Louis Vuitton x Murakami: Multicolore, Cherry Blossom and Panda, Compared

Takashi Murakami's collaborations with Louis Vuitton (2003–2015) produced several distinct prints, and "Multicolore" is often applied loosely to mean all of them. That makes shopping confusing: a Cherry Blossom pouch and a plain Multicolore Speedy are priced very differently, and the two prints are not interchangeable when you search. This guide sorts the 457 pieces in our stock on 2026-09-26 by print, so you can see what is actually available and at what price before you compare individual listings.

Because these prints have not been in production for years, the market moves in one direction only: supply shrinks over time and does not refill. That differs from shopping for a current-line bag, where new stock keeps arriving. If you find a print and size you want in acceptable condition, that combination may not reappear soon.

Which print should you look for?

• Multicolore (the classic black or white ground with rainbow monogram): the widest choice, 400 pieces in stock from $137, but only 38% are Rank AB or better — check condition carefully.
• Cherry Blossom (pink cherries on Monogram canvas): smaller supply (37 pieces) and higher prices, median $1,800, with better condition on average (50% Rank AB or better).
• Panda (2003, monochrome panda motif): the rarest, only 17 in stock, and the priciest per piece (median $3,569).

Browse Louis Vuitton Multicolore and Murakami-era pieces in stock

The four print families, compared

Data: Brand Street Tokyo store, 2026-09-26. Percentages use listings that show a condition rank. Prices in USD.

Eye Love Monogram: the smallest, most consistent group

Eye Love Monogram is barely represented in our stock — just 3 pieces — but every one of them currently grades Rank AB or better, the only print family at 100%. The trade-off is price: all three are priced at the same $4,657 point, reflecting how limited and sought-after this particular print has become.

Why Multicolore has the widest price range

Multicolore's $137 to $591 median spread is the widest of the four families, because it covers everything from well-worn small leather goods to clean, full-size bags within the same print name. A $137 listing and a $591 listing can be the same print on very different pieces, so the price alone doesn't tell you the shape or condition — check the individual listing.

An appraiser's view: what to check on Murakami-era pieces

Print saturation and edge paint

These lines are now 10 to 20 years old, so canvas fading and corner wear are common. Our inspectors look closely at print saturation (a washed-out print lowers the grade even if the canvas itself is intact), edge paint condition, and whether the piece is a Louis Vuitton x Takashi Murakami collaboration or a later reissue using a similar palette — the two are priced differently.

Handles and straps worth a separate look

Handles and straps are worth a close look separately from the print itself. On a bag carried daily for years, handle leather can dry and crack before the canvas print fades noticeably, so a piece with a vivid print but stiff, cracked handles is not automatically the better buy over one with a slightly softer print and supple handles. Ask for a close-up photo of the handle attachment points specifically if the listing doesn't already include one.

Compare Multicolore, Cherry Blossom and Panda pieces by price and condition

Where the Multicolore print appears

Which items carry the print

The print appeared across the full range: Speedy and Alma bags, Pochette Accessoires, wallets, and small pouches. A pouch or key case is the lower-cost way into the print if a bag is outside budget, and it also makes a lighter everyday item than a full-size bag.

Storage and how it affects aging

Once you own a piece, storage affects how it ages more than most owners expect. Keeping it stuffed with tissue in a dust bag, away from direct sunlight and humidity, slows both print fading and handle cracking. A piece stored this way for years often needs less restoration than one left on an open shelf, which is worth asking a seller about if the listing doesn't already say how the previous owner kept it.

Why collaboration pieces hold a premium

Limited-run designer collaborations tend to behave differently from a brand's core catalog once production stops. Because Louis Vuitton doesn't reissue a discontinued collaboration print in its original form, the number of genuine Murakami-era pieces in circulation can only shrink over time, as items are damaged beyond repair, lost, or simply kept by owners with no plans to sell.

That scarcity, combined with renewed interest whenever Takashi Murakami's work resurfaces in other contexts, is part of why these prints have held their value well compared with Louis Vuitton's more continuously produced lines.

Buying tips for a Murakami-era piece

• Print first, size second: the four print families differ enough in price and supply that starting from the print narrows the search faster than starting from a bag shape.
• Ask for lining and date code photos: lining wear and code legibility are common condition flags that don't always show in a single hero photo.
• Consider small leather goods: a pouch, wallet or card case is usually the fastest way to own a rarer print without waiting for a bag in your target condition.
• Compare within the same print family: a well-kept Multicolore piece and a well-kept Cherry Blossom piece are not priced on the same scale.
• New to this era? Start with Multicolore: the larger supply means more listings to compare, making it easier to learn fair pricing before considering a rarer print.

How condition ranks apply to these prints

Every Murakami-era piece we list still carries the same S-to-D condition rank we use across the store, alongside notes specific to the print itself, such as saturation and whether the design is a first-run collaboration piece. Reading the rank together with those print-specific notes gives a fuller picture than the rank alone, especially for a piece where the print's condition matters as much as the leather's.

Keep reading

• Louis Vuitton Material Guide: Monogram, Damier, Epi, and Empreinte Compared
• Vintage Louis Vuitton Bags: Era Guide & How to Choose
• Why Japanese Pre-Loved Louis Vuitton Is Held to a Higher Standard

See all Multicolore, Cherry Blossom and Panda pieces in stock, inspected in Japan

Frequently Asked Questions

Is Louis Vuitton Multicolore still made?

The original Monogram Multicolore line from the Murakami collaboration years is discontinued. Louis Vuitton has since released separate, newer capsules revisiting the print, but those are different products from the originals covered in this guide, and the pre-loved market remains the main way to find an original piece.

Are all Louis Vuitton "multicolor" prints from the Murakami collaboration?

No. Louis Vuitton has released several multicolor and pastel-toned prints over the years that are separate from the Takashi Murakami collaboration covered in this guide. If a listing's title just says "multicolor" without naming Murakami or a specific print from this guide, check the production details and date code before assuming it's the collaboration piece you're after.

What is the difference between Multicolore and Cherry Blossom?

Multicolore is the rainbow-monogram print on a black or white ground. Cherry Blossom is a separate, earlier print featuring pink cherry blossoms and flower-face motifs on Monogram canvas. The two were released as distinct collaborations and are not variations of the same print, so a search for one won't reliably surface the other.

Are Murakami-era Louis Vuitton pieces a good investment?

Rare prints like Panda command a premium in our stock today (median $3569). Resale value depends on condition, completeness and buyer demand, not rarity alone. We don't make price forecasts, and we'd encourage buying a piece you want to use rather than one bought purely to resell.

Is a rarer print always in worse condition?

No, the opposite is common in our stock: rarer, later prints such as Cherry Blossom and Panda often show a higher share of Rank AB or better, likely because fewer pieces were made and carried as heavily as the widely produced Multicolore print.