Dreaming Of A Post-COVID Trip? These Are The Countries Where Your Fave Designer Bag Is Cheapest (2024)

According to new research.

Jun 29, 2021 4:45am

While many might be holding out for a post-COVID trip abroad for the European beaches, complete with crystal blue waters and picturesque views, others are itching for a luxurious shopping trip (that takes us out from behind the computer screen).

From Paris' iconic Champs-Élysées to London's Oxford Street and beyond, there's nothing quite as magical as spending the day going from one stunning location to the next, all while getting to psychically look and feel the coveted pieces that you've been eyeing off.

While we still dream of that getaway, research from money.co.uk has analysed the price of luxury fashion items in different countries to reveal the cheapest (and most expensive) places to buy the most iconic designs, from Chanel's legendary 2.55 to the ever reinvented Fendi Baguette.

Read on for a look at the research, and who knows, it might just inspire your next holiday destination (of course, when the world of international travel returns).

Chanel 2.55

One of the most iconic bags ever created is Chanel's 2.55, so it's no wonder it's highly coveted worldwide. Created by Gabrielle Chanel in February 1955 (hence its name), the timeless style is distinctly recognisable thanks to its quilted finish, chain straps, and rectangular shape. Interestingly, the research suggests that Australia is the most expensive place you can pick up a Chanel 2.55 for yourself, with the cheapest country offering the legendary design being the United States.

Louis Vuitton Speedy 25

The Louis Vuitton Speedy 25 is one of the fashion house's most iconic creations, first launched over 90 years ago. The bag, while always highly sought after, became increasingly popular after it was released in collaboration with artist and designer Stephen Sprouse, where the design featured a neon graffiti print emblazoned across the luxury retailer's monogrammed canvas. If you're hoping to one day pick up your very own Louis Vuitton Speedy 25, research says that you'll find the best value while shopping in Denmark, while it's most expensive in New Zealand.

Prada Galleria Saffiano

Prada's famous Galleria Saffiano is instantly recognisable, thanks in large part to the Saffiano leather the fashion house used to create the now-iconic design (which was used exclusively for decades). The design is decorated, of course, with Prada's triangle logo and finished with gold-tone metal hardware. The bag was named after the historic store Mario Prada opened in 1913, in Galleria Vittorio Emanuele II in Milan. This luxury bag is most expensive in South Korea, while its lowest price is in Russia.

Fendi White Baguette

There is perhaps no bag more iconic than that of the Fendi Baguette, of course named after its shapely similarity to the French breadstick (and arguably thrust into the cultural zeitgeist courtesy of Carrie Bradshaw's seemingly endless collection). Released over the years in a countless colours, its white variation has long been one of its most coveted which is distinctly elegant (and timeless) courtesy of its textured FF motif and FF clasp. According to the research, the handbag is most expensive for those shopping in China, while you can pick it up for its lowest price in Europe.

Yves Saint Laurent Sac De Jour

As one of the first creations launched when Hedi Slimane took over the reigns of Yves Saint Laurent, the YSL Sac De Jour, which quite literally translates to 'Bag of the Day', has continued to captivate luxury lovers everywhere. Its clean lines, smooth leather finish and size, there are few designer handbags as coveted as this one, and for good reason. Research suggests the most expensive place to buy this bag is South Korea, while they are priced most affordably across Europe.

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Dreaming Of A Post-COVID Trip? These Are The Countries Where Your Fave Designer Bag Is Cheapest (2024)

FAQs

Dreaming Of A Post-COVID Trip? These Are The Countries Where Your Fave Designer Bag Is Cheapest? ›

Europe has long been seen as one of the best places to bag a bargain on designer items from handbags to dresses, and shoes to earrings. According to Vogue, who knows a thing or two about fashion, the cheapest designer bags can be found in the UK, France and Germany.

Which country is cheapest to buy designer bags? ›

Europe has long been seen as one of the best places to bag a bargain on designer items from handbags to dresses, and shoes to earrings. According to Vogue, who knows a thing or two about fashion, the cheapest designer bags can be found in the UK, France and Germany.

Which country is cheapest for ysl? ›

If you can choose where you shop, it's good to know that YSL will be the cheapest in Ireland followed by Portugal & Spain. If you're wondering if YSL is cheaper in Italy – the answer is, compared to the US, yes. Italy uses Euros as well and the prices are around 20% cheaper.

Are designer bags cheaper in Greece? ›

While the cost of gold is the same throughout the world, Greece has cheaper labour costs, translating into lower retail prices for some of the best craftsmanship in the world.

Is Louis Vuitton cheaper in Brazil? ›

The most expensive countries to buy the Louis Vuitton product are Brazil at $1,322 (55 percent), China at $1,138 (33 percent) and Russia at $1,093 (28 percent).

In which country is Gucci the cheapest? ›

While this may come as a surprise, the United Kingdom (and not Italy) is the cheapest nation to buy Gucci. That said, most of Britain's neighbors on the European continent have pricing that comes pretty close. What is this? Gucci, like many luxury brands, is manufactured in Europe.

Which country has the cheapest luxury? ›

Live Your Best Life: 9 Countries Where Luxury Is Cheap
  • Vietnam. ...
  • Malaysia. ...
  • Managua, Nicaragua. ...
  • Mexico. ...
  • Panama. ...
  • La Paz, Bolivia. Photo Courtesy of. ...
  • Lisbon, Portugal. Photo Courtesy of. ...
  • Karachi, Pakistan. Ranked the cheapest place to live for consecutive years, Karachi, Pakistan is an international gem when it comes to cheap living.
Mar 10, 2022

Which European country is cheapest for luxury shopping? ›

Luxury goods are often the lowest priced in the UK, German and France, so we can totally see why! Plus, with 90% of luxury goods manufactured in Europe (usually France or Italy), the items aren't shipped to faraway destinations, hence the lower costs.

Which country sells cheapest? ›

  • Thailand. #1 in Affordable. #28 in Best Countries Overall. ...
  • Vietnam. #2 in Affordable. #47 in Best Countries Overall. ...
  • India. #3 in Affordable. #31 in Best Countries Overall. ...
  • Philippines. #4 in Affordable. ...
  • Indonesia. #5 in Affordable. ...
  • Malaysia. #6 in Affordable. ...
  • China. #7 in Affordable. ...
  • Mexico. #8 in Affordable.

Is YSL cheaper in France or Italy? ›

This might come as a surprise to you since Yves Saint Laurent is a French brand it should be cheaper in France. However, every fashion lover knows Yves Saint Laurent is actually manufactured in Italy, which means fabric prices. Go to Milan, then drive to Serravalle.

Which designer bags are cheaper in USA? ›

A quick reminder that luxury brands such as Louis Vuitton, Gucci, Chanel, etc., are cheaper than in most places, but they are more expensive if you compare it to European prices, especially since you get your VAT back when shopping in Europe at the end of your trip.

How much cheaper is Fendi in Italy? ›

The same high-quality products are available at a lower retail price in Italy (up to 30% less than average market price), so insiders get access to the best price for in-season fashion and luxury accessories by using italist.

Which brands are cheaper in Paris? ›

Some of the most popular brands that will be cheaper in Paris include, Chanel, Louis Vuitton, Givenchy, Balmain, Christian Louboutin, Pierre Cardin, Yves Saint Laurent (YSL), Roger Vivier, Thierry Mugler, Dior, Jean Paul Gaultier, Hermès, Lanvin, Chloé, Rochas, and Céline.

Is LV cheaper in USA? ›

Are Louis Vuitton Handbags Cheaper in the USA? The price difference between any LV bag purchased in the USA (excluding state tax) and the same model bought in the EU is at least $400.

Are luxury bags cheaper in Dubai? ›

Depends on where you're coming from and how your currency stacks up against the dirham. As an Australian, it is cheaper in Dubai. For example, Louis Vuitton is on average about $100 cheaper for one of their bags, slightly less for a wallet or other small leather good.

Is LV cheaper in Dubai? ›

Louis Vuitton bags 16% more expensive in UAE compared to France. Handbags by French luxury brand Louis Vuitton are 16 percent more expensive in the UAE compared to France, where the fashion house is based, according to new research.

Who is the biggest competitor of Gucci? ›

Gucci's competitors and similar companies include Prada, CHANEL, Christian Dior and Armani. Gucci is a luxury fashion brand, manufacturing and distributing leather goods, shoes, ready-to-wear, silks, timepieces and fine jewelry. Italian luxury fashion house since 1913.

Where is Gucci sold the most? ›

Global revenue share of Gucci in 2022, by region
CharacteristicRevenue share
Japan6%
Western Europe22%
North America29%
Asia-Pacific36%
1 more row
Feb 24, 2023

Is Gucci cheaper in Paris or Italy? ›

Bottom Line. It is substantially cheaper to buy luxury products from brands like Louis Vuitton, Dior, or Gucci in Paris, their prices being on average between 30% and 40% cheaper in France than in other countries, especially those outside the European Union.

Is Dior cheaper in Paris or Italy? ›

cha-ching. So when in doubt, the best rule of thumb to follow is if the company is made and headquartered in Europe, the brand will be cheaper in that country. For example, Dior is headquartered in Paris and therefore, is cheaper in Europe than any other country.

Are Louis Vuitton bags cheaper in France or Italy? ›

Updated as of September 2021

Louis Vuitton prices in France are cheaper compared to other countries as typically the product is finished in France. In addition, one should consider the additional VAT (tax) refund for travellers who don't reside in an EU country, more information can be found here.

Is Chanel cheaper in France? ›

Fortunately, both brands have stores in Paris, France – and yes, Chanel and Louis Vuitton bags are much cheaper there than they are in the US. That's because of the VAT (Value Added Tax) refund that you can get when you shop in Paris.

What bags don't lose their value? ›

From age-old classics to new wave novelties, here are the bags that retain the highest resale values, according to experts at The RealReal.
  • Gucci Attaché ...
  • Bottega Veneta Sardine. ...
  • Saint Laurent Le 5 À 7 Hobo. ...
  • Hermès Kelly 28. ...
  • Prada Tessuto Re-Edition 2005 Shoulder Bag. ...
  • Louis Vuitton Neverfull. ...
  • Chanel Classic Mini Flap Bag.
Jan 7, 2023

Does LV have an outlet? ›

Jul 17, 2022 · Luxury retailer Louis Vuitton never has sales and it does not have an outlet store. If you find marked-down Louis Vuitton merchandise online, chances are that it's fake.

Are diamonds cheaper in Dubai? ›

In fact, diamonds are not mined in or anywhere near Dubai. The biggest reason for the relatively low price of diamonds in Dubai is the lack of import duties or taxes. There are no import duties and very few taxes when it comes to jewelry items.

Why is gold cheaper in Dubai? ›

GOLD IN DUBAI IS CHEAPER

It is one of the main reasons why people choose to move to the city, as well as buy gold. Due to the exclusion of taxes in the emirate, prices for gold in Dubai have always been cheaper as buyers would only pay for the value of the gold jewellery.

Why is Louis Vuitton cheaper in Hawaii? ›

Aug 04, 2022 · The main reason for Louis Vuitton being cheaper in Hawaii is the tax differences. Some states in the US have a sales tax of more than 7%. For example, sales tax in Los Angeles is 9.5% which automatically increases the price of the products. On the other hand, sales tax in Hawaii is 4%.

Is Chanel cheaper in Dubai Duty Free? ›

Shopping at Dubai Duty Free

You'll find new‑release fragrances, smart watches and sparkling jewellery in Emirates Terminal 3. Shop for boutique fashion at lower prices from luxury brands like Bulgari, Chanel, Carolina Herrera and more, as well as fashion favourites like H&M.

What items are cheaper to buy in Dubai? ›

The Camel Milk Chocolate, Dubai Dates, Bakhoor, Attars, Gold, Coffee, etc are some of the cheapest items in Dubai. There are many places to shop and such a wide variety of things to buy in Dubai is that you need to pick from them.

Is it cheaper to buy designer in Europe or USA? ›

The shortest answer to this question is a definite yes.

Luxury brands (especially French and Italian brands) offer cheaper pricing in Europe than in the United States. That said, American and British brands aren't usually cheaper in Europe.

Which European country is the cheapest for luxury brands? ›

Luxury shopping haven awaits you!

Luxury goods are often the lowest priced in the UK, German and France, so we can totally see why! Plus, with 90% of luxury goods manufactured in Europe (usually France or Italy), the items aren't shipped to faraway destinations, hence the lower costs.

Are Gucci bags cheaper in Paris? ›

Bottom Line. It is substantially cheaper to buy luxury products from brands like Louis Vuitton, Dior, or Gucci in Paris, their prices being on average between 30% and 40% cheaper in France than in other countries, especially those outside the European Union.

Is Louis Vuitton cheaper in US than Europe? ›

Price difference of Louis Vuitton in Paris vs USA

Yes, Louis Vuitton is Cheaper in Paris compared to the US on average by 31%. Example: the Louis Vuitton Neverfull Size MM in Canvas Material.

Is Gucci cheaper in Paris than us? ›

The short answer is yes, luxury brands are cheaper in Paris. If you are looking for a designer handbag, belt, accessory, clothing, etc then Paris is the place to go! Let's dive down to the nitty-gritty and explain why luxury brands are cheaper in Paris and Europe.

Which country in Europe is best to buy luxury? ›

Best countries to shop in Europe

Additionally, while the US dollar is worth more than the Euro, it's not worth more than the British pound. So, if you have to choose, France is probably the better option, especially if you're shopping for luxury items.

What countries are the most expensive to buy luxury goods? ›

Hong Kong was found to be the priciest city in the world for luxury products and services, according to a report by private bank Julius Baer.

Where is the best luxury shopping in Europe? ›

  • London. Oxford Street, London. As one of the best shopping cities in Europe, London draws sage shoppers from around the world. ...
  • Barcelona. Boqueria, Barcelona. ...
  • Copenhagen. Strøget, Copenhagen. ...
  • Paris. Champs-Élysées, Paris. ...
  • Istanbul. The Grand Bazaar, Istanbul. ...
  • Stockholm. Norrmalmstorg, Stockholm. ...
  • Florence. Via Tornabuoni, Florence.

How much does an LV bag cost in Dubai? ›

Cheapest price for Louis Vuitton Monogram Canvas Neverfull GM Bag in Dubai, UAE is AED 5884.85 sold at The Luxury Closet.

Is Gucci cheaper in Dubai? ›

Comparing it to the price that I'd pay in the US and ultimately pay upon conversion, it's still cheaper. Gucci is also similar in the price saving.

Is it better to buy designer bags in London or Paris? ›

The Short Answer is Luxury Brands are cheaper in Paris compared to London! If you are traveling to both London and Paris and you are unsure where to purchase your luxury bags, accessories or clothes from, the answer is Paris!

Where to shop for luxury brands in Paris? ›

The Triangle dOr is the Paris fashion district where Avenue Montaigne, Ave George V, and Avenue des Champs-Élysées offer luxury brand retailers such as Valentino, Lacroix, Dior, Chanel, among others. This area is widely considered by locals and frequent visitors to be the best for shopping in Paris.

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