![FILE--View of a Gucci store in Hong Kong, China, 8 January 2019. Louis Vuitton and Gucci among other luxury brands have cut prices in China by 3 Stock Photo - Alamy FILE--View of a Gucci store in Hong Kong, China, 8 January 2019. Louis Vuitton and Gucci among other luxury brands have cut prices in China by 3 Stock Photo - Alamy](https://c8.alamy.com/comp/W5MF7P/file-view-of-a-gucci-store-in-hong-kong-china-8-january-2019-louis-vuitton-and-gucci-among-other-luxury-brands-have-cut-prices-in-china-by-3-W5MF7P.jpg)
FILE--View of a Gucci store in Hong Kong, China, 8 January 2019. Louis Vuitton and Gucci among other luxury brands have cut prices in China by 3 Stock Photo - Alamy
![Louis Vuitton just raised its prices again – will Gucci and Hermès follow? Fashion costs went up in 2020 and 2021 during the pandemic and luxury watchers predict it happening again Louis Vuitton just raised its prices again – will Gucci and Hermès follow? Fashion costs went up in 2020 and 2021 during the pandemic and luxury watchers predict it happening again](https://cdn.i-scmp.com/sites/default/files/styles/768x768/public/d8/images/canvas/2022/02/16/d2babc86-7cb9-4961-89a0-f1b4531ee853_85fa3572.jpg?itok=fq2tPIGC&v=1645001781)
Louis Vuitton just raised its prices again – will Gucci and Hermès follow? Fashion costs went up in 2020 and 2021 during the pandemic and luxury watchers predict it happening again
![Louis Vuitton just raised its prices again – will Gucci and Hermès follow? Fashion costs went up in 2020 and 2021 during the pandemic and luxury watchers predict it happening again Louis Vuitton just raised its prices again – will Gucci and Hermès follow? Fashion costs went up in 2020 and 2021 during the pandemic and luxury watchers predict it happening again](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2022/02/16/1ffc657a-dc04-45da-9897-58b8acfbba39_7eab980c.jpg)