Which country have cheapest luxury brands?
France, Italy, and the United Kingdom have a high number of luxury labels that you can buy without having to pay import taxes and other fees. A Louis Vuitton Neverfull bag, for example, is 30% to 40% cheaper if you purchase it in France instead of the United States.
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.
With the UK being seen as the cheapest country to buy Gucci, closely followed by its neighbours on the continent of Europe, it is only fair that these bargain prices are available no matter where you live.
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.
- Sudan - 38.29.
- Kyrgyzstan - 40.38.
- Azerbaijan - 40.56.
- Burma - 41.08.
- Sierra Leone - 41.32.
- Nepal - 41.85.
- India - 42.86.
- Tajikistan - 43.51.
Luxury prices in China and Asia in general are among the highest in the World, while prices for luxury in Europe are typically the lowest. Luxury prices in Europe are cheaper because Europe is a home to many of those brands.
Chanel is Cheapest in Malaysia & the UK
We found that the United Kingdom—the current location of Chanel's current global headquarters—has the cheapest prices for the Chanel Boy Bag, 2.55 Classic bag, classic flap wallet and the two-tone ballerina flats.
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. 17.
Yves Saint Laurent Sac De Jour
Research suggests the most expensive place to buy this bag is South Korea, while they are priced most affordably across Europe.
In short, Yes! It is cheaper to buy Gucci's products from Italy.
Is Louis Vuitton 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.
Italian and French brands, such as Chanel, Louis Vuitton, Yves Saint Laurent, Gucci, Giorgio Armani, Bottega Veneta, and Versace will all be a little more affordable in Italy.
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. With the deduction of VAT, you can get quite the savings too.
Yves Saint Laurent is also a French fashion house, meaning the brand's prices are typically cheaper in any EU country. Plus, you can get that tax refund too!
Compared to other countries, Istanbul offers luxury products at relatively cheaper prices even for original products that are being imported from outside, because consuming index in Istanbul is high thus, all deals happen to be done with cheaper prices than other countries.
Italian and French brands, such as Chanel, Louis Vuitton, Yves Saint Laurent, Gucci, Giorgio Armani, Bottega Veneta, and Versace will all be a little more affordable in Italy.