As the Euro continues to slide against the US dollar (as of April 27th, the currency exchange rate is $1.00 = €0.92), a little self-indulging shopping trip in Paris is definitely not out of the question. In case any of you are planning such a lucky getaway--after all, it's a gorgeous time to visit the City of Lights--I thought you might want to do a little price research beforehand. So, to help guide your way through some calculations, I created a list of French luxury brands and their current handbag prices as an easy comparison between the two countries. Keep in mind, non-European residents are entitled to a TVA refund which, in France's case, is roughly 10%. The below prices are post-refund. As for US pricing, NYS sales tax (8.875%) was added. As you can clearly see, there is currently a big discrepancy in pricing between the two cities.
HERMÈS
Kelly 32 in Togo leather: Paris $6,670 vs US $11,320
Birkin 30 in Togo leather: Paris $6,620 vs US $11,870
Evelyn III GM: Paris $2,370 vs US $4,080
Halzan in Clemence leather: Paris $3,240 vs US $5,610
Toolbox in Swift leather: Paris $5,450 vs US $9,420
Jypsiere 31: Paris $5,890 vs US $10,180
CHANEL
Classic Flap Medium: Paris $4,180 vs US $5,340
Classic Flap Jumbo: Paris $4,660 vs US $5,990
Reissue 225: Paris $4,180 vs US $5,340
Reissue 227: Paris $5,060 vs US $6,530
Boy Medium Flap: Paris $3,650 vs US $5,120
Chevron Flap Medium: Paris $4,180 vs US $5,340
LOUIS VUITTON
Lockit PM: Paris $2,530 vs US $3,970
Lockit MM: Paris $2,920 vs US $4,630
Capucines BB: Paris $2,930 vs US $4,790
Capucines MM: Paris $3,870 vs US $6,100
Monogram Canvas Neverfull: Paris $880 vs US $1,370
Monogram Canvas Speedy 30: Paris $670 vs US $1,060
CÉLINE
Classic Box: Paris $2,450 vs US $4,250
Luggage Mini: Paris $2,060 vs US $3,380
Trapeze Tri-color: Paris $1,860 vs US $3,210
SAINT LAURENT
Sac De Jour Small: Paris $1,950 vs US $2,990
Sac De Jour Large: Paris $2,400 vs US $3,800
Cabas Monogram Medium: Paris $1,950 vs US $3,210
Lulu Medium: Paris $1,520 vs US $2,340
Cabas Y Bag: Paris $1,950 vs US $3,210
{Image credit: Daniel Sean Murphy}
Apr 27, 2015
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Oh wow! Food for thought...Thx ma'am :)
ReplyDeleteHi Marcia,
DeleteThank you for reading!
Wow that is a huge price difference!
ReplyDeleteIt really is!
DeleteWow thanks for this. I have a trip to Paris coming up allllll the way in the summer and I'm really hoping the Euro bargain will hold up (or maybe just have friends buy now....) decisions decisions :)
ReplyDeleteHi Dami,
DeleteYes, hopefully the dollar will remain strong until then and you can shop to your heart's delight. Have a fantastic trip!
it just makes you not wanna buy any bags in New York!! the difference is crazy!! who knew?!!!!
ReplyDeleteI heard Chanel stock is horrible in Euro. You can hardly find a black flap, reissue or le boy.
ReplyDeleteAnyone has update on stock?
Alot of asian resellers are buying up loads of them and shipping them over because of the profit margin.
DeleteNot necessarily now. Chanel's price has went down ~20% in China.
DeleteI was in Paris a few days ago and I can attest that the stock is horrible for Chanel's in Paris. There are literally no caviar bags; just lamb skin.
Deletei heard you can't buy a Birkin in Paris unless you spend the equivalent amount at the store buying something else (so for a $7k bag, you need to spend another $7k buying other things at the store). is that true?
ReplyDeleteNo you dont have to
Deletegood job , miz
ReplyDeleteThank you for reading!
DeleteDoes this apply to shoes too???
ReplyDeleteHi Rose,
DeleteI can't speak for shoes but, in general, the weak Euro will be advantageous to any US shopper who visits Europe these days.
Euro is no longer weak lately. It has gone back to over 1.1 (USD:EUR). Yike.
DeleteExcellent writeup! I did a long-ish, one month European trip 1.5 years ago when the Euro was still 35% higher above the dollar. Oh why of why can't the currency be this low then?
ReplyDeleteHi Sarah,
DeleteThank you! Maybe this is a sign you need to go again :)
Thank you! This is so helpful.
ReplyDeleteHi do you know about balenciaga prices being cheaper in Paris or Spain?
ReplyDelete