Leathergoods, fashion accessories and fragrance will all be affected, the publication revealed. Production and transportation costs, prices of raw materials and the impact of inflation were all given as reasons for these latest price adjustments.

In related news, roughly 330 workers from 18 of the brand’s French factories recently staged a walkout in protest against low wages and issues surrounding working hours, the country's General Confederation of Labour told to the Business of Fashion. LVMH was more conservative in its estimation to the same outlet that around 240 employees took part from three facilities. 

Image: Louis Vuitton.