London may be one of the most expensive cities in the world for tourists, but not if you are after a Louis Vuitton handbag. It linked the trend to the fall in sterling since the Brexit vote, which has boosted tourists' spending power.
The trend in luxury pricing in the U.K. is being driven mainly by the depression in sterling – thus making the same item more affordable in the U.K. market than any other major luxury market.
Cheap louis vuitton fashion and luxury lead at Deloitte, told the BBC a "period of affordability" after the EU referendum vote was proving a "demand pull" for tourists, who account for more than half of the UK's luxury goods market.
Luxury brands are usually - and rightly - cautious about en masse pricing adjustments, In fact, it’s said that 64% of comparable luxury goods are now cheapest in the UK.
However, if you’re going to make an
investment, a swish luxury bag that you’ll love and cherish forever (and
probably wear every day) is one of the savviest a woman can make.