After a Louis Vuitton handbag? Better book a train to London, then...
Designer handbags. Aren’t they beautiful? Except, you kind of need one month’s pay cheque to afford one…
However, if you’re going to make an investment, a swish luxury bag that you’ll love and cherish forever (and probably wear every day) is one of the savviest a woman can make.
Which is why all Londoners can rejoice right now, because news just in is saying that the British capital is now the CHEAPEST place to snap up a Louis Vuitton handbag.
Yep, turns out that fall in the value of the pound – which has dropped more than 17% against the dollar since June – actually has some benefits, as some luxury goods now cost less in dollar terms in the UK than in any other country.
According to research by Deloitte, the Speedy 30 Louis Vuitton handbag is $802 in London, compared with $850 in Paris, $970 in New York, and $1,115 in China.
WIN. Thanks, Brexit.
‘The trend in luxury pricing in the U.K. is being driven mainly by the depression in sterling – thus making the same item more affordable in the U.K. market than any other major luxury market,’ Nick Pope, the head of fashion and luxury at Deloitte, told the BBC.
‘People don’t like paying more for the same product.’
In fact, it’s said that 64% of comparable luxury goods are now cheapest in the UK.
So no more jetting off abroad to get your designer garbs on the cheap – you’re saving pennies right here! God bless the UK.