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Louis Vuitton has increased the price of one of its most popular handbags in the US after the implementation of 10 percent tariffs on goods coming from the European Union.
The Neverfull GM bag in monogram-coated canvas now costs $2,200 on the company’s US website, $100 more than last week, a 4.8 percent price hike.
Luca Solca, an analyst at Bernstein, wrote in a note Wednesday that Louis Vuitton has raised its US handbag prices by 3.6 percent. He said that many products didn’t see an…
