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Hedge Luxury Goods for Their Inflation-proofed Values
Fashion Specialists Hedge Luxury Goods for Their Inflation-proofed Values
While the global expense confidence trapped in the cold winter, luxury brands announced the collective rises in prices in a high-key manner. However, for those white-collars who are fond of fashion expense with the "the strong RMB" in their hands, this is by no means a nightmare ......With the approach of Christmas and the new year, fashion mavens are bound to take actions!
Prices of luxury goods rise instead of falling in spite of the dispirited economy
Although there are rumors that "in Australia, a LOUIS VUITTON handbag originally sells at RMB10,000 only sold for slightly more than RMB6000 recently", or "the financial storm has come, most of the European big brands are all cutting their prices" ......Between the work place passes on a message, the always arrogant luxury brands, spread under the global situation at this economic crisis, still keep their attitudes, not only have not join in the big tidal current of some street-fashion brands in marking down their price tags, instead, announced the collective rises in prices despite the November coldness of the global expense confidence.
"Was it insane? The economic depression made people go to the church for the relief fund, how can luxury goods raise their prices 'impudently and shamelessly'!" In US, from November 1, CHANEL raises their prices by 20%. Once the news was released, criticism was provoked in the local.
Professional buyer, Bing Jun Huang from a purchasing network confirmed such view: "In France, GUCCI, CHANEL all already started to rise in prices, part of PRADA's best selling products also had slight rise. In Australia, LOUIS VUITTON as well took rises in prices, still the classic items in many stores are out of stock continually because there were too many shoppers."
The fashion white-collar's "sweeping the world" shopping plan
The price rise of luxury goods highlights the value it guarantees. "Some friends already began buying designer handbags as investment. Compare with the deeply locked up stocks, they'd prefer designer handbags" Wise shopper Yi Lin who just returned from Hong Kong after her shopping spree showed what she got and at the same time said to reporter.
In fact there are many young people holding such idea like Yi Lin. Huang tells reporter, "the appreciation of RMB causes kind of unusual 'butterfly effect' in the market. Compares with before the economic crisis, luxury goods overseas purchasing business is now better. Many customers are purchasing classic LOUIS VUITTON handbags, in the hope of 'guaranteed value'."
With the approaching Spring Festival, shopping trip to the Europe becomes first choice to many
If you are a royal fan of Louis Vuitton, then at present you possibly may want to go around in the Europe.
Huang raises a example for reporter that - - a Louis Vuitton Neverfull large size handbag costs approximately RMB6,000 Yuan in China; slightly more than 900 dollars in US, but because US has the consummation tax, so the final cost is almost the same as bought in China; After the price adjustment, the price in Australia is 960 Australian dollars, if changed into RMB is approximately 4400 Yuan; But in the Europe price is 455 euros, which is about 4000 Yuan."
Huang tells reporter that when considering buying luxury goods, the price is almost the same in any season, with the present low exchange rate now is a good timing. Certainly, the discount commodity better wait till holidays like Christmas.
As a"professional buyer", he summarizes his experience that, "the price in the country of origin is certainly the lowest. Calculates all, European brands is lowest in Europe, while the American brand in US is cheap. Minus the transportation cost, the tax rate, the price superiority is extremely obvious."
Related knowledge--- two strategies in luxury goods investment
Purchasing the big brands crazily, buying in limited edition of luxury goods like Rolex watch when the exchange rate is low ......How to shop wise in the financial storm and step yourself into a Bull market instead of a Bear market?
Strategy 1: Get the right place to shop
Perhaps you know Frankfurt Airport is the biggest one in Germany, second biggest in the Europe, also is a shopping paradise which one forgets to return with some many duty-free shops and famous brand goods stores, but you may not know the Goethestrasse in the town center of Frankfurt where a lot of international brands gather; Perhaps you did not know nearby the train station Hackney Central in local London, there is a Burberry factory shop where you can get the classical checks scarf at only 15 pounds......
Like when you are about to go traveling, you better take a look at others' review of same destination; before you go shopping, you better go to each big fashion forum's "Shopping" or "Discount" section to find out the most recent information.
Strategy 2: Get to know the quantity of the newly arrived limited edition, and its price in the second-hand market
The top international luxury brands' limited edition goods usually have the largest room of rise in value. When a piece of luxury goods becomes an art work because of its unique artistic style and characteristics, there is no limit of its increment.
Regarding second handed goods which you no longer admire, you may attempt sell it on EBay and the like, if you have the fixed on-line expense group, then a deal can be finalized very easily.
Or you may go to second-hand shops. Generally speaking, second-hand shops provide three ways: first way, the shop-keeper buys the item from you; second way is the sale on commission, you set a price for the item you want to sell, the shop takes 10% as commission; last way, replacement, which means you can choose goods in the shop to trade, then make additional payment for the price difference.(edit by louis vuitton replica handbags master)
Fashion Specialists Hedge Luxury Goods for Their Inflation-proofed Values
While the global expense confidence trapped in the cold winter, luxury brands announced the collective rises in prices in a high-key manner. However, for those white-collars who are fond of fashion expense with the "the strong RMB" in their hands, this is by no means a nightmare ......With the approach of Christmas and the new year, fashion mavens are bound to take actions!
Prices of luxury goods rise instead of falling in spite of the dispirited economy
Although there are rumors that "in Australia, a LOUIS VUITTON handbag originally sells at RMB10,000 only sold for slightly more than RMB6000 recently", or "the financial storm has come, most of the European big brands are all cutting their prices" ......Between the work place passes on a message, the always arrogant luxury brands, spread under the global situation at this economic crisis, still keep their attitudes, not only have not join in the big tidal current of some street-fashion brands in marking down their price tags, instead, announced the collective rises in prices despite the November coldness of the global expense confidence.
"Was it insane? The economic depression made people go to the church for the relief fund, how can luxury goods raise their prices 'impudently and shamelessly'!" In US, from November 1, CHANEL raises their prices by 20%. Once the news was released, criticism was provoked in the local.
Professional buyer, Bing Jun Huang from a purchasing network confirmed such view: "In France, GUCCI, CHANEL all already started to rise in prices, part of PRADA's best selling products also had slight rise. In Australia, LOUIS VUITTON as well took rises in prices, still the classic items in many stores are out of stock continually because there were too many shoppers."
The fashion white-collar's "sweeping the world" shopping plan
The price rise of luxury goods highlights the value it guarantees. "Some friends already began buying designer handbags as investment. Compare with the deeply locked up stocks, they'd prefer designer handbags" Wise shopper Yi Lin who just returned from Hong Kong after her shopping spree showed what she got and at the same time said to reporter.
In fact there are many young people holding such idea like Yi Lin. Huang tells reporter, "the appreciation of RMB causes kind of unusual 'butterfly effect' in the market. Compares with before the economic crisis, luxury goods overseas purchasing business is now better. Many customers are purchasing classic LOUIS VUITTON handbags, in the hope of 'guaranteed value'."
With the approaching Spring Festival, shopping trip to the Europe becomes first choice to many
If you are a royal fan of Louis Vuitton, then at present you possibly may want to go around in the Europe.
Huang raises a example for reporter that - - a Louis Vuitton Neverfull large size handbag costs approximately RMB6,000 Yuan in China; slightly more than 900 dollars in US, but because US has the consummation tax, so the final cost is almost the same as bought in China; After the price adjustment, the price in Australia is 960 Australian dollars, if changed into RMB is approximately 4400 Yuan; But in the Europe price is 455 euros, which is about 4000 Yuan."
Huang tells reporter that when considering buying luxury goods, the price is almost the same in any season, with the present low exchange rate now is a good timing. Certainly, the discount commodity better wait till holidays like Christmas.
As a"professional buyer", he summarizes his experience that, "the price in the country of origin is certainly the lowest. Calculates all, European brands is lowest in Europe, while the American brand in US is cheap. Minus the transportation cost, the tax rate, the price superiority is extremely obvious."
Related knowledge--- two strategies in luxury goods investment
Purchasing the big brands crazily, buying in limited edition of luxury goods like Rolex watch when the exchange rate is low ......How to shop wise in the financial storm and step yourself into a Bull market instead of a Bear market?
Strategy 1: Get the right place to shop
Perhaps you know Frankfurt Airport is the biggest one in Germany, second biggest in the Europe, also is a shopping paradise which one forgets to return with some many duty-free shops and famous brand goods stores, but you may not know the Goethestrasse in the town center of Frankfurt where a lot of international brands gather; Perhaps you did not know nearby the train station Hackney Central in local London, there is a Burberry factory shop where you can get the classical checks scarf at only 15 pounds......
Like when you are about to go traveling, you better take a look at others' review of same destination; before you go shopping, you better go to each big fashion forum's "Shopping" or "Discount" section to find out the most recent information.
Strategy 2: Get to know the quantity of the newly arrived limited edition, and its price in the second-hand market
The top international luxury brands' limited edition goods usually have the largest room of rise in value. When a piece of luxury goods becomes an art work because of its unique artistic style and characteristics, there is no limit of its increment.
Regarding second handed goods which you no longer admire, you may attempt sell it on EBay and the like, if you have the fixed on-line expense group, then a deal can be finalized very easily.
Or you may go to second-hand shops. Generally speaking, second-hand shops provide three ways: first way, the shop-keeper buys the item from you; second way is the sale on commission, you set a price for the item you want to sell, the shop takes 10% as commission; last way, replacement, which means you can choose goods in the shop to trade, then make additional payment for the price difference.(edit by louis vuitton replica handbags master)
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