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Jul 06, 2020 · Louis Vuitton India retail profit jumps 50% in FY17 10 Jan, 2018, 10.22 AM IST. Louis Vuitton India is likely to have included business generated through retail stores in the country and sales from its signature Louis Vuitton handbags.Louis Vuitton. Known for its impeccable style and quality, the Louis Vuitton brand is one highly admired by the fashion world. The company got its start way back in 1854 when the young French designer Louis Vuitton began making his own brand of trunks and luggage, and subsequently expanded the brand’s offering to include various seasonal purses and bags.
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no FX fee credit cards
Purchasing a handbag in a foreign currency typically leads to a currency conversion charge of 2-3% by your bank/credit card provider. As such, make sure to use a no foreign exchange fee credit card (if possible) to avoid this charge.
vat/gst refunds
VAT (Value-added Tax)/GST (Goods and Services Tax) are particularly high in Europe, ranging between 15-25%. If you are a visitor to the EU, you are likely to be able to claim back the VAT which would be a huge saving! Similar refund options are provided in many other countries around the world. Inquire with the retail store directly on the process. Most will use the services of Global Blue or a similar tax refund company.
USA / Canada sales taxes
Be aware of retail prices in the USA and Canada. In these countries, sales tax is added to the advertised handbag price (varies by province/state/region e.g., 8.875% in New York City). This in contrast to most other countries where taxes are already included in advertised retail prices.