Charles & Keith vs. Aldo vs. Pedro vs. It gets even better if you are buying in bulk. These products too can be bought for much cheaper in Italy. Here's the US vs EU price comparison table. An additional benefit you enjoy from buying your Gucci bags or purses in Italy is varieties in style. A post shared by Victoria Magrath (@victoria). Desii is a vintage store where you can find vintage Gucci bags at competitive prices. Here Are All The Important Details 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. You are more likely to find the best prices on French brands in France, and Italian ones in Italy. According to the current EUR/USD exchange rate, EUR 1,500 equals to roughly $1,777. Learn how your comment data is processed. (History, Design, Quality & Price), Goyard Saint Louis vs. Artois vs. Anjou Tote: Which is the Best Tote to Invest in 2023 (Sizes + Price). A Gucci product is a personal preference. (History, Quality, Price & Design. Extrabux Cash Back:3-4% Extrabux cash back. Thus, youre bound to find a deal at one of their Gucci outlets. Its headquarters and stores are in Florence, Italy. 0%-9.55%Sales Tax-different states vary. The second reason why prices are usually lower in the EU and France is the VAT tax refund system that is established in countries of the European Union. However, Italy is also part of the European Economic Area (EEA), meaning the products won't inquire taxes on their way to Paris. Even if you dont travel a lot, youve probably heard stories from people who managed to save significant amounts of money by shopping designer brands in Europe. Lucky for you, there are 3 designer stores that stock up on the chic brand! 2021 Hello Travel Pte Ltd.All Rights Reserved. Report inappropriate content Cissy Cissy Level Contributor 132 posts 14 reviews 93 helpful votes 7. But since you are buying the bag in France you would also claim a VAT-refund, right? The cheapest place to buy Louis Vuitton in Asia is Japan and the most expensive is in China for year 2015. (Cheapest Country & Place, Discount, Price, VAT Rate & Tax Refund), Where To Buy Prada The Cheapest in 2023? The main idea is that you can save a lot of money by shopping at the right places! Sign up atExtrabux,thenyou canenjoy up to10% cashbackon your order! If you are thinking about buying a new Gucci purse or bag, you're probably wondering where is the best place [] 25 Best Designer Bags Under $1000 To Add To Your Collection. (History, Quality, Price & Design). Theres a reasonable price for relatively anyone and even more accessible Gucci is discounted. The same goes for the UK: British brands will typically be lower in price in London as the goods are not being exported to a different country. For decades, United Kingdom has been a beloved destination for luxury shopping. The idea is to find places that give the best deals. But should we be buying our luxury goods when we are in Paris? The Gucci company expanded, and began producing luxury watches in 1972. If you are looking for a designer handbag, belt, accessory, clothing, etc then Paris is the place to go! Such savings definitely make a trip to Europe worth it! There are specific rules to this system and certain things you need to remember to do so you receive this refund. If you are going to buy a monogram canvas Louis Vuitton Neverfull MM bag in New York, it will cost you $2,030, with an added $180 in tax, reaching a total of $2,210. An additional benefit you enjoy from buying your Gucci bags or purses in Italy is varieties in style. A big percentage of luxury goods are also being manufactured in Europe. 3 Brilliant Ways To Save Hundreds On Luxury Products. Discover the MATCHESFASHION fashion point of view with their edit of over 650+ established and innovative designers, from Gucci, Prada and Balenciaga to Saint Laurent, Halpern and Wales Bonner. Guess: Which Brand is the Best? Only about 35 percent of its sales are in Italy, and at the moment the United States is the fastestgrowing customer for Gucci's . Ralph Lauren vs. Polo Ralph Lauren vs. U.S. Polo Assn: What are the Differences? key generated for 2FA. The heritage of the Christian Dior brand is shown through their beautiful collection of irresistible handbags you need to get your hands on. Is Gucci Cheaper in Italy than in the U.S.? Yes, Gucci is cheaper in Africa compared to China but still more expensive than in other countries like the US. Florence has a more conservative selection, Capri has a wide choice of all styles and Milan focuses on the more editorial choices. We know we definitely would , Tags:shoppingeuropeluxury-travelluxury-goodsbuy. Some of them include 50% cuts off the original prices. Quite simply: VAT refunds for NON-EU citizens. The key to seeing whether Gucci or any designer for that matter is less expensive is analyzing exchange rates. To receive the VAT refund you must meet certain requirements. Yes, they are! Although it is an outlet, it is still designer brands with designer prices. The shoulder strap can be worn longer and across the body, or shorter as a shoulder bag, while the tiger head closure sparkles as it is encrusted with crystals. Keep in mind that you are looking to buy a luxury item here. Thank you for subscribing! However, these iconic stores, including Louis Vuitton are also infamous for their queues, bustling with keen customers buying right up to their allowed quotas. The summer sales begin on the last Wednesday of June, while the winter sales start on the second Wednesday in January we would definitely recommend planning your luxury shopping trips and visits to your favorite boutiques around these dates because you are bound to get a great deal! Are designer bags cheaper in Europe? The Louis Vuitton Speedy is an iconic bag and in this, now-discontinued, multicolor monogram it is definitely a statement piece. In the United States, in November 2020, the price of the Louis Vuitton Pochette Metis in Monogram Canvas with the sales tax is $2,155.73. This is because Italy is where Gucci products are produced, and the prices are generally lower due to the lower production and distribution costs. I am not sure about the exact VAT refund, maybe someone else can chime in. Americans have a personal exemption of $800 (in most cases), after which youll be taxed a flat rate of 3%. Desi has even better discounts than the stores, as the products are considered used. Other luxury vintage shops include La Bottega dei Dolce Ricordi in Florence, where Gucci pieces go for as little as 40 Euros. Is Burberry cheaper in the UK? Student BenefitsAs long as you are a student at school, you can get a free whole year longVIP Card worth $199. Save articles to your bucket list and start planning. With more than 800 of the world's most coveted designer brands, including Gucci, Chloe, Balenciaga, Saint Laurent, Isabel Marant, Prada, and Stella McCartney, 200 specialist beauty brands, and new arrivals on site three times a week, NETAPORTER is the world's premier luxury fashion destination. Gucci Prices: $90-$9800 Coupon or Discount: -Get an extra 15% off for a limited time + Free shipping. The Amazona, Flamenco, and Puzzle bags are some of the iconic and recognisable bags on the market. This new designer brand is getting popular in the past few years. The top handle and long shoulder strap make it so versatile, while the multiple interior pockets and exterior pocket mean this bag is totally practical as well! So. And if thats not enough shopping for you, heres another list of the. Although Gucci is an Italian brand, it would also be cheaper to buy a Gucci product in Paris as opposed to the US or UK. You can save on buying daily necessities, fashion, beauty, electronic products, broadband installation, mobile communication, air tickets, hotels and other aspects of life! Zero Halliburton: Which Brand is the Best Carry-On Luggage 2023? A whole load of great reasons to shop in Italy! We may earn a commission if you decide to make a purchase through our links, at no cost to you. (Cheapest Country & Place, Discount, Tax Refund), Where To Buy Movado Watches The Cheapest In 2023? The Mall is an outlet in Tuscany which carries a variety of daily designer brands shipments, including Gucci. Then theres Desi in Bologna, which is a vintage shop stocked with a variety of Gucci. Featured here in the muted green caviar leather, emphasized by the silver chain strap and CC hardware push lock this bag is perfect for adding a little pop of color to any outfit. Otherwise is gucci cheaper in italy than the use Florence would be your next best choice after Arezzo and Vicenza. When it comes to coffee, Italian coffee sets the standard for quality. First of all, to qualify for this refund, you need to be: The refund system is therefore perfect if you are on holiday in Paris and looking to pick up a new designer handbag or accessory! For Italy, you need to spend a minimum 155 in one store to receive a 11.6% refund, which gradually goes up to 15.5% for purchases above 8,000. Extrabux Cash Back:1.5-2% Extrabux cash back. It is cheaper to buy Gucci's products from Italy. There is no VAT or sales tax in Hong Kong. Furthermore, you wont be eligible for the VAT refund, as you are an EU citizen and thus part of the same common trading area. I' . Sustainable fashion shopping has never been easier. You can access this store via dei Conti six days of the week. Answer (1 of 6): The answers from other users regarding your question are very confusing. This version of the Horsebit is made from the quintessentially Gucci GG supreme canvas and then trimmed with supple brown leather. Prices for luxury goods across European countries are more or less the same; the main variant is the VAT which is partly refunded before you depart from your last European destination. Hi there! The end consumer does not, making it a tax on final consumption. Required fields are marked *. Bottom line is that you can buy a Gucci purse for a little cheaper in Europe but it's not that big a difference unless you buy a lot, but the main difference for me is that there are different styles in Europe than in the states. Luxury brands are very well aware of the consumer practice to buy luxury abroad in order to benefit from lower prices. Louis Vuitton Vs Chanel: Which Luxury Brand Is Right For You? Although the VAT refund does differ between each European country, you are going to receive some sort of refund no matter what country within the European Economic Area you are in, if youre a non-resident. Lets find out why. This is because of the EU Vat Tax refund of 12%, the brand is headquartered in Paris, which means you don't have to pay import tax, and because of the currency exchange rate. It gets even better if you are buying in bulk. You may find an 800 bag that will only cost you less than 400 because it is classified as used. You can claim a tax refund of 10% from the customs office at the airport as you leave the country. Some of the benefits of shopping here include free onsite parking and a lovely caf with an amazing view. Gucci opened its offices in the world-famous fashion capital recently. Please dont expect me to uncover a $10 Chanel bag - thats one type of magic I just cant do . This site uses Akismet to reduce spam. 2023. Luisaviaroma.com is a top online luxury fashion destination with 5 million visitors per month with worldwide shipping. Compare the Italy website to the US website for this Marmont bag: $2,300 on US website https://www.gucci.com/us/en/pr/wome.th=Women/Womens-Handbags/Womens-Shoulder-Bags 1,790 Euros on Italian website https://www.gucci.com/it/en_gb/pr/w.rmont-matelass-shoulder-bag-p-443496DRW3T1000 Is Gucci cheaper in Paris? According to a study published bythe Centre for Economic and Business Research (CEBR), 90 percent of foreign shoppers are less likely to spend money in UK stores the next time they visit the country, while 60 percent responded that they would avoid visiting UK altogether. House of Gucci is one of the oldest Italian fashion brands; first founded by Guccio Gucci in 1921, the brand started with luggage and bags before gradually beginning to include ready-to-wear fashion and accessories into the collection. Please verify through QR scan, key generated for 2FA. We only feature products that we hope you will love. One part of the reason could be that many European luxury brands manufacture at least some parts of their pieces in Europe, meaning that in the process, the products accrue less tax, duties and other fees when they are sold in Europe (as there is free trade in the EU), which could be reflected in the price. Under previous VAT Retail Export Scheme policies, non-EU foreign shoppers could get a 20% VAT within the UK. However, despite its reputation for fashion, Guccis connection to Italy remains solidly tied to its pricing, so if you can afford it, better to take a brief car or train ride across borders to scope out the price tags. CHANEL vs. Louis Vuitton vs. Gucci Bags: Which Brand Is The Best? FifthAvenueGirl.com contains affiliate links, which means that we may receive commission on your clicks and purchases. This version of the Lady Dior is in a feminine light pink color, which accentuates the finer details of this incredible bag. And if youre lucky, maybe even up to 70%! and recommend you some best and cheapest place to buy new and second-hand Gucci items online! -Extra 20% off selected already discounted items. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Where To Buy Gucci The Cheapest Online in 2023? I mean, surely you will be travelling for more than just retail therapy right?? One important thing to remember is that you will still need to pay duty at the airport when you arrive in US or UK. Also, keep in mind that you will have to present your unused purchases to a customs official for inspection. In Europe alone, its also included in the items market price. Due to the number of variables involved, its difficult to tell exactly which country is the cheapest to buy from so its still best to do your research and make the necessary calculations closer to the time of travel for a real idea of figures. There are several reasons why this Italian brand is cheaper in Italy, which we will get into shortly. Among the states in the United States, there are5 tax-freestates(Alaska is free of State Sales Tax, and some areas charge Local Sales Tax):Oregon, Delaware, Montana, New Hampshire, Alaska (part). And no, these don't include buying secondhand or outlet we're sharing 3 legitimate ways to get your favorite luxe products up to 25% cheaper. So, if you are thinking about getting your hands on a new Gucci bag and wondering where you should buy it from, were going to let you know whether Gucci is actually cheaper in its home country of Italy. You will often find that due to the exchange rate, you may be able to buy a new luxury item for cheaper than what its available in the US. For lots more luxury fashion content, check out the links below. Many thought the cheapest place to buy Louis Vuitton is is gucci cheaper in italy than the usa in South Korea as it has the world first Louis Vuitton airport duty free shop operated by the Hotel Shilla at Incheon International Aiport. Gucci prices are at least 10% less than in the US. The leather is quilted in a geometric pattern, and the chunky top handles and removable shoulder strap make this a beautiful yet versatile bag. With this said, if you are visiting from abroad, you can still take advantage of the VAT refund scheme and the annual sales. For example, if a Gucci piece is $2,300 in the U.S, but 1,790 Euros in Italy, and the current exchange rate makes the actual Euro price roughly $1,900, then you will get a discount of about $400. 21 Related Questions and Answers Why does Gucci use a snake? In this era of ever-growing accessibility to clothing, jewelry, and much more, we seem to be on the hunt for luxury pieces. Just like weve established so far, the Gucci brand is cheaper in Italy, inclusive of its various accessories such as purses. Skirts, capris, or (dressy) shorts are essential; a nice top or a dressy blouse and a hat will complete the look. Heres an example of how much money you could save if you bought a Louis Vuitton handbag in Paris. Even with the duties, you will save a LOT compared to buying the product from your home country, by virtue of both the exchange rates and the VAT refund. Gucci, as well as other companies, claim that the UK government will lose billions in international revenue since non-EU customers will take their money to other European countries instead. If you are a visitor and normally reside outside of the European Union, you may be entitled to a VAT refund. British citizens, on the other hand, will be saving 285, or roughly 16% of the price compared to the UK price. Gold Jewelry in Italy - Rick Steves Travel Forum Italy's gold industry capitals are Arezzo, just 45 miles southeast of Florence, or Vicenza, one hour west of Venice.