Chanel Australia Price Analysis

Alex

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Chanel Australia Price Analysis

Chanel Australia Price Analysis

Chanel price australia analysisAs requested by the community, we’re going to do a full analysis of the Chanel Bag Prices In Australia versus other countries.We already know that shopping designer goods in Aussie is pricey, but the question is how expensive?We’re going to compare the AUD prices with the following countries:
United StatesCanadaEuro countries
United KingdomSingaporeHong Kong
AustraliaJapanChina
South KoreaThailandMalaysia

For the euro countries, we’re going to pick Italy for this analysis, because it has the highest tax-refund rate.

The price analysis for Australians and travellers

This article is very helpful and informative, especially for Australians because we’re going to do the analysis in two parts:1). For local Australians: the AUD prices with GST included will be compared with the prices tax excluded (after tax-refund) of other countries.Why? Because Australian citizens need to pay GST if they shop in their own country, but they can apply for tax-refund in foreign countries.2). For non-Australian citizens aka tourists or travellers: the AUD prices are GST excluded and will be compared with the prices tax-excluded (after tax-refund) of other countries.Why? Because tourists and travellers are eligible for tax-refund in Australia and other foreign countries.

The bag analysis categories

We’re not going to analyze every handbag, but instead we’re going to categorize them in 4 parts: 1. the iconic handbags: like the Classic Flap Bag or the Reissue 2.55 Bag 2. the boy bags: like the Small Classic Boy Bags 3. the upcoming classics: like the Trendy CC Bag or Coco Handle Bag 4. the seasonal handbags: new bags that are only available in certain seasons.

The Content

There will be 4 chapters and in each chapter there are 3 sections:
  • 1. The Classic Bags
  • 1a. The Price Comparison 1b. Price differences for the (local) Australians 1c. Price differences for travellers/tourists
  • 2. The Boy Bags
  • 2a. The Price Comparison 2b. Price differences for the (local) Australians 2c. Price differences for travellers/tourists
  • 3. The Upcoming Classic Bags
  • 3a. The Price Comparison 3b. Price differences for the (local) Australians 3c. Price differences for travellers/tourists
  • 4. The Seasonal Bags
  • 4a. The Price Comparison 4b. Price differences for the (local) Australians 4c. Price differences for travellers/touristsIn the ‘b and c sections’, the table has 3 columns: Column 1: Countries: referring to the country Column 2: Price differences: the price differences in AUD Column 3: Expensive Or Cheaper To Buy In Aussie: is it more expensive or cheaper to buy in Australia?

    1. The Classic Bags

    Chanel Classic Flap Bag Prices Australia
    Chanel M/L Classic Flap Bag Style code: A01112 Size: 10′ x 6′ x 2.5′ inches

    The category of the Classic Bags includes the Classic Flap Bag, Reissue 2.55 Bag but also the Classic Wallets and Classic Wallet On Chain Bag.In this analysis, we’re going to use the M/L Classic Flap Bag as an example. The current price of the M/L Classic Flap Bag in Australia is $7240 AUD with GST.The price GST excluded is $6582 AUD.
    The price GST excluded is the price after tax-refund.

    1a. The Price Comparison

    In the table below, there are 3 columns:1). Countries: referring to the country 2). Prices Without Tax: these prices are already tax excluded due to tax-refund. Note: Europe prices are based on tax-refund rate in Italy because they have the highest rate. The tax-refunds are based on refund via credit card, but refund based on cash is slightly higher. 3). Prices converted AUD: the ‘Prices Without Tax’ are converted to AUD as per currency exchange rate on 12-8-2018.
    CountriesPrices Without TaxPrices Converted AUD
    United States$5300 USD$7257 AUD
    Europe€3853 euro$6026 AUD
    United Kingdom£3451 GBP$6034 AUD
    Singapore$7022 SGD$7002 AUD
    Hong Kong$41100 HKD$7168 AUD
    Japan¥583625 JPY$7207 AUD
    China¥33488 RMB$6700 AUD
    Canada$6550 CAD$6815 AUD
    Malaysia20450 MYR$6854 AUD
    South Korea5766500 WON$6995 AUD
    Thailand167293 Baht$6883 AUD

    1b. Price differences for the (local) Australians

    In this analysis, we’re going to compare the ‘AUD prices GST included’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table above).For example; the current M/L Classic Bag price in AUD with GST is: $7240 AUD. The current price after tax-refund in Italy is €3853 euro. €3853 euro converted to AUD is $6026 AUD.So the price differences is: $7240 AUD – $6026 AUD = $1214 AUD. So it’s $1214 AUD cheaper to buy in Italy.The table below is separated in 3 columns: 1). Countries: referring to the country 2). Price differences: the price differences in AUD 3). Expensive Or Cheaper To Buy In Aussie: is it more expensive or cheaper to buy in Australia?
    CountriesPrice DifferencesExpensive Or Cheaper To Buy In Aussie
    United States-$17 AUDCheaper
    Europe$1214 AUDExpensive
    United Kingdom$1206 AUDExpensive
    Singapore$238 AUD Expensive
    Hong Kong$72 AUD Expensive
    Japan$33 AUDExpensive
    China$540 AUDExpensive
    Canada$425 AUDExpensive
    Malaysia$386 AUDExpensive
    South Korea$245 AUDExpensive
    Thailand$357 AUDExpensive

    It’s quite obvious that purchasing in another country is cheaper if you’re an Australian citizen that needs to pay 10% GST. But in the table above, you can compare the price differences and see where it’s the best location to buy.

    1c. Price differences for travellers/tourists

    In this analysis, we’re going to compare the ‘AUD prices after tax-refund’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table 1b)For example; the current M/L Classic Bag price in AUD after tax-refund is: $6582 AUD. The current price after tax-refund in Italy is €3853 euro. €3853 euro converted to AUD is $6026 AUD.So the price differences is: $6582 AUD – $6026 AUD = $556 AUD. So it’s $556 AUD cheaper to buy in Italy than in Australia.The table below is separated in 3 columns: 1). Countries: referring to the country 2). Price differences: the price differences in AUD 3). Expensive Or Cheaper To Buy In Aussie: is it more expensive or cheaper to buy in Australia?
    CountriesPrice DifferencesExpensive Or Cheaper To Buy In Aussie
    United States-$675 AUDCheaper
    Europe$556 AUDExpensive
    United Kingdom$548 AUDExpensive
    Singapore-$420 AUDCheaper
    Hong Kong-$586 AUD Cheaper
    Japan-$625 AUDCheaper
    China-$118 AUDCheaper
    Canada-$233 AUDCheaper
    Malaysia-$272 AUDCheaper
    South Korea-$413 AUDCheaper
    Thailand-$301 AUDCheaper

    2. The Boy Bags

    boy chanel bag prices australia
    Chanel Old Medium Classic Boy Bag Style code: A67086 Size: 5.9′ x 9.8′ x 3.5′ inches

    The category of the Boy Bags includes the Classic Boy Bag, but also the Classic Boy Wallets and Boy Wallet On Chain Bag.In this analysis, we’re going to use the Old Medium Classic Boy Bag as an example. The current price of the Old Medium Classic Boy Bag in Australia is $6440 AUD with GST.The price GST excluded is $5855 AUD.

    2a. The Price Comparison


    The price GST excluded is the price after tax-refund.
    CountriesPrices Without TaxPrices Converted AUD
    United States$4700 USD$6435 AUD
    Europe€3423 euro$5353 AUD
    United Kingdom£3010 GBP$5262 AUD
    Singapore$6229 SGD$6211 AUD
    Hong Kong$36500 HKD$6366 AUD
    Japan¥517650 JPY$6392 AUD
    China¥29757 RMB$5952 AUD
    Canada$5800 CAD$6034 AUD
    Malaysia18170 MYR$6090 AUD
    South Korea5060000 WON$6138 AUD
    Thailand146264 Baht$6017 AUD

    2b. Price differences for the (local) Australians

    In this analysis, we’re going to compare the ‘AUD prices GST included’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table above).For example; the current Old Medium Classic Boy Bag price in AUD with GST is: $6440 AUD. The current price after tax-refund in Italy is €3423 euro. €3423 euro converted to AUD is $5353 AUD.So the price differences is: $6440 AUD – $5353 AUD = $1087 AUD. So it’s $1087 AUD cheaper to buy in Italy.
    CountriesPrice DifferencesExpensive Or Cheaper To Buy In Aussie
    United States$5 AUDExpensive
    Europe$1087 AUDExpensive
    United Kingdom$1178 AUDExpensive
    Singapore$229 AUDExpensive
    Hong Kong$74 AUD Expensive
    Japan$48 AUDExpensive
    China$488 AUDExpensive
    Canada$406 AUDExpensive
    Malaysia$350 AUDExpensive
    South Korea$302 AUDExpensive
    Thailand$423 AUDExpensive

    2c. Price differences for travellers/tourists

    In this analysis, we’re going to compare the ‘AUD prices after tax-refund’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table 2b)For example; the current Old Medium Classic Boy Bag price in AUD after tax-refund is: $5855 AUD. The current price after tax-refund in Italy is €3423 euro. €3423 euro converted to AUD is $5353 AUD.So the price differences is: $5855 AUD – $5353 AUD = $502 AUD. So it’s $502 AUD cheaper to buy in Italy than in Australia.
    CountriesPrice DifferencesExpensive Or Cheaper To Buy In Aussie
    United States-$580 AUDCheaper
    Europe$502 AUDExpensive
    United Kingdom$593 AUDExpensive
    Singapore-$356 AUDCheaper
    Hong Kong-$511 AUD Cheaper
    Japan-$537 AUDCheaper
    China-$97 AUDCheaper
    Canada-$179 AUDCheaper
    Malaysia-$235 AUDCheaper
    South Korea-$283 AUDCheaper
    Thailand-$162 AUDCheaper

    3. The Upcoming Classic Bags

    Chanel Coco Handle Bag Prices Australia
    Chanel Medium Coco Handle Bag With Calfskin Handle Style code: A92992 Size: 8.7′ x 13′ x 4.7′ inches

    The category of the Upcoming Classic Bags includes the Trendy CC Bag, Coco Handle Bag, Gabrielle Bag, CC Filigree Bag.In this analysis, we’re going to use the Medium Coco Handle Bag With Calfskin Handle as an example. The current price of the Medium Coco Handle Bag With Calfskin Handle in Australia is $5360 AUD with GST.The price GST excluded is $4873 AUD.
    The price GST excluded is the price after tax-refund.

    3a. The Price Comparison

    CountriesPrices Without TaxPrices Converted AUD
    United States$4300 USD$5887 AUD
    Europe€2967 euro$4640 AUD
    United Kingdom£2923 GBP$5111 AUD
    Singapore$5473 SGD$5458 AUD
    Hong Kong$30100 HKD$5250 AUD
    Japan¥449645 JPY$5553 AUD
    China¥26026 RMB$5205 AUD
    Canada$4800 CAD$4994 AUD
    Malaysia17190 MYR$5762 AUD
    South Korea4430000 WON$5374 AUD
    Thailand132245 Baht$5441 AUD

    3b. Price differences for the (local) Australians

    In this analysis, we’re going to compare the ‘AUD prices GST included’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table above).For example; the current Medium Coco Handle Bag With Calfskin Handle price in AUD with GST is: $5360 AUD. The current price after tax-refund in Italy is €2967 euro. €2967 euro converted to AUD is $4640 AUD.So the price differences is: $5360 AUD – $4640 AUD = $720 AUD. So it’s $720 AUD cheaper to buy in Italy.
    CountriesPrice DifferencesExpensive Or Cheaper To Buy In Aussie
    United States-$527 AUDCheaper
    Europe$720 AUDExpensive
    United Kingdom$249 AUDExpensive
    Singapore-$98 AUDCheaper
    Hong Kong$110 AUD Expensive
    Japan-$193 AUDCheaper
    China$155 AUDExpensive
    Canada$366 AUDExpensive
    Malaysia-$402 AUDCheaper
    South Korea-$14 AUDCheaper
    Thailand-$81 AUDCheaper

    3c. Price differences for travellers/tourists

    In this analysis, we’re going to compare the ‘AUD prices after tax-refund’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table 3b)For example; the current Medium Coco Handle Bag With Calfskin Handle price in AUD after tax-refund is: $4873 AUD. The current price after tax-refund in Italy is €2967 euro. €2967 euro converted to AUD is $4640 AUD.So the price differences is: $4873 AUD – $4640 AUD = $233 AUD. So it’s $233 AUD cheaper to buy in Italy than in Australia.
    CountriesPrice DifferencesExpensive Or Cheaper To Buy In Aussie
    United States-$1014 AUDCheaper
    Europe$233 AUDExpensive
    United Kingdom-$238 AUDCheaper
    Singapore-$585 AUDCheaper
    Hong Kong-$377 AUD Cheaper
    Japan-$680 AUDCheaper
    China-$332 AUDCheaper
    Canada-$121 AUDCheaper
    Malaysia-$889 AUDCheaper
    South Korea-$501 AUDCheaper
    Thailand-$568 AUDCheaper

    4. The Seasonal Bags

    chanel chevron flap bag
    Chanel Chevron Waist Bag Style code: A57592 Size: 4.3′ x 2.4′ x 7.1′ inches

    The seasonal bags are the new handbags that are released in every new season. Some of them will stick and return in the future, but majority will be discontinued when the season is over.In this analysis, we’re going to use the Chevron Waist Bag (from the F/W 2018 Collection Act 1) as an example. The current price of the Chevron Waist Bag in Australia is $4670 AUD with GST.The price GST excluded is $4245 AUD.
    The price GST excluded is the price after tax-refund.

    4a. The Price Comparison

    CountriesPrices Without TaxPrices Converted AUD
    United States$3400 USD$4656 AUD
    Europe€2406 euro$3763 AUD
    United Kingdom£2157 GBP$3771 AUD
    Singapore$4496 SGD$4483 AUD
    Hong Kong$25700 HKD$4482 AUD
    Japan¥364385 JPY$4500 AUD
    China¥20748 RMB$4150 AUD
    Canada$4100 CAD$4265 AUD
    Malaysia12730 MYR$4267 AUD
    South Korea4226000 WON$5126 AUD
    Thailand105609 Baht$4345 AUD

    4b. Price differences for the (local) Australians

    In this analysis, we’re going to compare the ‘AUD prices GST included’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table above).For example; the current Chevron Waist Bag (from the F/W 2018 Collection Act 1) price in AUD with GST is: $4670 AUD. The current price after tax-refund in Italy is €2406 euro. €2406 euro converted to AUD is $3763 AUD.So the price differences is: $4670 AUD – $3763 AUD = $907 AUD. So it’s $907 AUD cheaper to buy in Italy.
    CountriesPrice DifferencesExpensive Or Cheaper To Buy In Aussie
    United States$14 AUDExpensive
    Europe$907 AUDExpensive
    United Kingdom$899 AUDExpensive
    Singapore$187 AUDExpensive
    Hong Kong$188 AUD Expensive
    Japan$170 AUD Expensive
    China$520 AUDExpensive
    Canada$405 AUDExpensive
    Malaysia$403 AUDExpensive
    South Korea-$456 AUDCheaper
    Thailand$325 AUD Expensive

    4c. Price differences for travellers/tourists

    In this analysis, we’re going to compare the ‘AUD prices after tax-refund’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table 4b)For example; the current Chevron Waist Bag (from the F/W 2018 Collection Act 1) price in AUD after tax-refund is: $4245 AUD. The current price after tax-refund in Italy is €2406 euro. €2406 euro converted to AUD is $3763 AUD.So the price differences is: $4245 AUD – $3763 AUD = $482 AUD. So it’s $482 AUD cheaper to buy in Italy than in Australia.
    CountriesPrice DifferencesExpensive Or Cheaper To Buy In Aussie
    United States-$410 AUDCheaper
    Europe$482 AUDExpensive
    United Kingdom$474 AUD Expensive
    Singapore-$238 AUDCheaper
    Hong Kong-$237 AUD Cheaper
    Japan-$255 AUDCheaper
    China$95 AUDExpensive
    Canada-$20 AUDCheaper
    Malaysia-$22 AUDCheaper
    South Korea-$881 AUDCheaper
    Thailand-$100 AUDCheaper

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