Want a new Louis Vuitton bag? The dent in your wallet will be considerably different depending on which country you purchase it from, as Business of Fashion reports. In fact, there's a simple trick you can use to see how prices vary around the world.
"On Louis Vuitton's e-commerce site, simply clicking on the 'change location' button quickly reveals how the same item is priced differently in different markets," BoF writes. The site explains that the brand's Speedy 30 bag retails for $854 at current exchange rates in France, but other countries differ greatly.
"The further one travels from Europe, the pricier the bag becomes," BoF writes. "In the United States, the price is $970, a 12 percent markup. … In China, it's $1,138, or 32 percent more expensive. In Brazil, the same Speedy 30 costs a whopping 53 percent more at $1,322."
Yes, you read that correctly: The same Louis Vuitton Speedy 30 bag costs 53% less in France compared to Brazil. BoF explained that both taxes and exchange rates play a role in the discrepancies. Who knew? The next time you consider making a designer purchase in China or Brazil, you may want to think twice.
Next up, see the chic $89 shoes Jessica Alba found from a mall brand.
- #2
Congrats!!
The prices are the same in every store, but not in every country
If you can't look online before hand a sales associate will be more than willing to tell you the price
The speedy 30 is $690 in the US
- #3
What an awesome mommy!
I'd also add that there is one difference within the US - and that's mainland vs. Hawaii. LV purses are a bit cheaper in Hawaii. For example, I picked up the Totally PM Damier Azur for $820 in Maui, but it is $840
on the mainland.
- #4
You can go to the Louis Vuitton website under the USA section and often you can speak to an advisor online and ask them, for example, "How much is _____ in Canadian Dollars?" and they will give you a price. Or you could call the 1-800 number listed on the website
- #5
The prices are all the "same", that is they are adjusted from Euros to the local currency, but then there's the taxes that vary everywhere.
- #6
Do you live in Hungary as well???
- #7
She is fantastic!
- #8
Nope, do not live in Hungary, but visit from time to time.
- #9
Nope, do not live in Hungary, but visit from time to time. Oh ok
- #10
The prices are all the "same", that is they are adjusted from Euros to the local currency, but then there's the taxes that vary everywhere. They are definetely not the same. If you adjust the price corresponding to the currency in the US the bags are much expensive. Even
without calculating in the tax in the US. Cheapest is in France. I am from Germany and there is even a different price between Germany and France.
- #11
They are definetely not the same. If you adjust the price corresponding to the currency in the US the bags are much expensive. Even without calculating in the tax in the US. Cheapest is in France. I am from Germany and there is even a different price between Germany and France. Well, you need to add any duty and import taxes the local governments charge too.
Wine is cheaper in France than in the province I live in, but that's because the government adds a bunch of duty and taxes for importing, which gets passed on to the consumer.
- #12
Even when the bags are produced in the US? I bought a NF in the US, made in US which was 700$ (572 Euro) compared to Germanys price which is 455 Euro. Tax was added to the 700$ and was around 60$.
- #13
Even when the bags are produced in the US? I bought a NF in the US, made in US which was 700$ (572 Euro) compared to Germanys price which is 455 Euro. Tax was added to the 700$ and was around 60$. This is quite good news, I was counting with US prices.
I mean, we are going to get it no matter what, but since it will be a gift from my mommy, I don't want her to spend way more than she was planning to