Saving the VAT in Europe/UK is not so grand any more. For the little savings, I would prefer to be loyal to my SA and buy in the US.
I don't know about Asia now though.
There are weak luxury sales even in the Middle East because of the low Oil prices.
Bottom line is - PEOPLE AREN'T BUYING LIKE THEY USED TO.
Precisely! I think sales are definitely slowing down, but I'm getting turned off by the constant price increases that went up by 10% in my country! So much so that I don't even want to buy anymore. Seems counterproductive to me. I wonder if they will drop prices in overseas markets like they have in the US?
Anyway the pricing for the semi precious stones make no sense to me at all. They are more expensive than the pure gold pieces, and surely gold is worth a lot more than the semi precious. Nuts.