The Same Louis Vuitton Bag Costs 53% Less in This Country
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.
Erin got her start as a Who What Wear intern over 12 years ago—back when the site only published a single story per day. (Who What Wear has since increased that number twentyfold.) She graduated magna cum laude from USC, which is how she ended up moving to Los Angeles from her hometown of San Diego. In college, she also interned at Refinery29, where she was promoted to editorial assistant and then assistant editor. After nearly three years at R29, she came back to WWW in 2016, where she currently holds the title of senior news editor (as well as the unofficial title of resident royal expert—in case you haven't noticed her numerous Meghan Markle and Kate Middleton stories). She spends her days trying to incorporate her idols, Anna Wintour and Roger Federer, into as many stories as possible. Outside of work, she loves tennis, classic rock, traveling, and smothering her dog with affection.
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