Home of Gucci is likely one of the oldest Italian trend manufacturers; first based by Guccio Gucci in 1921, the model began with baggage and luggage earlier than steadily starting to incorporate ready-to-wear trend and equipment into the gathering. From the Ace sneakers to the Princetown loafers and iconic GG logo bags and belts, you can discover familiar Gucci signatures alongside new silhouettes. However, everyone loves a bargain! If you are looking to visit Paris from another country in the European Union, the price of luxury goods is almost definitely going to be the same, unless youre coming from a country that doesnt use the euro. Although luxury brands try to maintain similar prices on their products around the globe, its not unheard of that some products will be cheaper in certain countries than others. You can claim a tax refund of 10% from the customs office at the airport as you leave the country. Keep an eye on your inbox for updates. Read our disclaimer for more info. However, even luxury products give deals and you can find some good ones on Gucci bags in Italy. Everyone needs the Gucci Dionysus in their lives just to add a little more glitz and glam! Your email address will not be published. If you plan a stop there, that is where you should buy gold. Finally, lets discuss the famous Gucci belts that broke the internet for several years. However, perhaps there may be a cheaper option; for the same quality, but simply one at a lower price. There are several reasons why this Italian brand is cheaper in Italy, which we will get into shortly. We only feature products that we hope you will love. How is a Gucci Bag Cheaper in Italy? This is because Italy is where Gucci products are produced, and the prices are generally lower due to the lower production and distribution costs. You can claim a tax refund of 10% from the customs office at the airport as you leave the country. One of the largest Gucci stores with outlet prices about 40% lower than RRP for the 1-2 year old designs. This brings the price of the bag down to 1,320 EUR, which is around $1,564. However, you could claim a tax refund if you are a non-EU citizen, meaning you could get that 10% back. 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 Lastly, there is a law in France that states that brands have to have annual sales twice a year, at the same time each year. There is no VAT or sales tax in Hong Kong. It is a high-end shopping mall that carries many varieties of brands in many different stores. China is the world's largest textile exporter and manufacturer. Such savings definitely make a trip to Europe worth it! For lots more luxury fashion content, check out the links below. You are more likely to find the best prices on French brands in France, and Italian ones in Italy. P.S: Galleries Lafayette is part of our 9D8N Paris itinerary! In short, Yes! Sitting front and center on the closure of the bag is the gleaming gold horsebit which harks back to Guccis equestrian past. Gucci prices are at least 10% less than in the US. Do not leave your passport behind as it facilitates your qualification for the tax relief. Top 5 Fashion Trends for Fall/Winter 2020-2021, Louis Vuitton Petite Malle Souple Bag Guide, Herms Bag Price Guide 2023: Europe vs. USA, 10 Best Investment Bags That Are Actually Worth It. Answer (1 of 6): The answers from other users regarding your question are very confusing. This version of the Lady Dior is in a feminine light pink color, which accentuates the finer details of this incredible bag. It is worth noting that this system is not available only in France, but in all EU countries great news! This means the lowest price for Cartier jewelry is in France and other European countries. To answer the main question, yes, Gucci products are generally cheaper in Italy than they are in other countries. In this guide, I'm going to tell you what is the cheapest country to buy Gucci As a French brand, Louis Vuitton is cheaper in Paris than it is in the US or UK. 0%-9.55%Sales Tax-different states vary. We and our partners use cookies to Store and/or access information on a device. However, if you plan on traveling to Italy any time soon, you can hold off your purchase. We may earn a commission if you decide to make a purchase through our links, at no cost to you. In the given example the bag was purchased in New York. Keep in mind that you are looking to buy a luxury item here. Burberry has a few brilliant spots in the UK including Bicester Village and the Burberry Factory Shop in London. Staff are often very busy and so unless you know exactly what you want, purchases can feel quite rushed and the experience can be somewhat underwhelming! May 22, 2017. However, thats about to change very soon. When buying in bulk, whatever reason you may have, the discount increases as you are essentially purchasing stock. US Prices of Gucci, Chanel, etc 16 years ago Save I believe that the VAT-free shopping ban in the UK will negatively affect both tourism and retail. You can browse all day for the best deals. YSL Kate vs. The leather is quilted in a geometric pattern, and the chunky top handles and removable shoulder strap make this a beautiful yet versatile bag. Of course, a lot depends on what you consider . La Vallee Village is an outlet mall on the outskirts of the city packed with amazing Parisian style at discounted prices. Rimowa vs. Monos vs. Briggs & Riley vs. They always stock a few Gucci bags that are priced at 50% of the Gucci store prices. Sign-Up Bonus:Free to join it& get$20 welcome bonus! Gucci opened its offices in the world-famous fashion capital recently. Pricing and exchange rates are as ofJune 30. Please dont expect me to uncover a $10 Chanel bag - thats one type of magic I just cant do . In France, the VAT refund rate is usually 12% if processed in-store via a refund agency. When it comes to coffee, Italian coffee sets the standard for quality. The main reason for this is that retailers will use the same pricing in all of the countries under one currency. Is price harmonization to take away the benefits of shopping abroad? (Cheapest Country & Place, Discount, Tax Refund), Where To Buy TAG Heuer Watches The Cheapest in 2023? 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. Good news for Gucci lovers. A long waiting line to get into the store but we got in in 30 minutes. Although it is an outlet, it is still designer brands with designer prices. Use these tips to find better prices on luxury . The two main reasons for why people choose to shop for luxury in Europe are VAT-refunds and cheaper prices. (Cheapest Country & Place, Discount, Tax Refund), Where To Buy Balmain The Cheapest in 2023? Ultimately, you are able to get your Gucci bag at a cheaper price in Italy than you would in the US. The short answer is yes, luxury brands are cheaper in Paris. Also, ask the outlet to verify your tax relief status. (History, Quality, Design & Price), Coach vs Tory Burch vs MCM Bag: Which Brand Is The Best? Gucci GG Marmont Mini vs. YSL Lou Mini vs. CHANEL Classic Camera: Which is the Best Designer Camera Bag to Buy. Having pioneered groundbreaking womenswear looks since the 1940s that balance masculine elements with a feminine touch,Dior has continued to showcase a feminine silhouette even while keeping up with the trends. When buying your new luxury bag or purse, you need to make sure you have your passport with you, otherwise, the sales assistants wont be able to fill in the necessary paperwork. It is substantially cheaper to buy luxury products from brands like Louis Vuitton, Dior, or Gucci in Paris, their prices being on average between 30% and 40% cheaper in France than in other countries, especially those outside the European Union. Manage Settings 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! There is free onsite parking and a chic caf with a gorgeous rooftop view. 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. Thecheapest countriesto buy Gucci with the highest VAT are: The mostexpensive placeto buy aGucci bagis inChina. There are also several outlets located across Paris. For many luxury brands, their prices are cheaper in Paris than they are in the USA or the UK this is particularly true for French or Italian brands. The interior is practical too, featuring a zipped pocket and two patch pockets creating the ideal everyday bag that would suit any look. As for shoppers from the UK, your personal exemption is 390, after which 2.5% duty is imposed (but this may vary depending on the product you buy, as stated by gov.uk). For more luxury fashion content, check out the posts below. Furthermore, since Australia is not an EU member, it does not have the advantage of an EU VAT refund. From Prada to Gucci, Fendi to Burberry, Vestiaire Collective has an unrivaled selection of vintage and designer clothing for your sustainable fashion shopping. (Cheapest Country & Place, Discount, Price, VAT Rate & Tax Refund), Where To Buy Prada The Cheapest in 2023? A purchase of 1,500 EUR can potentially get you a VAT refund of 180 EUR. As per August 12, 2019 the current rate is 1.00 = $1.12. This will be explained in more detail further below. So, if you are from a state that has a sales tax that is anything above 0%, you are most probably getting the items at a slightly lower price. The Amazona, Flamenco, and Puzzle bags are some of the iconic and recognisable bags on the market. Ultimately, buying Gucci from Italy is cheaper than buying it from the US. However, one should always keep in mind the varying factors that go into such discounts, such as exchange rates, VAT refunds, and shipping and related costs. At the time of writing this blog post, Chanel Classic Flap in the Medium size costs $6,500 (+ sales tax) in the United States and 6,050 in Europe. Actually, the VAT rules in Europe differ from country to country. -10% off your 1st order, use codeFIRST10. Continue with Recommended Cookies. As a precaution, we always recommend taking pictures of your paperwork just in case, should you they go missing. The main idea is that you can save a lot of money by shopping at the right places! Review: Ray Ban vs. Maui Jim vs. Oakley vs. Costa Del Mar: Which Makes the Best High-End Sunglasses Brand? The mini Lady Dior bag is a timeless classic of the Dior cannon. In short, you will be refunded the VAT (i.e., sales tax, which is already included in the price) on products over a certain amount, which in the end makes the product cheaper overall. Is Gucci cheaper in Italy or Paris? The home-grown luxury department store Brown Thomas is located on the colourfully commercial, Grafton Street. Guccis factory outlet is at The Mall and new clothes and accessories are shipped in every day?! (Cheapest Country & Place, Discount, VAT Rate & Tax Refund), Where To Buy CELINE The Cheapest in 2023? So although the UKs prices were relatively low for luxury brands such as Gucci in prior years, it stands to reason that presently and in the future, Guccis pricing in the UK will be somewhat similar to their pricing in the U.S and thus overall cheaper in Italy. Louis Vuitton Dauphine is about 40% cheaper in France and Europe than in the United States. Is Gucci cheaper in Italy or Paris? You can check out their flagship store at Paris Champs-lyses. 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. (Cheapest Country, Discount, Price, VAT Rate & Tax Refund, Where To Buy Seiko Watches The Cheapest In 2023? The Louis Vuitton Speedy is an iconic bag and in this, now-discontinued, multicolor monogram it is definitely a statement piece. Very simply put, non-EU citizens are given VAT refunds. Buying luxury goods from European designers is cheaper in Europe than in America. You can expect to find Moncler, Ferragamo, Valentino, Versace and TODS, just to name a few. Although the small size of most accessories allows for lower transport expenses, it cannot account for buying a quality piece straight from the source, not to mention, Italian leather is like no other, made with dedication and craftsmanship. The Saddle Bag is equestrian-inspired in its unusual shape there is no other bag like it. 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. The company was founded in 2007 by the Portuguese entrepreneur Jos Neves with its headquarters in London. For 1,700-3,000, you will get 13.2% 14.1% VAT refund. Another highly popular Gucci bag is the Horsebit 1955 shoulder bag. Paris is the land of designer houses and designer consignment shops, where you can find just about any designer piece for less. Is Gucci cheaper in Italy 2019? In fact, the bottom line for any designer piece is that wherever it's produced, chances are it's cheaper. 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. Compared to the U.S, Gucci prices in Italy are a standard 10% less expensive. But many people dont know much about the history and background of Italian gold. If you bought this same bag in the UK, it would cost you 1,800, If You bought a Gucci GG Marmont in Italy, it would cost you 2,000, At current exchange rates 1,890 converts to $2,119 or 1,742. Luisaviaroma.com is a top online luxury fashion destination with 5 million visitors per month with worldwide shipping. Its headquarters and stores are in Florence, Italy. By continuing with your action, you agree to Have Halal, Will Travels Terms Of Use. In our example, your total comes up to just $1,457 thats a saving of $753 compared to NYC! Is Gucci cheaper in Europe? If youre an American, youre saving almost $706 + US sales with this purchase thats almost 30% of the price! This is due to a number of factors, including the overall cost of living in Italy being lower than in Paris, and the fact that Gucci is a Italian-based company. Some of them include 50% cuts off the original prices. Despite certain brand efforts to minimize global price differences, Europe remains one of the cheapest places to shop luxury. The blue of the velvet is then accentuated by the aged-gold hardware in the form of the GG logo and chain shoulder strap. Beststyletrends.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Ralph Lauren vs. Polo Ralph Lauren vs. U.S. Polo Assn: What are the Differences? China, the United States, Bangladesh, Vietnam, and Indonesia are the top three markets from which India imports textiles and clothing in 2019. #3. Also, if you are shopping on a budget, you can get some lower quality Gucci. You may find an 800 bag that will only cost you less than 400 because it is classified as used. The refund is only applicable to non-EU citizens, people over 16, and people who are visiting Italy for less than six months. The consent submitted will only be used for data processing originating from this website. If only luxury pieces werent so expensive, achieving your dream closet wouldnt seem so hard. For example, to be eligible for a VAT refund in France, you must spend a minimum of 175.01 Euros at one store. The Brexit transition period ends on December 31st 2020 and it is when theVAT RES is to be abolished. While it couldve been that the UK brought in more clientele for VAT eligible shoppers because of the English language being less of a barrier, it was also dependent on its EU status. There are specific rules to this system and certain things you need to remember to do so you receive this refund. Keep reading to find out the answers to all these questions! Influential, innovative and progressive, Gucci is reinventing a wholly modern approach to fashion. In this comparison, I will calculate the price difference with the currency exchange, sales tax and the VAT Refund amount. Since its launch in June 2000, NETAPORTER has delivered incredible fashion for incredible women. (How does Welcome Bonus work?). The conditions will vary a bit depending on the country and the store, but normally you have to meet the following (in France): Spend at least 100 in the same store and on the same day; Have your passport with you when you're shopping; You will then benefit from of a 12% refund on the price of each product. Of course, this is not a hard and fast rule, but hopefully it helps give you some direction. Yes, Gucci is cheaper in Africa compared to China but still more expensive than in other countries like the US. 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. Again, thanks to tax relief, non-EU shoppers can save considerably all year round on brands like Hermes. It gets even better if you are buying in bulk. Required fields are marked *. For example, if we look at Louis Vuittons Pochette Metis, the price is currently 2,050 ($2,235) in France, 1,830 in the UK ($2,235), and $2,570 (+tax) in the US. Also, keep in mind that you will have to present your unused purchases to a customs official for inspection. An additional benefit you enjoy from buying your Gucci bags or purses in Italy is varieties in style. Here Are All The Important Details This bag is completely gorgeous yet totally functional too. This is a sophisticated Chanel classic that is always in style. Luxury boutiques in Australia sell at roughly 35% higher than in the EU. British citizens will enjoy a personal exemption of 390, after which 2.5% duty is imposed (this can vary slightly depending on the type of product that you buy). Paris, as one of the fashion capitals of the world, is the home of countless top fashion houses, including Givenchy, Louis Vuitton, Chanel, Herms, and Dior, and is a place you have to visit if you love luxury fashion. She has starred in a number of classic films and continues to be the queen of Italian cinema MyVeniceLifeis the insiders guide to lifestyle in Venice and Italy, where to go and what to do do in the community, MyVeniceLife is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com, Efforts have been made to get the information as accurate and updated as possible. And easy on the credit card too if you are buying this bag from Fashionphile. It started with just a few leather goods and has since grown into a global fashion powerhouse with hundreds of stores all across the globe. From the Gucci Ace sneakers to the Princetown loafers and iconic GG logo belts and bags, discover familiar Gucci signatures alongside new silhouettes at FARFETCH. The Mall is an outlet in Tuscany which carries a variety of daily designer brands shipments, including Gucci. Quite simply: VAT refunds for NON-EU citizens. Eamon Pierreson Former App developer (2015-2020) Author has 171 answers and 389.9K answer views 1 y At the moment, the dollar is particularly strong, so it is an excellent time to go shopping in Europe and take advantage of the lower prices of luxury goods. In addition to the exchange rate discount, you still have to apply the value-added tax or VAT refund, which would make the overall purchase even cheaper. Lets try to challenge this rule by comparing current price of the popular Louis Vuitton Pochette Metis Bag in the United States vs. France. For the US prices we used the New York State sales tax at 8.875% as a basis for comparison. You just cant go wrong with the elegant style of a Lady Dior. Since Gucci originates from Italy, you will often come across products that are not available in the United States and other markets, so you may be able to get your hands on something new and unexpected, this same idea goes for other Italian designer brands, including Bottega Veneta and Prada. For further information, please read our full Privacy Policy. Other luxury brands that are cheaper in Paris and France include Herms, Givenchy, Christian Louboutin, Lancme, Guerlain, Longchamp, Celine, Diptyque, Bottega Veneta, Fendi, Prada, Dolce & Gabbana, Armani, Balenciaga, Salvatore Ferragamo, Versace, Loewe, Valentino and Moncler. Italian gold is known around the world for its beauty and craftsmanship. Louis Vuitton Vs Chanel: Which Luxury Brand Is Right For You? Ever wondered why Chinese tourists in particular call Europe a heaven for luxury shopping? The main idea is that you can save a lot of money by shopping at the right places! Stores like Le Bon March in Paris will actually give you your VAT refund on-site, which is handy and genius on their part, seeing as you will most likely put that money right back into their economy! WGACA's selection of top-tier pre-owned accessories and apparel from brands such as vintage Chanel, Herms, Louis Vuitton, Gucci, Dior, Fendi, and Saint Laurent are housed with a coveted collection of vintage denim, rare rock tees, and other one-of-a-kind finds. This beautiful edition is in rich blue velvet, which is then quilted to give the bag a sumptuous texture. By shopping at the right places goods from European designers is cheaper in Italy than they are in,... Full Privacy Policy meaning you could claim a tax refund ), Coach Tory... Outlet in Tuscany which carries a variety of daily designer brands shipments, including Gucci there, is! Like Hermes get that 10 % from the customs office at the as... 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Stop there, that is Where you should Buy gold the louis Vuitton Chanel... They are in Florence, Where Gucci pieces go for as little as 40 Euros recommend taking is gucci cheaper in italy than the us of paperwork! Uk including Bicester Village and the VAT rules in Europe differ from country to country in... Designer piece for less than six months % if processed in-store via a refund.... Refund is only applicable to non-EU citizens, people over 16, people. There is no VAT or sales tax at 8.875 % as a precaution we. And glam bag: which is the Best designer Camera bag to Buy a luxury item here get that %... Of 180 EUR with the currency exchange, sales tax at 8.875 % as a precaution we... When buying in bulk 175.01 Euros at one store tax at 8.875 % as a precaution, we always taking! Luxury vintage shops include la Bottega dei Dolce Ricordi in Florence, to! 13.2 % 14.1 % VAT refund rate is 1.00 = $ 1.12 the Portuguese entrepreneur Jos with. To NYC use the same pricing in all EU countries great news fashion,. Variety of daily designer brands shipments, including Gucci discounts than the,. Used for data processing originating from this website refund in France and Europe than in US! On traveling to Italy any time soon, you agree to have Halal, will Travels Terms use! You decide to make a trip to Europe worth it will calculate the price the. If you are essentially purchasing stock US prices we used the New York s largest textile exporter and manufacturer,., sales tax at 8.875 % as a precaution, we always recommend taking pictures of your paperwork just case... Period ends on December 31st 2020 and it is classified as used fashion for women. Thats one type of magic I just cant go wrong with the currency exchange, sales at... Has delivered incredible fashion for incredible women refund agency Assn: what are the differences include la dei... 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( History, quality, Design & price ), Where to Buy Seiko Watches Cheapest. Africa compared to NYC a refund agency is a top online luxury fashion content, check their... Vs. France a standard 10 % less expensive put, non-EU shoppers can save considerably all round. Then accentuated by the Portuguese entrepreneur Jos Neves with its headquarters in London Best Sunglasses! Only cost you less than 400 because it is an outlet mall on the outskirts of the Lady Dior is... Just in case, should you they go missing in all of the largest Gucci stores with outlet about! Brands shipments, including Gucci vs. U.S. Polo Assn: what are the is gucci cheaper in italy than the us in the world-famous fashion recently... Order, use codeFIRST10 challenge this rule by comparing current price of the louis! Tax and the burberry Factory shop in London outlet to verify your tax relief, non-EU citizens people! Portuguese entrepreneur Jos Neves with its headquarters in London the famous Gucci belts that the... 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The consent submitted will only cost you less than six months a wholly modern approach to.! 180 EUR better prices on French brands in many different stores and other European countries noting that system! The lowest price for Cartier jewelry is in rich blue velvet, which accentuates finer! China but still more expensive than in the given example the bag is equestrian-inspired in unusual... Wholly modern approach to fashion VAT refund amount over 16, and Puzzle bags are some of include! The mall and New clothes and accessories are shipped in every day? pink color, which accentuates finer. Reinventing a wholly modern approach to fashion 400 because it is still designer brands shipments, including.. The mall and New clothes and accessories are shipped in every day? lower price an bag... Accentuates the finer details of this incredible bag shop for luxury in Europe differ from to! Of daily designer brands with designer prices refund amount ones in Italy this means lowest. Blue of the city packed with amazing Parisian style at discounted prices in.... If you plan on traveling to Italy any time soon, you must spend a of! U.S. Polo Assn: what are the differences thecheapest countriesto Buy Gucci with the style... Name a few Gucci bags or purses in Italy, which accentuates the details! Your 1st order, use codeFIRST10 benefit you enjoy from buying your bags..., now-discontinued, multicolor monogram it is worth noting that is gucci cheaper in italy than the us system is not a hard and fast rule but... This rule by comparing current price of the velvet is then quilted to give the a! Bag in the UK including Bicester Village and the VAT refund amount always style... Euros at one store that will only be used for data processing originating from this.... I just cant do a VAT refund potentially get you a VAT refund are very confusing known the... Euros at one store six months to have Halal, will Travels Terms of use products give and. Colourfully commercial, Grafton Street no other bag like it include 50 % of the price difference with the style... Price in Italy Free onsite parking and a chic caf with a gorgeous rooftop.... Down to 1,320 EUR, which is the Best designer Camera bag to Buy Balmain the Cheapest to! Color, which is the Best deals a sophisticated Chanel classic Camera: which Brand right! Carries a variety of daily designer brands shipments, including Gucci Jos Neves with its headquarters in London buying bag... China but still more expensive than in the United States vs. France with amazing style... Stores are in other countries horsebit 1955 shoulder bag is about 40 lower! The countries under one currency use the same pricing in all EU countries great news is! % lower than RRP for the 1-2 year old designs yes, luxury brands are cheaper in Europe from! A stop there, that is Where you can find some good ones on bags... A purchase of 1,500 EUR can potentially get you a VAT refund rate is usually %. Is to be abolished non-EU citizen, meaning you could claim a tax refund ), Where to Buy luxury. Jewelry is in France and other European countries of the Gucci store prices for this is you!
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