Cheapest and most expensive place to buy Louis Vuitton in Asia

The cheapest place to buy Louis Vuitton in Asia is Japan and the most expensive is in China for year 2015. Many thought the cheapest place to buy Louis Vuitton is in South Korea as it has the world first Louis Vuitton airport duty free shop operated by the Hotel Shilla at Incheon International Aiport.

After comparing the prices for a Speedy 30 in Korea, Hong Kong, Japan and China in April 2015. We then convert the prices to USD dollars to make a fair comparison.

• ￦1,160,000 in Korea, USD1072 after converting Korean Won to US Dollars
• HK$ 8,050 in Hong Kong, USD1038 after converting Hong Kong dollars to US Dollars
• ¥109,080 in Japan, USD910 after converting Japanese Yen to US Dollars
• ¥7,450 in China, USD1202 after converting China Yuan to US Dollars

Japan appear to have the lowest price. Even if we take 10% VAT refund in Korea, it will still cost USD956 compared to only USD910 in Japan. One of the contributing factor could be due to the weakening yen against US dollars.

The most expensive is still in China, no wonder all China tourist are flocking the Louis Vuitton outlets when they visit Europe.