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LOUIS VUITTON increases prices on classic items in Europe

Louis Vuitton has raised prices for monogram handbags and other leather accessories considered classics by as much as 9 percent in the Euro Zone, a source familiar with the matter said on Thursday.

The increase reflects the rise in raw material prices such as leather and cotton, the source added. The increase in Europe does not affect the price of items from new collections, the source said.

 

Reuters

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