Louis Vuitton Price Increase 2021 (October 2021 Update)

Here are a bunch of new prices for the Dauphine MM, the Alma BB, the Neverfull and the Speedy 25. If you like these types of posts, let me know and I will share more. These prices are effective 1 October 2021.

Dauphine MM

OLD

€2,520 EUR

$3,250 USD

NEW

€2,700 EUR

$3,650 USD

On The Go GM

OLD

2,100 EUR

NEW

2,200 EUR

Alma BB

OLD

€1,100 EUR

£1,030 GBP

$1,480 USD

NEW

$1,620 USD

£1,130 GBP

€1,200 EUR

Neverfull MM

OLD

€1,150 EUR

£1,070 GBP

$1,540 USD

NEW

£1,180 GBP

€1,250 EUR

$1,690 USD

Speedy 25

OLD

€895 EUR

£820 GBP

$1,140 USD

NEW

€1,000 EUR

£940 GBP

$1,140 USD

What do you think of this new Louis Vuitton Price Increase 2021 for October? I think they will be doing this every few months. I also think they want to make the canvas items as exclusive as possible.

1:1 Spending at Hermes – An Explainer

Hermes regularly denies that 1:1 spending is a real thing but customers all around the world have talked about needing to do ‘pre-spend’ in order to meet threshold to attain a quota bag (Birkin, Kelly, Constance). Some people have even said that it’s getting harder to buy a Mini Lindy or a Constance Slim Wallet.

What is 1:1 spending?

In general, this means spending the cost of the quota bag or close to the cost itself to get the quota bag as soon as possible whether it is a Birkin, Kelly or Constance. It obviously depends wholly on where your boutique is. Some stores are really competitive and other locations are not. In mainland China, it is known as peihuo and there have been protests against it because the company is not clear about whether it even exists or not – even though it does.

Can I walk into a Hermes boutique and buy a Birkin without spend?

Maybe – it depends on the location and what type of Birkin, Kelly or Constance that you are trying to buy. Some people have reported walking into a boutique and getting a Birkin 35 after asking. This is not a massive surprised because the Birkin 35 is not a desirable bag right now as bigger bags are out of style. It would be harder to get a Birkin 25 without spend and in a hot colour such as a neutral and almost impossible in an ultra-competitive store.

What else do I need to know about 1:1 spending?

Hermes SAs don’t make commissions off quota bags. If you want to get a quota bag fast and you are in a competitive location, you need to consider buying fine jewellery, watches, homewares, RTW (men’s is a good place to meet spend targets), or equestrian. Hermes seems to be keen to build its watch business so this could be a good starting point if you plan to play the Hermes game.

Chanel Price Increase 2021 – October 2021 Update *The Chanel Price Increase Is Here*

There are rumours that Chanel plans to increase the price of the Trendy CC and the Deauville. I saw this information on an IG account called lvcclux. This increase is supposed to happen in time for the Cruise ’22 collection launch.

What is going up in price?

• The Trendy CC is going UP – The current GBP price is £4,220
• The Deauville is going UP – The current USD price is $3,500 and the GBP price is £2,840
• Shoes
• Some Small leather goods

What does this Chanel Price Increase 2021 mean for October/November?

This price increase is ahead of the Cruise collection which is coming out in November in boutiques. I think Chanel are increasing prices every now and then with different products but you can always count on a price increase for different products every single collection. In 21K, the Coco Handles went up and now in 22C, the Trendy and Deauville will be going up.