Louis Vuitton To Increase Price Tags Globally On Leather, Perfumes & Accessories

Luxury fashion house Louis Vuitton has announced that the brand will be increasing its prices soon. In addition, the prices would rise due to an increase in manufacturing and transportation costs. While there is no news about the scale of the increase in prices, the hike will be made taking into account everything from production costs to raw materials. Notably, The brand would hike its prices up to 18%.