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Louis Vuitton to raise some prices due to rising costs -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: A crowd walks past the Louis Vuitton store in Miami Design District. This is Miami, Florida. U.S. November 30, 2021. REUTERS/Marco Bello

BEIJING, (Reuters) – Louis Vuitton, the top-selling fashion brand at LVMH, has announced that it will increase prices on some of its products worldwide starting February 16, due to rising inflation and costs.

A spokesperson from the French luxury house, in China, told Reuters the price adjustment would impact Louis Vuitton shops worldwide. It will also apply to leather goods and fashion accessories.

A spokesperson stated that the decision took into consideration changes in production costs, transport, and inflation.

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