London, The Lowest Priced Louis Vuitton Bags in the World

Louis Vuitton Marc Newson Fleece Backpack

....Have you packed your bags yet? No pun intended!

How is this even possible you ask? It's economics my Dear Watson! With the fall of the Brittish pound back in June, dropping more than 17% against the American dollar - actually has some benefits. The cost of luxury goods, for the itme being, cost less in the UK after the conversion.

According to research by Deloitte, the Speedy 30 Louis Vuitton handbag is $802 in London, compared with $850 in Paris, $970 in New York, and $1,115 in China. All relative o course.

Louis Vuitton Speedy Bandoulière 30 Aurore

"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," Nick Pope, the head of fashion and luxury at Deloitte, told the BBC.

‘People don’t like paying more for the same product.’

In fact, it’s said that 64% of comparable luxury goods are now cheapest in the UK.