
The Capucines is Louis Vuitton's modern take on a heritage top-handle bag, launched in Fall 2013 under Nicolas Ghesquière and named for the street where the house's first store opened in 1854. Its signature reversible flap, a monogram stud on one side, leather-wrapped LV initials on the other, sits on a structured Taurillon leather body with a removable chain-and-leather strap.
The most compact Capucines, designed as an evening or occasion bag with limited capacity. Lowest price point of entry into the line, and includes a detachable chain strap for crossbody wear.
A step up in capacity from the Mini while remaining crossbody-capable via its detachable chain strap, making it one of the more versatile sizes for daily use.
A larger top-handle-oriented size positioned as a structured work bag, offering meaningfully more capacity than the BB.
The original Capucines size from the 2013 launch and the line's flagship silhouette. The most widely stocked and photographed size across resale platforms.
Standard Taurillon leather Capucines resell in the $1,500-$4,000 range depending on size, roughly 30-45% of current retail (which spans $4,550-$7,450 across the size run), a softer retention rate than LV's canvas icons, reflecting thinner resale liquidity for exotic-leather-adjacent luxury bags generally. The takeaway for buyers: the smaller Mini and BB sizes hold value better in percentage terms because they're more wearable day-to-day, while exotic-skin and Artycapucines limited editions are the strongest performers in the line and can approach or exceed retail. Buyers seeking pure resale retention are better served by LV's canvas bestsellers; the Capucines is best bought for the bag itself, not as a value play.
Louis Vuitton introduced the Capucines for Fall/Winter 2013, shortly after Nicolas Ghesquière took over as artistic director of women's collections. The name references rue Neuve-des-Capucines, the Paris street where Louis Vuitton opened its very first store in 1854, positioning the bag as a deliberate link back to the house's founding address rather than another archive reissue. It was one of the first genuinely new LV leather-goods silhouettes in years built specifically to compete in the ultra-premium top-handle category against houses like Hermès and Chanel.
Since launch, the Capucines has expanded from its original MM size into a full Mini-to-MM size run and picked up exotic-skin, embroidered, and artist-collaboration executions (including pieces from LV's ongoing Artycapucines program, which invites contemporary artists to reinterpret the bag annually). Pricing has climbed steadily alongside LV's broader leather-goods increases, with the standard Taurillon leather MM now retailing well above $6,000.
The Capucines occupies a different tier of Louis Vuitton's catalog than the Neverfull or Speedy, it's positioned as the house's answer to the Hermès Kelly or Chanel Classic Flap, aimed at buyers seeking a structured, discreetly branded leather bag rather than an overtly logoed canvas piece. Its reversible flap detail is frequently highlighted in reviews as the design's signature innovation, letting the same bag toggle between a subtle LV-initial look and a more visible monogram-stud look.
The annual Artycapucines program, which commissions contemporary artists to create limited-edition versions of the bag, has given the silhouette an ongoing cultural relevance beyond its original 2013 launch and created a genuine art-collector crossover audience distinct from LV's typical customer base. That program's limited runs regularly outperform standard Capucines editions on the resale market.