FILE--View of a Gucci store in Hong Kong, China, 8 January 2019. Louis Vuitton and Gucci among other luxury brands have cut prices in China by 3 Stock Photo - Alamy
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Gucci store
Gucci hikes handbag prices to curb coronavirus hit, says analyst
Louis Vuitton just raised its prices again – will Gucci and Hermès follow? Fashion costs went up in 2020 and 2021 during the pandemic and luxury watchers predict it happening again