If you haven't shell out $1,000 for a Louis Vuitton "It" bag lately, you probably didn't know that the luxury retailer has jacked up their prices. Bloomberg reports that Louis Vuitton's non-leather versions of iconic styles like the Speedy and the NeverFull bag now cost ten percent more in the US and UK, and five to ten percent in Asian markets. But the amount of time it'll take to save up for a luxury purse isn't the only thing that's changed-the style, size, spokespeople, even the reasons why you crave those It bags have evolved.
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