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Louis Vuitton Brand Statistics (2022)

 

Louis Vuitton opened the first suitcase store in Paris, named after his title. In 1854, Louis Vuitton was no longer just a passing trend brand.

 

It can end up a hundred years company lies in letting shoppers revel in the aristocrat's quality.   

 

In this article statistic roundup, you'll know:


Louis Vuitton Income Made Each Year


Louis Vuitton Price Increase 2021/2022 List


Louis Vuitton Price Increase History


Louis Vuitton Brand Value

 

Louis Vuitton Investment


Top Louis Vuitton Bag Consumer  

 

Let's dive right in:

 

Louis Vuitton Statistics (Editors Picks)


Louis Vuitton income made yearly: Regular internet income is sorted by monthly. For example, in 2018, 34.78 of respondents who got here from a family where the expected month-to-month internet earnings used to be between 9,000 and 10,000 U.S. greenbacks cited that they very own Louis Vuitton trends or accessories. 


Louis Vuitton bag price increase 2021-2022 List: In Short, Feb 2022, a Louis Vuitton Price increase ranged from 9% to 38%; on average, the most popular bags have increased by 20%. 


Louis Vuitton price increase history: We understand Louis Vuitton baggage enlarges in cost over time; however, how much? Based on the information below, if you offered a Louis Vuitton Speedy 30 in a retail keep in 2009 for $690, the charge of the equal bag is now $1160 in 2020. That's a 68% expansion over 11 years!


Market penetration: Evaluation of the recognized strategic option; given the function of Louis Vuitton in the market and the length it has been in the market, the gorgeous method that can be chosen is the usage of the SFA model.  

Overtaking competition: Louis Vuitton has been carefully related with various celebrities from extraordinary fields to benefit its competitors. For example, Hermes, Gucci, Chanel, Prada, and so forth are some f the manufacturers which compete with LV in some of the different product categories. 

Company valuation: In 2021, the Louis Vuitton manufacturer was valued at about 14.86 billion U.S. dollars. The brand's valuation used to be 13.58 billion U.S. greenbacks in 2019.

User growth rate: Recorded income of 44.2 billion euros in the first nine months of 2021, up 46% in 2020. 

U.S. market penetration: On the pinnacle of booming income in Asia, LVMH singled out the United States as its best-performing single us of a for sales, accounting for 26% of the complete in 2021 

U.S. handbag demographics: Louis Vuitton segments the market demographically, primarily based on age, sex, and disposable income. Specifically, Louis Vuitton ambitions girls aged 18-54 with excessive annual revenues of $75,000 plus, constituting excessive disposable income. 
 
Louis Vuitton Income Made Each Year On Worldwide


Revenue is the pinnacle line object on an earnings assertion from which all fees and fees are subtracted to arrive at internet income. 

Louis Vuitton Income Penetration yearly Statistics:

 

LV Statistics chart

 


 


The world's leading luxury goods group recorded revenue of 64.2 billion euros in 2021, up 44% compared to 2020 and 20% in 2019. Organic revenue growth was 36% compared to 2020 and 14% in 2019.

 


Louis Vuitton bag price increase 2021-2022


Louis Vuitton baggage extended in charge extra than others. As outlined below, I've long passed via the Louis Vuitton Website, so you don't have to.

 

LV Price Increase List of 2021/2022 (All Prices Are in USD)

 

Item

2021

2022

% Change

Card Holder

$220 $265 +20%

6 Key Holder  

$265 $325 +22%

Key Pouch

$270 $325 +20%

Mini
Pochette

$540 $745  +38%

Felicie
Pochette

$1240 $1490 +20%

Speedy 30        

$1370      $1550      +13%

Alma BB

$1620    $1720   +9%

Neverfull
MM

$1690 $2030 +20%

Bumbag

$1900 $2030 +6.8%

Keepall 50

$2300 $2500 +8.7%

Pochette
Métis

$2360 $2570 +8.9%


Louis Vuitton price increase history:


Louis Vuitton will have any other fee extend this 12 months – the sole query is how much. If we look at historical data, the standard annual fee grows nearer to 5%, which means that the Speedy 30 should doubtlessly fee $1450 in 2022. 

 

Louis Vuitton chart

 

Louis Vuitton brand revenue & product list categories


Louis Vuitton has a $32.223 billion manufacturer valuation, with 14% growth, making it the most treasured luxury manufacturer globally; it was once the seventeenth most treasured manufacturer globally. 

 

lv tables

 

Louis Vuitton bags revenue growth rate(2019-2021)


The Fashion & Leather Goods business group recorded organic revenue growth of 47% in 2021 compared to 2020 and 42% compared to 2019. With organic revenue growth of 51% compared to 2019, the fourth quarter showed a sharp rise compared to previous quarters. 

 

Louis Vuitton wines & spirits revenue growth rate(2019-2021)

 

The Wines & Spirits business group recorded organic revenue growth of 26% in 2021 compared to 2020 and 9% compared to 2019. Profit from recurring operations was up 34% compared to 2020. 

 

Louis Vuitton perfumes & cosmetics revenue growth rate(2019-2021)

 

The Perfumes & Cosmetics business group recorded organic revenue growth of 27% in 2021 compared to 2020, and organic revenue was stable compared to 2019. 

 

Louis Vuitton Value & Investment


 As our Statista chart shows, six are French out of the ten most valuable luxury brands in 2021. With a valuation of $75.7 billion, LVMH

 

luxury brand Infographic

 

Turning to baggage's price proposition, which makes human beings pay a little more significant, we can pick out at least three elements, particularly durability, splendor, and class.

 

  • Starting with sturdiness - which is a feature of the pure leather-based base from which Louis Vuitton baggage is made and the excessive artistry employed in making them; it turns out to be a superb enchantment to many value-conscious people who are cautious of going for a less expensive bag, solely to discover themselves buying for some other one a few months down the line - the first one having come aside so quickly after purchase.

 

  • Turning to beauty, it is an incontestable truth that Louis Vuitton luggage is aesthetically appealing and that they have a tendency to hold their visible attraction even after a massive length of use, which is in contrast to much lower-end luggage that loses their luster the second they depart the vendor's store-stairs.

 

  • Turning to classification (which is a feature of the celeb endorsements and extensive advertising and marketing funding that the makers of luggage make); it turns out that being noticed carrying a Louis Vuitton bag immediately and subconsciously makes it evident to the individual recognizing you that you are a character of unique and state-of-the-art tastes, a trend mindful man or woman and usually an individual of 'class' - all being aspects we would all love to be noticed in us.


 

Is Louis Vuitton a good investment?

Suppose you are considering investing in Louis Vuitton for yourself. In that case, a purse that will make a perfect high-quality declaration about you each time you take it out - even beside you uttering a phrase about yourself - then the Louis Vuitton purse is the purse for you. 

Let's see this infographic;

 

Louis Vuitton a good investment  Infographic

 

Louis Vuitton product list categories

 

LV merchandise protected a massive variety of luxurious trend items for girls and guys, which includes handbags, wallets, luggage, accessories, ready-to-wear clothes, shoes, watches, and jewelry, even though the company's central stay and what it used to be acknowledged for, was once its series of leather-based products.

 

Top Louis Vuitton Consumer


What Louis Vuitton consumer age range?


Louis Vuitton aims at the following two segments: affluent center-aged females from 35 to fifty-four years historic and prosperous younger stylish women adults aged 18 to 34 years ancient who have disposable profits and are manufacturer aspirants. 

 

Conclusion: That's a wrap for my roundup of Louis Vuitton statistics. The stat that knocked my socks off was once the truth Louis Vuitton grew their month-to-month patron – I can't wait to see how this increased fee unfolds. 

 

Source: statista1 LVMH statista2 purseblog petiteinparis

 

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