The real reason Louis Vuitton and Chanel are raising their prices? Brands aren't just weathering the pandemic – luxury goods only get more desirable when they're less accessible
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Amid a recession and a pandemic, Louis Vuitton has increased the prices across all its handbag styles by 20% - Luxurylaunches
TIL that Louis Vuitton burns surplus bags and products at the end of each year. This maintains exclusivity of the brand and ensures that their products are never sold at a discounted
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Why is Louis Vuitton So Expensive?