accessories is now over $1,000, as it is not even a bag. However, it got recategorized from SLG into a handbag last year, and probably that is how LV is justifying the aggressive price increases. Many say that it is a good functional piece, it is just not worth the current price, as it is a small canvas bag that doesn’t even come with a long strap option. Louis Vuitton could have at least added that at such a huge price tag. 

Another complaint is about Louis Vuitton Utility Crossbody - the price was too high for an item of this type before, but now it is incredibly overpriced. Besides, it is a little odd that the Monogram Canvas option is more expensive than the leather one. 

And, of course, Louis Vuitton Coussin is also at the center of the discussions on purse forums. It was introduced only in February this year, and already fell under the October price increase, and it didn’t go up by just 2-3%, but 10%. 

Another interesting thing to mention is that the price for Pochette Metis Monogram and Reverse was finally equalized at $2,360 in the US. In other regions, that already happened during the last price increase. 

Moreover, as you can see, now Alma BB and Neverfull PM cost the same across the globe. The style is completely different, with Alma being more elegant and Neverfull more versatile, but paying $1,620 for Alma BB that doesn’t fit as much as Neverfull PM seems unfair. 

If you want to learn moreabout this handbags, check out Louis Vuitton Classics: Louis Vuitton Alma Reference Guide and Louis Vuitton Neverfull PM/MM/GM Reference Guide

 

 

Which Louis Vuitton Items Didn't Go Up in Price? 

Here is the list of the pieces that didn't go up in price: Petite Malle, Key pouch, Kirigami set, Cosmetic pouch, Nice Mini, BB, and Nano. There haven’t been any changes to wallets, key holders, card holders, agendas, or other SLGs yet. It seems like this increase only hit bags and super-popular pieces. 

But we all know, grab them now if you want them, it means that the next price increase won’t spare them. 

 

 

Reactions to the Louis Vuitton Price Increase in Octoer 2021

The usual reactions to any Louis Vuitton price increase is that it is just “ridiculous, crazy, and insane”, and this one is not an exception. Fans have the feeling that LV is the only company that is constantly increasing their prices (but we remember that Chanel also had an increase not so long ago). 

Customers just can’t believe the audacity of Louis Vuitton - how can the brand implement such a huge increase on items that are almost never even available? For example, Noe BB and Pochette Metis have been out of stock for quite a while, so the fans just hope that after the increase, the items will be at least better stocked. Check out Why Is There Shortage of Louis Vuitton Canvas Items?

The common explanation for the price increase remains the same - all luxury brands have been facing price rises mainly due to the prices resellers get. For example, you can see How Much Are Chanel Purses on the Resale Market? Retail vs Resale Prices. Louis Vuitton and Chanel are well aware that resellers are skyrocketing the prices, so if resellers are doing it then, in their mind, there's no reason why they can't. It's just a vicious cycle because there's always a pretty big percentage of people willing to buy higher than retail. And the complaint is that the brands raise the prices, but, sadly, lower the quality. 

Some say that they are switching luxury brands, and many are looking more towards Gucci, as the quality is better for that much money. And some even turn their attention to Coach with their leather goods of higher quality and better service at a fraction of the cost.

Check out our thorough comparisons: Which Brand Is Better: Louis Vuitton vs Coach and Which Brand Is Better: Louis Vuitton vs Gucci

The main concern with buying Gucci or other brands is that they don’t hold value like Louis Vuitton and Chanel. Luxury bag fans share that they once tried to sell a Gucci bag, and the quote was just laughable, that’s why they buy a bag of another brand only if it is a purse they know they will love and keep.  

There are even some who confess that they like the price increases - it makes them want to keep buying LV because it's a good investment. Check out Why You Should Invest in Louis Vuitton Neverfull MM Right Now. For example, there are Gucci bags that have dropped significantly in value over the years, so with LV they are just happy to see their money not go to waste. When reselling Louis Vuitton handbags, you either break even or gain money, especially if you have been collecting for a while. 

And there is logic in that - people would rather spend $2,000 on a bag that they can recover most of that $2,000 (and possibly more!) in the future than $1,300 on a bag from another brand that they will get $300 back from consigning. 

And, of course, more and more fashionistas start looking at the pre-loved market. Some complain that they purchased new from the store earlier this year and had to return it twice because of problems. Besides, you can always refresh your pre-owned bag, some of them just need vachetta replacement, and they will look as good as new. Here is our answer to the popular question: Does Louis Vuitton Offer Repair Services? And, spoiler, yes, it does!

If you buy pre-loved, don’t forget to order professional authentication. It costs just $10 and gives you a total peace of mind! We, at Bagaholic, can help you with that.

If you need to authenticate a Louis Vuitton, Gucci or Dior item, please order one of the three types of authentication:

Verbal Authentication $10

  • good when you need to know whether the bag is real or fake for yourself (e.g. when you are buying an item)

Certificate of Authenticity $25

  • good when you need a certificate for any reason, either to sell the bag with the peace of mind or to return a fake bag to the seller if you purchased a fake
  • includes a permanent certificate on lvbagaholic.com

Certificate of Authenticity with a thorough explanation $50

  • good when you need a certificate and you need to know why the bag is authentic/not authentic for any reason, either to sell the bag with the peace of mind or return a fake bag to the seller if you purchased a fake.
  • includes a permanent certificate on lvbagaholic.com
  • includes an explanation of why the item is fake (detailed pictures and comparisons with an authentic bag, more than 10 pics included)

PLEASE CHOOSE ONE OF THE OPTIONS BELOW

 

Now you know How Much Are Louis Vuitton Purses after Louis Vuitton Worldwide Price Increase October 2021. What do you think? Are Mini Pochette and Pochette Accessoires worth it? Please, share in comments!

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