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Louis Vuitton, duty-free product price hike ... "10% increase last month was 2% shortage?"

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LOUIS VUITTON has raised the price of its products ahead of its wedding season. 

According to the duty-free shop on the 21st, Louis Vuitton has raised prices of its products on average at duty-free shops by 2%. This is the second time since last month that the price was raised by 10%. 

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Louis Vuitton was up three months after raising prices last month. It was pointed out that it is a problem for domestic consumers ahead of a full-fledged wedding season. 

Louis Vuitton announced on the 13th that it would raise the prices of its products at duty free shops in Korea. According to the duty - free shop industry, there was a mistake in adjusting the price last month, so we adjusted it further this month. 

Since February 28, Louis Vuitton has raised prices for most products by an average of 10 percent. In November last year, we hiked prices of major products by an average of 5%. In the past six months, the rate has risen to 17 ~ 18%. 

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It is unclear whether Louis Vuitton product price hikes are limited to the domestic market or whether it has raised the worldwide market. 

Meanwhile, LVMH Group, which owns Louis Vuitton, is similar to Gucci's parent company Careling Group in recent years, but with Gucci's sales rising this year, it is falling behind with many differences.