Louis Vuitton to Raise Prices Amid Higher Costs, Inflation, Reuters Reports
February 15 2022 - 10:17AM
Dow Jones News
--LVMH Moet Hennessy Louis Vuitton SE's biggest luxury-fashion
house is to raise prices on some products this week against a
context of rising costs and inflation, Reuters reports, citing a
spokesperson for the brand in China.
--Louis Vuitton will raise prices worldwide in various product
categories from Feb. 16 in order to offset higher costs in raw
materials, production and transportation, as well as inflation,
Reuters reports.
--LVMH didn't respond to a request for comment from Dow Jones
Newswires.
Full story: https://reut.rs/3sESNst
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
February 15, 2022 10:02 ET (15:02 GMT)
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