19 Feb '13, 2pm

Louis Vuitton raises prices by 12% in Japan to offset weak yen

Louis Vuitton raises prices by 12% in Japan to offset weak yen

Enlarge image LVMH Raises Vuitton Japan Prices Most Ever to Fight Weak Yen Balint Porneczi/Bloomberg Shoppers stand in line and wait for access into a Louis Vuitton store in Paris. “In the last two or three years, Japanese customers were buying more and more abroad just to take advantage of the strong yen against the euro,” said Cedric Rossi, an analyst at Bryan Garnier & Co. in Paris. Shoppers stand in line and wait for access into a Louis Vuitton store in Paris. “In the last two or three years, Japanese customers were buying more and more abroad just to take advantage of the strong yen against the euro,” said Cedric Rossi, an analyst at Bryan Garnier & Co. in Paris. Photographer: Balint Porneczi/Bloomberg

Full article: http://www.bloomberg.com/news/2013-02-19/lvmh-raises-vuit...

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