New Data Suggests That Gucci Has Been Subtly Raising the Prices of Its Bags

With notable increases in China and France.

Fashion 
10,011 Hypes 2 Comments

New data released by Morgan Stanley on Monday suggests that Gucci has been subtly raising the prices of its popular bags in recent months.

Morgan Stanley cited a report from the Chinese trade newsletter Fashion Business Daily, which noted that last Friday, Gucci raised its prices in China for several key products. In particular, the price of the Gucci Marmont super mini bag was raised by 9.3% and reached a high of ¥8,200 RMB ($1,269 USD).

In addition, Morgan Stanley suggested that in France, Gucci raised prices on average by 2.9% on a sample of 401 bags since the end of March. The highest price hike it uncovered was for the GG Marmont Matelassé mini bag, which rose by 21.1%.

The financial service noted that it is “difficult to assess the magnitude of the
price increase so far in September,” since the luxury house usually raises prices when it introduces a new collection. This could explain the rise seen in March, which proceeded the launch of its Ouverture collection and accompanying Diana bag.

Morgan Stanley said that other luxury brands, including Chanel, have also bumped up their prices incrementally this year. “At the industry level, Gucci’s price increase follows that of other brands so far this year and highlights how supply/demand dynamics for the luxury goods industry remain positive.”

In other news, Gucci was the most bought and resold luxury brand of 2021, according to The RealReal

Read Full Article

What to Read Next

The Downfall of Ye and Each Company That’s Been Impacted by It (So Far)
Fashion 

The Downfall of Ye and Each Company That’s Been Impacted by It (So Far)

A timeline of brands and corporations that have cut ties with the controversial artist.

Billie Eilish Is the Face of Gucci’s Latest Eyewear Campaign
Fashion

Billie Eilish Is the Face of Gucci’s Latest Eyewear Campaign

Featuring two frame styles.

Gucci Turns the Jackie 1961 Bag Into a $6K USD Punk Statement Piece
Fashion

Gucci Turns the Jackie 1961 Bag Into a $6K USD Punk Statement Piece

Coming as part of its Fall 2022 collection for all.


Gucci Drops the Gavel on Monochrome Sneakers in New Wave Art Editorial
Footwear 

Gucci Drops the Gavel on Monochrome Sneakers in New Wave Art Editorial

Presented by Gucci
Seeing artists take the auction room with creative interpretations of the refined lineup.

Mustard Updates Studio Rules After Receiving Backlash for "Ugly People" Mandate
Music

Mustard Updates Studio Rules After Receiving Backlash for "Ugly People" Mandate

Also clarifying that the directive isn’t about a person’s physical looks.

Step Into teamlab’s Interactive Garden Installation
Art

Step Into teamlab’s Interactive Garden Installation

A dynamic body of work on view at Tokyo’s teamLab Planets.

Don Toliver Announces Sophomore Album 'LIFE OF A DON' With Previously Unreleased Song
Music

Don Toliver Announces Sophomore Album 'LIFE OF A DON' With Previously Unreleased Song

‘LIFE OF A DON’ drops October 8.

Cody Hudson’s Abstracted Shapes Fill Detroit’s Louis Buhl & Co.
Art

Cody Hudson’s Abstracted Shapes Fill Detroit’s Louis Buhl & Co.

A new solo exhibition on view until November 11.

Krispy Kreme Adds New Cinnamon Rolls to Its Menu
Food & Beverage

Krispy Kreme Adds New Cinnamon Rolls to Its Menu

Including one with a Cinnamon Toast Crunch cereal topper.


'Star Wars' Honors Director George Lucas With His Own Stormtrooper Action Figure
Toys

'Star Wars' Honors Director George Lucas With His Own Stormtrooper Action Figure

Featuring original trilogy armor and a removable helmet and blaster.

Noah Pays Tribute to British Art-Rock Band Roxy Music With New Capsule
Fashion

Noah Pays Tribute to British Art-Rock Band Roxy Music With New Capsule

Featuring a bomber jacket, t-shirts and more.

Will Smith Discusses His Open Marriage to Jada Pinkett Smith in New Interview
Entertainment

Will Smith Discusses His Open Marriage to Jada Pinkett Smith in New Interview

“Jada never believed in conventional marriage.”

Early Glimpse of the adidas YEEZY 500 High "Mist Stone"
Footwear

Early Glimpse of the adidas YEEZY 500 High "Mist Stone"

Kanye’s high-cut model gets fashioned with the grayscale motif.

Denim Tears Just Released Its Duo of ASICS GEL-MC PLUS Collaborations
Footwear

Denim Tears Just Released Its Duo of ASICS GEL-MC PLUS Collaborations

Each iteration is inspired by the Harlem, GA’s unpaved, red clay roads that Tremaine Emory would often play on as a child.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.