Where To Buy Loro Piana The Cheapest In 2024? (Cheapest Country, Discount, Price, VAT Rate & Tax Refund)
The Cheapest Country to Buy Loro Piana 2024
The cost of Loro Piana is various by country, so many are wondering the cheapest country to buy Loro Piana. Let's look at the Loro Piana cost comparison between the US, Canada, Europe, Hong Kong, China, and Japan. In this comparison, I will calculate the price difference with the currency exchange, sales tax and the VAT Refund amount.
For example, we will look at the price of Loro Piana Cedar Bucket bag in in Wicker/Malt white. Pricing and exchange rates are as of July 02. 2024.
| Country & Region | Local Price | USD Equivalent Price | General VAT Rates |
| United States | $5,100 | $5,100 | 0%-9.55%（Sales Tax-different states vary） |
| Canada | CA$7,000 | $5,095.26 | Combined federal and provincial/territorial sales taxes range from 5% to 16%. |
| United Kingdom | £3,775 | $4766.16 | 20% |
| France | €4,200 | $4,501.90 | 20% |
| Italy | €4,200 | $4,501.90 | 22% |
| Germany | €4,200 | $4,501.90 | 19% |
Ireland | €4,200 | $4,501.90 | 23% |
| Finland | €4,200 | $4,501.90 | 24% |
| Sweden | €4,200 | $4,501.90 | 25% |
Japan | Ұ734,800 | $4,544.77 | Consumption tax: 10% |
| Hong Kong S.A.R. China | HK$38,300 | $4,902.14 | There is no VAT or sales tax in Hong Kong |
| China | ¥38,600 | $5,308.54 | 13, 9, or 6% depending on the types of goods and services |
What is VAT?
The value-added tax (VAT) along with the goods and services tax (GST) is a consumption tax, which means it is paid by the private consumer. It is not a revenue tax. While over 160 countries use a value-added tax, it is most common in the European Union. It can be labelled VAT, TVA, IVA, moms, MwST, and a few others depending on each country.
VAT Rates: VAT is commonly expressed as a percentage of the total cost. For example, if a product costs $100 and there is a 15% VAT, the consumer pays $115 to the merchant.
Vat Tax Refund: It is a tax on consumption rather than income, and it ranges from 5-25%. If you pay this tax when shopping abroad, you can often get your money back after you've returned home, since travelers are typically entitled to a refund for the VAT portion of prices for goods.
Conclusion:
As you can see from the table above, if you are going to purchase the Loro Piana, then you should definitely purchase it in Europe (France, Italy, Germany, Ireland or other EU countries) due to VAT refund. If you are a visitor and normally reside outside of the European Union, you may be entitled to a VAT refund.
Buying Loro Piana in Europe is about 10% cheaper than buying it in the United States! After VAT refund, it will be about 20% cheaper than buying it in the United States!
Note:
In many cases, you won't get the full tax back since services like Global blue charges a fee. However, the most expensive place to buy a Loro Piana is in China.
If you’re shopping in other EU countries that do not use Euros (such as Denmark, Sweden & Poland), it’s important to check the exchange rate on the day that you are shopping to make sure you’re getting a good deal.
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How Does the VAT Tax Refund Work in the EU?
1. How much is the VAT in Europe?
When you travel to Europe and purchase goods and services, the price you pay generally includes this tax on the added value that is provided at each step of the supply chain, from production to sale.
In the European Union, the VAT rate generally ranges from 5 to 25%, depending on the country. Some of them apply different rates of VAT according to the type of product or service, generally categorized as “standard”, “reduced”, and “super-reduced”.
If you're travelling to France, for example, some products include a 20% VAT while it amounts to 5.5 or 10% on others. It can go as low as 2.1% for super reduced VAT.
2. When can you get a VAT refund?
In European countries, most downtown department stores, large shopping centers, brand stores, factory stores, specialty stores, etc. can get tax refunds, and you must look for the "VAT Refund" and "Tax Refund" signs. Within 3 months before leaving the country and returning to China, tax rebates can be obtained for clothing, cosmetics, luggage, electronic products, handicrafts and other items that can be carried out of the country purchased in these places.
3. Can I get a VAT refund on online purchases?
Yes, you can get a VAT refund even for your online purchases. The same rules apply: you must be a permanent resident in a non-EU country and the amount you paid must be above the minimum prescribed by the country of the online store.
4. Can I get a VAT refund on hotels?
If you're not a business traveller, no. VAT refund schemes don't apply to hotel stays because those are regarded as services consumed on-site rather than exported goods.
Companies that often resort to business travel may submit a VAT refund claim, but this is the only exception.
5. Is It Worth Claiming a VAT Refund?
It depends. If you're a problem-solver and frequent traveller, it's probably worth it. But there is no denying that since a lot of paperwork is involved, it's a tedious process.
The Process for Acquire Tax-refund in EU
1) Purchase Your Items
Go to the merchant and purchase your Loro Piana.
2) Get Your Passport Ready
In order to get your tax-refund, you will need to prove that you are a tourist from another country.
3) Receive Proper Documents from Retailer
The merchant will need to create a special tax-free form for your Loro Piana purchase. Most of the time, sales assistants will automatically fill in the paperwork for your refund, but make sure to double-check so you don’t miss out.
4) Get Documents Stamped
Your document will need to be stamped at customs before you can apply and return home.
5) Get Your Refund
It's very important you remember to drop your tax refund paperwork off at the airport. You need to find the tax refund desk, scan the document, and pop it into a mailbox. You can receive this VAT sales tax back immediately in cash or receive the refund via your credit card.
Where to Buy Loro Piana Cheapest in the USA?
You can also buy your Loro Piana at the tax-free states in the USA. In the United States, the tax paid at the time of shopping and checkout is usually a comprehensive consumption tax, namely Combined Sales Tax, which is composed of the fixed state consumption tax (State Sales Tax) of each state + the local consumption tax (Local Sales Tax) of different regions , which results in different consumption taxes in different regions even within the same state.
Among the states in the United States, there are 5 tax-free states (Alaska is free of State Sales Tax, and some areas charge Local Sales Tax): Oregon, Delaware, Montana, New Hampshire, Alaska (part).
Where To Buy Loro Piana The Cheapest Online in 2024?
If you’re not going to Europe any time soon, then you can check out these online sites to buy new & used Loro Piana. It is very convenient to buy online, and it will be delivered directly to your door. And there are deals, as these retailers occasionally have promo codes where Loro Piana is included.
Neiman Marcus Group is one of the largest multi-brand luxury integrated retailers in the U.S. In addition to 36 Neiman Marcus stores, the company operates two Bergdorf Goodman locations in Manhattan, and a dedicated website; and Horchow.com, a home accessories merchant.
Neiman Marcus is the company's signature retailer, selling women's, men's, and children's apparel, handbags and accessories, designer jewelry and precious jewels, and home and gift galleries. Neiman Marcus began operations in Dallas in 1907 and opened its first store outside of Texas in 1971. Neiman Marcus brings you an extensive Loro Piana collection, including men’s and women’s apparel and accessories.
Loro Piana Prices: $250-$13,025
Payment Methods: The Neiman Marcus credit card; Neiman Marcus gift card (USA only); American Express; VISA; MasterCard; Discover; Diners Club; PayPal. Credit Cards.
Coupon or Discount:
Sign up at Neiman Marcus for 15% off your 1st order;
Free shipping on qualified orders of $50+;
Up to 50% off sale.
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Bergdorf Goodman Inc. is a luxury department store based on Fifth Avenue in Midtown Manhattan, New York. The company was founded in 1899 by Herman Bergdorf and was later owned and managed by Edwin Goodman, and later his son, Andrew Goodman.
Today, Bergdorf Goodman operates from two stores situated across the street from each other at Fifth Avenue between 57th Street and 58th Streets. You can find Loro Piana women's clothing, shoes, handbags, accessories, men's items, and home here.
Loro Piana Prices: $195-$24,900
Coupon or Discount:
Sign up to get 15% off first order.
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Up to 60% off designer sale.
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Loro Piana is a symbol of Italian excellence. The label's relentless quest for quality has lasted for six generations and resulted in the most sumptuous fabrics, sourced and nurtured from the very beginning and prized for their sense of touch. Advocates for elegant, understated style, its clothes transcend seasonal trends in favor of function and unparalleled comfort. NET-A-PORTER brings you an extensive Loro Piana collection, including women’s accessories, bags, clothing, home, and shoes.
Loro Piana Prices: $150-$11,200
Payment Methods: Visa, MasterCard and American Express, Maestro, JCB cards, PayPal, Apple Pay, Klarna, Affirm, Union Pay.
Coupon or Discount:
Free standard delivery on orders of $200+;
Up to 60% off sale items;
EXTRA 15% OFF Enter code EXTRA15 at checkout. Terms and conditions apply.
Sign up at NET-A-PORTER for 10% off your 1st order;
Download NET-A-PORTER app to enjoy 10% on your first order – simply enter code APP10 at checkout. T&Cs apply.
Extrabux Cash Back: Up to 3% Super Cash Back.
Saks Fifth Avenue was the brainchild of Horace Saks and Bernard Gimbel, who operated independent retail stores on New York's 34th Street at Herald Square in the early 1900s. Their dream was to construct a unique specialty store that would become synonymous with fashionable, gracious living. The combined financial input of these great merchant families led to the purchase of a site between 49th and 50th Streets on upper Fifth Avenue, then jointly occupied by the Democratic Club and the Buckingham Hotel.
With the opening of its founders' "dream store" on September 15, 1924, Saks Fifth Avenue became the first large retail operation to locate in what was then primarily a residential district. By offering the finest quality men's and women's fashions, as well as an extraordinary program of customer services, Saks Fifth Avenue has become the byword for taste and elegance. Saks Fifth Avenue offers a lineup of Loro Piana men's items, women's clothing, shoes, handbags, and accessories.
Loro Piana Prices: $150-$7,700
Payment Methods: American Express; Apple Pay; Diners Club; Discover; Klarna; Mastercard, PayPal.
Coupon or Discount:
Sign Up for Email and Enter for a Chance to Win a $1,500 Gift Card;
10% off your order when you create an account with ACCOUNTSF;
Free shipping on all order of $300+, Use Code FREESHIP;
Up to 60% off designer sale.
Extrabux Cash Back: 2% Super Cash Back.
Sanpetuna is your Destination to buy & sell pre-owned and new sartorial/luxury items including Loro Piana, Brunello Cucinelli, Cesare Attolini, Orazio Luciano and many others.
Their specialty lies in high-end and sartorial garments, featuring prestigious brands like Loro Piana, Brunello Cucinelli, Cesare Attolini, Orazio Luciano, and John Lobb, all available at discounts of up to 80%.
Loro Piana Prices: $181-$21,576
Payment Methods: American Express; Apple Pay; Google Pay; Diners Club; Mastercard, PayPal; shop; Union Pay.
Coupon or Discount:
Sign Up for Email and get 10% off your order;
Free Shipping on all orders;
- Up to 80% off pre-owned luxury brands.
Extrabux Cash Back: Cashback temporarily unavailable.
Vestiaire Collective — The world's largest community of pre-loved fashion shoppers and sellers. Vestiaire reports 23 million members worldwide in 78 countries, with 20,000 products added daily. It's the best place to buy & sell designer fashion. You can shop millions of authenticated pieces, including Loro Piana.
Loro Piana Prices: $26.48-$29,642.40
Payment Methods: Visa, Mastercard, American Express, JCB, Unionpay, Dankort, Bancontact, Diners, Discover, Alipay, affirm, splitit.
Coupon or Discount:
10% off your first order with code WELCOMEVC. Valid in-app only.
Up to 80% off Louis Vuitton, Gucci, Dior & more.
Extrabux Cash Back: up to 6% Super Cash Back.
Buyma was founded in Japan in 2005 by Enigmo Inc. Currently, BUYMA has over 7 million users all over the world and over 5 million app downloads (app is only available in Japanese).
They are committed to ensuring the authenticity of every item sold on their website. With BUYMA you’ll discover limited edition items and local trends across the globe. Their sellers have the opportunity to access VIP discounts on luxury items from their local designer boutiques that you can’t get anywhere else. Brands including Loro Piana, Polène, BALENCIAGA, Berluti, BOTTEGA VENETA, Burberry, Cartier, CELINE, CHANEL, Christian Dior, Christian Louboutin, CHROME HEARTS, Dolce & Gabbana, FENDI, GIVENCHY, GOYARD, GUCCI, HERMES, Jimmy Choo, LOEWE, Louis Vuitton, Manolo Blahnik, MaxMara, MONCLER, PRADA, RIMOWA, Saint Laurent, Stella McCartney, Tiffany & Co, VALENTINO, and etc.
Loro Piana Prices: $435-$13,261
Payment Methods: credit card / PayPal / Apple Pay.
Coupon or Discount:
Sign up for emails & get free shipping + $10 off coupon on your 1st order.
Extrabux Cash Back: 2% Super Cash Back.
FARFETCH Limited is the leading global platform for the luxury fashion industry. Founded in 2007 by José Neves for the love of fashion, and launched in 2008, FARFETCH began as an e-commerce marketplace for luxury boutiques around the world. Today the FARFETCH marketplace connects customers in over 190 countries with items from more than 50 countries and nearly 1,300 of the world's best brands, boutiques and department stores, delivering a truly unique shopping experience and access to the most extensive selection of luxury on a single platform. Discover new & pre-owned Loro Piana clothing, shoes, and accessories.
Loro Piana Prices: $450-$4,051
Payment Methods: Visa, MasterCard, Maestro, American Express, Discover, Diners, JCB, PayPal, Apple Pay, Afterpay (only available in the United States and Australia), Alipay (only available to United States, Canada, China Mainland, Hong Kong SAR and Macau SAR), HB Pay (only available to China Mainland), Klarna (Instalments only available in the United States, UK, Italy and France; Sofort only available in Germany, Austria, Switzerland and Belgium), WeChat (available in China Mainland, Hong Kong SAR, Macau SAR, Canada, USA, Japan, Australia and New Zealand), UnionPay, Alipay HK (available in Hong Kong SAR - FARFETCH China Android app), KaKao Pay (available in South Korea - FARFETCH iOS app), iDEAL (only available to The Netherlands), Boleto (only available to Brazil), Cryptocurrency (the full list of valid cryptocurrencies can be found here).
Coupon or Discount:
Free delivery is eligible on selected full-price and sale items totalling over USD $145;
Up to 50% off selected items;
Enjoy 15% off your first order | Selected styles | Use code NC15FF;
Exclusive student offer: 10% off orders over $250.
Extrabux Cash Back: 2% Super Cash Back.
eBay is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble. At eBay, they create pathways to connect millions of sellers and buyers in more than 190 markets around the world. eBay is also a great place to buy pre-owned Loro Piana.
Coupon or Discount:
Free shipping on select items.
Extrabux Cash Back: 4-4.6% Extrabux cash back.
Does Loro Piana ever go on sale?
It is a well-known fact that Loro Piana, the epitome of Italian luxury fashion, never goes on sale. But you can purchase Loro Piana on sale at selected websites (such as Sanpetuna).
Is it cheaper to buy Loro Piana in Paris than Italy?
The price is the same, the only difference is the VAT. When it comes to tax refund, Italy may refund a little more.
Is it cheaper to buy Loro Piana in Paris?
Yes. If you are a visitor and normally reside outside of the European Union, you may be entitled to a VAT refund. Buying Loro Piana in Europe (including Paris) is about 10% cheaper than buying it in the United States! After VAT refund, it will be about 20% cheaper than buying it in the United States!
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