SHOCKING: 20 - You Need To See This

Luxury Sector Undaunted by Covid, Soaring Inflation

The pandemic and soaring inflation have done nothing to take the shine off luxury brands, from Louis Vuitton to Gucci and Cartier, as the sector hiked prices to notch up stellar profits. The world economy began to recover from the pandemic last year but the rebound has been accompanied by…

Asharq Al-Awsat · Feb 20, 2022

Louis Vuitton’s bags and clothes are about to get even more expensive

The price increase goes into effect on Wednesday — thanks to inflation and higher production costs.

Input · Feb 15, 2022

Louis Vuitton Set to Raise Price Tags This Week as Costs Climb

Louis Vuitton, LVMH's top fashion brand, will raise prices globally on Wednesday as a result of increased manufacturing and transportation costs, a spokesperson for the French luxury goods company in China told Reuters. Louis Vuitton, the world's biggest luxury brand, will become one of the first big labels in the…

Asharq Al-Awsat · Feb 15, 2022