Rumormongering

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Mizhattan is reporting that Louis Vuitton plans to raise its prices tomorrow, February 8. But it seems like the exact amount of the hike is still unknown: Her own source hears that the North American market will see a 10% increase in bag prices, but other rumors suggest that it might be over 15%, might involve more than just bags, and might hit foreign markets too. File this one under "developing." [Mizhattan]