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I think we will probably see an across-the-board price increase in Europe before we see one in the US. Because the euro is so weak right now, the gap between US & european LV prices is even greater than usual. LV really can't increase prices in the US before it increases prices in Europe, otherwise the gap will be even more massive and potentially disruptive to the US LV market. If you could get LV for 50-60% off in Europe, would you continue to buy everything in the US, or would you consider traveling to make some big purchases? Look what happened with China before their market crashed--luxury tourism and gray market reselling. Of course, I could be totally wrong. Who knows.
Did chinese market crashed? Luxury tourism and gray market reselling is still happening...
However I heard that custom is implementing new rules so that people will have to pay taxes for goods in packages.
China's stock market crashed in 2015 and again in early 2016. There's a ton of financial turmoil there right now. I agree that there's still luxury tourism/gray market stuff going on, but overall luxury purchases have declined since China's economy started tanking.
http://www.ibtimes.com/chinas-economic-slowdown-hits-luxury-brands-burberry-louis-vuitton-2142126
If you are planning to buy so soon, just pull the plug and do it now. It's always comforting to know that you "made it"Someone mentioned in their reveal yesterday that the SA told her there would be a price increase on Tuesday (tomorrow). She is in the UK; a comment asked if it would also apply to the US but the answer seamed vague. Does anyone here get a heads up from their SA 24 hours before an increase? I'm planning on buying in 2 weeks.
If you are planning to buy so soon, just pull the plug and do it now. It's always comforting to know that you "made it") Unless you are waiting for a specific nag or color and price doesn't matter...
If you are planning to buy so soon, just pull the plug and do it now. It's always comforting to know that you "made it") Unless you are waiting for a specific nag or color and price doesn't matter...
good luck!!My Birthday is May 1, and I was going to go that weekend. I agree with your theory...many people have been told there is not increase this year, but you never know when one person gets different info. I think I'll cross my fingers since it seems like this might be isolated to the UK due to their currency.
good luck!!I hope you get your item at the price you want ))
As I understood, it was more a price adjustment for the UK only, as LV prices are determined in and UK has Pound Sterling, so there are exchange rate fluctuations.
I hope there won`t be another price increase anytime soon![]()