is it cheaper to buy luxury bags in europe

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  • Why buy a luxury bag in Europe?

  • As the Euro and US currencies are almost at par, it has now become much more lucrative to travel to Europe to buy a luxury bag. Below is a price comparison between purchasing a designer bag in a Euro country versus the US (New York for example). Since the cost savings are much larger people should take advantage while you still can.

  • Why are Luxury prices cheaper in Europe?

  • Luxury prices in Europe are cheaper because Europe is a home to many of those brands. France, for example, is a home to Chanel, Louis Vuitton, Saint Laurent, Dior and Hermes, while Italy is a home to such big names as Prada, Miu Miu, Bottega Veneta and Gucci. A big percentage of luxury goods are also being manufactured in Europe.

  • Why are brands that are made in Europe cheaper?

  • Brands that are created in Europe are cheaper because when these luxury goods are shipped all over the world there is an import tax, duty tax and transportation cost associated with it. For Example: take a Herms, Birkin Size 30 bag with togo leather, the price in Paris is 鈧?,000, which would be equivalent to $8,228 USD.

  • Is it cheaper to buy bags in the UK or USA?

  • If two years ago when I first wrote this article, UK was a clear winner offering an opportunity to score a bag with 20-25% discount from the US retail price, now with the latest price increases all EU prices are more or less the same. Depending on the price of the bag, you can save up to $1,000 if you buy a bag in Europe.

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