Glonghui, July 3 | According to China Fund News, after less than half a year of price increase, LV's price increased again. It is worth noting that LV has increased its price at least 10 times in the past three years, and last year it was adjusted three times in the Chinese market. According to some sources, Louis Vuitton's Chinese stores increased prices across the board on July 2, an increase of about 3% to 6%. I checked LV China's official website and found that the selling prices of many bag products have risen to varying degrees. Among them, the popular CARRYALL small handbag rose from 0.0206 million yuan to 0.0218 million yuan. The bag was 0.0196 million yuan before the price adjustment at the beginning of the year, but now it has risen 11.2% in less than 5 months. In addition, Dior, which is also a subsidiary of LVMH, also increased prices at the end of June. Prices of products such as Lady Dior Lady Dior bags, Booktote tote bags, and Saddle saddle bags were all adjusted to varying degrees, with an increase of about 3% to 9%. Regarding the reason for the price increase, LVMH Group has stated that the LV price increase is mainly aimed at leather products to reduce the price gap in different markets around the world. Due to inflation and currency fluctuations, such regional price adjustments will affect only a few countries.