If you are traveling to Europe this year and plan to go shopping, you may be wondering is it cheaper to go shopping in London or Paris. The short answer is it is cheaper to go shopping in Paris due to the VAT tax refund, the currency conversion, there is no import tax in Paris!
Are Luxury Brands Cheaper in Paris or London?
The Short Answer is Luxury Brands are cheaper in Paris compared to London! If you are traveling to both London and Paris and you are unsure where to purchase your luxury bags, accessories or clothes from, the answer is Paris!
Chanel Price comparison between London and Paris
Many people travel to Europe to get their hands on popular Chanel bags! Let's analyze why the Chanel classic bag in grained leather (caviar leather) is cheaper in Paris compared to London. (Pricing as of 2023).
|Converted to USD||$8520|
|Paris Pricing Minus |
VAT TAX Refund 12% (€1,014)
|Paris Pricing Converted to USD||$7867|
That’s a savings of $653 if you purchase the exact same Black Small Chanel Classic Bag in Grained Leather in Paris! It’s 100% worth it to purchase this bag in Paris compared to London. Shop vintage Chanel handbags online.
Cartier Price comparison between London and Paris
I get endless amounts of questions regarding the Cartier Love Bracelet price difference between London and Paris. Let's compare the Cartier Love Bracelet Yellow Gold, Width 6.1 mm (Thick Bracelet) pricing and currency conversion as of 2023.
|Converted to USD||$7933|
|Paris Pricing Minus |
VAT TAX Refund 12% ($894)
|Paris Pricing Converted to USD||$6,935|
That’s a savings of $998 by purchasing the Cartier Love Bracelet in Paris! As you can see from both examples, you will save a significant amount of money if you go shopping in Paris for your luxury bags, accessories, and clothing! Plus, the train from London to Paris so super easy and it only takes 2 and a half hours! Shop vintage Cartier Love bracelets online.
Why are Luxury Brands Cheaper in Paris compared to London?
There are a few reasons why luxury brands are cheaper in Paris compared to London. The first one is luxury brand that is headquartered in Paris, Italy, or the European Union don't have to pay an import tax. This forces the brands outside the European Union to charge more for luxury bags, accessories, clothes and more in stores.
The second main reason is when you buy luxury brands in the EU, such as Paris, France, Italy, Austria, etc. you receive what’s called a VAT TAX refund of 12% off purchases over 100 Euros. This is something that used to be available in the London, UK, but is no longer available due to the Brexit.
Which Luxury Brands are Cheaper in Paris compared to London
If you are trying to determine if a luxury brand is cheaper in Paris compared to London, you should first identify where they are headquartered. If the luxury brand is headquartered in Paris, Italy or anywhere in the EU, it will be cheaper in Paris compared to London.
The most popular brands that are cheaper in Paris vs London include: Balenciaga, Balmin, Bottega Veneta, Boucheron, Cartier, Celine, Chanel, Chaumet, Christian Louboutin, Dior, Fendi, Givenchy, Goyard, Gucci, Hermes, Louis Vuitton, Loewe, Dior, Yves Saint Laurent / YSL, Mugler, Tom Ford, Van Cleef & Aprel, and Many More!
Recap on Are Luxury Brands Cheaper in London or Paris?
In conclusion, if you plan to go shopping, keep in mind luxury brands are cheaper in Paris compared to London. Plus, with the Euro being comparable to the USD, now is the best time to go shopping in the EU!!
Sincerely Petite in Paris,