Wholesale Blog

RUMOR HAS IT...LOUIS VUITTON IS RAISING PRICES AGAIN

The value of your pre-owned Louis Vuitton items just increased again. But if you’re still wondering whether you should quickly stock up on pre-owned Louis Vuitton, now’s your chance to benefit from this increase, because we all know there will be more in the future.

Mary Zubritsky

According to some of our well-placed sources, there is a Louis Vuitton price increase happening tomorrow, October 1st, 2021. And while we don’t have exact details at the moment, we’re hearing some rumblings about increases as high as 25%.

So, why are they raising prices again? Just like the previous increases, not only is it to make up for missed sales in 2020 and keep up with inflation, but also to make Louis Vuitton items more exclusive…because luxury products are more desirable when they’re slightly out of reach.

Luxury designer brands are looking for ways to control their branding, and ensure exclusivity and prestige remains in place. So, while the prices of brand new Louis Vuitton items are increasing again (this would be the 3rd price increase in a year for LV), and it’s been harder to travel across country borders to snag must-have items due to the pandemic, they’re taking advantage of the scarcity factor.

Also Louis Vuitton is slowly phasing out their easily counterfeited and sometimes too common monogram canvas bags and accessories to focus on leather and higher-end materials.

WHAT DOES THIS MEAN FOR YOUR BUSINESS?

The value of your pre-owned Louis Vuitton items just increased again. But if you’re still wondering whether you should quickly stock up on pre-owned Louis Vuitton, now’s your chance to benefit from this increase, because we all know there will be more in the future.

Don’t fret. While the availability of the monogram canvas designs continue to get scarcer, and the prices continue to increase, you’ve got LePrix Wholesale by your side to help ensure your customers get the best Louis Vuitton bags for the best prices.

We’re here to help you source the best margins for your Louis Vuitton inventory. Check out what we’ve got in stock!

On our wholesale platform, every item comes with a description, condition, and letter grade for top brands. By leveraging deep data analytics and AI, our platform also shows you a suggested minimum resale price and estimated profit margin for top brands like Chanel, Hermès and LV. Authenticity is guaranteed so you and your customers can rest assured knowing that each purchase is authentic.

Want exclusive access to authentic, pre-owned Louis Vuitton bags and accessories at wholesale prices? Join now!

And while you’re at it, see what we have in store. From the Neverfull to limited-edition Speedys, and the LV Twist to the Capucines, all the Louis Vuitton bags your customers love the most are right here…and for much less than the retail price hike happening on October 1, 2021.

If you’re looking to stock LV in your store ASAP, especially with the impending price increase and holiday rush, check our Ship Same Day collection that ships same day.*

*Ship Same Day Collection ships the same day on orders placed before 2 pm EST.

*LePrix is not affiliated with any brands in any manner. All items are LePrix Vetted and Approved: LePrix’s team of specialists inspect every item before it’s listed and sold on LePrix Wholesale.