Luxury brands space out handbag price increases

Price increases accounted for approximately 80 percent of luxury market growth from 2023 to 2025, according to FashionUnited.

FashionUnited reports a 62 percent increase for Prada's Cleo bag: it cost 1,847 dollars in 2021 and 3,001 dollars in 2026.

China remains the most expensive market for the brands studied in 2026, according to FashionUnited. The outlet puts the average premium on a Miu Miu product there at 50 percent compared with Europe.

Prices also differ between retailers. FashionUnited cites Jacquemus's Le Chiquito bag at 550 euros on the brand's website, compared with 385 euros on Mytheresa, a gap of 30 percent.