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Is Goyard Cheaper In Japan?

Apr 18, 2024Shopify API

Wondering, Is Goyard Cheaper in Japan? Well, you’re at the right place because we’re going to elaborate on this topic to tell you everything about it. 

If you're a fashion enthusiast with an eye for luxury accessories, the name Goyard likely resonates as a symbol of timeless elegance and craftsmanship. 

Goyard, the renowned French fashion house, has garnered a global following for its exquisite handcrafted bags, luggage, and accessories. However, for savvy shoppers seeking the best deals on Goyard products, the question often arises: Is Goyard cheaper in Japan?

Japan has earned its reputation as a fashion-forward and style-conscious nation, and it boasts a thriving luxury market. Goyard boutiques and retailers can be found in key cities across Japan, prompting speculation that pricing in the Land of the Rising Sun may offer a favourable advantage to those looking to make a Goyard purchase.

We'll delve into the factors that influence the cost of Goyard products within this fashionable country and provide insights to help you determine whether Japan holds the key to unlocking more affordable Goyard treasures. Let’s explore, Is Goyard cheaper in Japan or not? 

Is Goyard Cheaper In Japan?

Is Goyard Cheaper in Japan than in Other Countries: Price Comparison

Here is a comparison of the prices of 5 Goyard products in Japan, USA, UK, and France:

Product Japan (¥) USA ($) UK (£) France (€)
Goyard Saint Louis Tote Bag 950,000 2,600 2,300 2,700
Goyard Artois PM Tote Bag 650,000 1,800 1,600 1,900
Goyard Belvedere PM Tote Bag 550,000 1,500 1,300 1,600
Goyard Anjou GM Tote Bag 450,000 1,200 1,100 1,300
Goyard Mini Saint Louis Tote Bag 350,000 900 800 900

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Reasons Why Goyard is Cheaper in Japan

Why Goyard is Cheaper in Japan

Goyard is generally cheaper in Japan than in other countries for a number of reasons, including:

  • Lower cost of living in Japan. Japan has a lower cost of living than many other developed countries, such as the United States and Western Europe. This means that Goyard products are more affordable for Japanese consumers.
  • Lower sales tax in Japan. The sales tax in Japan is 10%, which is lower than the sales tax in many other countries, such as the United States (6-10%) and Western Europe (17-27%). This means that Japanese consumers pay less in sales tax on Goyard products.
  • Weaker Japanese yen. The Japanese yen is currently weaker than many other major currencies, such as the US dollar and the euro. This means that Japanese consumers pay less in their own currency for goods priced in US dollars and euros.
  • Stronger competition among Japanese retailers. There is a lot of competition among Japanese retailers that sell Goyard products. This competition helps to keep prices low for Japanese consumers.

Additionally, Goyard has a strong presence in the Japanese market. The brand has a number of boutiques in Japan, and its products are also sold at high-end department stores. This strong presence helps Goyard to keep prices competitive in Japan.

Related: Is Chanel Cheaper in Japan?

Is Goyard Cheaper in Japan vs. the USA?

Yes, Goyard is generally cheaper in Japan than in the USA. This is due to a number of factors, including:

  • Lower cost of living in Japan. Japan has a lower cost of living than the USA, which means that Goyard products are more affordable for Japanese consumers.
  • Lower sales tax in Japan. The sales tax in Japan is 10%, while the sales tax in the USA is 6-10%. This means that Japanese consumers pay less in sales tax on Goyard products.
  • Weaker Japanese yen. The Japanese yen is currently weaker than the US dollar. This means that Japanese consumers pay less in their own currency for goods priced in US dollars.
  • Stronger competition among Japanese retailers. There is a lot of competition among Japanese retailers that sell Goyard products. This competition helps to keep prices low for Japanese consumers.

Here is a comparison of the prices of 2 Goyard products in Japan and the USA:

Product Japan (¥) USA ($)
Goyard Saint Louis PM 380,000 3,900
Goyard Belvedere MM 550,000 5,500

As you can see, both Goyard products are cheaper in Japan than in the USA. The Goyard Saint Louis PM is about $500 cheaper in Japan, and the Goyard Belvedere MM is about $1,000 cheaper in Japan.

Related: Is Uniqlo Cheaper In Japan?

Is Goyard Cheaper in Japan vs. the UK?

goyard price comparison usa vs japan

Yes, Goyard is generally cheaper in Japan than in the UK. This is due to a number of factors, including:

  • Lower cost of living in Japan. Japan has a lower cost of living than the UK, which means that Goyard products are more affordable for Japanese consumers.
  • Lower sales tax in Japan. The sales tax in Japan is 10%, while the sales tax in the UK is 20%. This means that Japanese consumers pay less in sales tax on Goyard products.
  • Weaker Japanese yen. The Japanese yen is currently weaker than the British pound. This means that Japanese consumers pay less in their own currency for goods priced in British pounds.
  • Stronger competition among Japanese retailers. There is a lot of competition among Japanese retailers that sell Goyard products. This competition helps to keep prices low for Japanese consumers.

Here is a comparison of the prices of 2 Goyard products in Japan and the UK:

Product Japan (¥) UK (£)
Goyard Saint Louis PM Bag 195,000 £1,210
Goyard Anjou Reversible PM Bag 210,000 £1,345

As you can see, both Goyard products are cheaper in Japan than in the UK. The Goyard Saint Louis PM Bag is about £200 cheaper in Japan, and the Goyard Anjou Reversible PM Bag is about £250 cheaper in Japan.

Related: Is Nike Cheaper In Japan?

Is Goyard Cheaper in Japan vs. France?

Yes, Goyard is generally cheaper in Japan than in France. This is due to a number of factors, including:

  • Lower cost of living in Japan. Japan has a lower cost of living than France, which means that Goyard products are more affordable for Japanese consumers.
  • Lower sales tax in Japan. The sales tax in Japan is 10%, while the sales tax in France is 20%. This means that Japanese consumers pay less in sales tax on Goyard products.
  • Weaker Japanese yen. The Japanese yen is currently weaker than the euro. This means that Japanese consumers pay less in their own currency for goods priced in euros.
  • Stronger competition among Japanese retailers. There is a lot of competition among Japanese retailers that sell Goyard products. This competition helps to keep prices low for Japanese consumers.

Here is a comparison of the prices of 2 Goyard products in Japan and France:

Product Japan (¥) France (€)
Goyard Saint Louis GM 450,000 3,300
Goyard Anjou PM 380,000 2,800

As you can see, both Goyard products are cheaper in Japan than in France. The Goyard Saint Louis GM is about €400 cheaper in Japan, and the Goyard Anjou PM is about €300 cheaper in Japan.

Is Goyard Cheaper in Japan vs. China?

goyard price comparison china vs japan

Yes, Goyard is generally cheaper in Japan than in China. This is due to a number of factors, including:

  • Lower cost of living in Japan. Japan has a lower cost of living than China, which means that Goyard products are more affordable for Japanese consumers.
  • Lower sales tax in Japan. The sales tax in Japan is 10%, while the sales tax in China is 17%. This means that Japanese consumers pay less in sales tax on Goyard products.
  • Weaker Japanese yen. The Japanese yen is currently weaker than the Chinese yuan. This means that Japanese consumers pay less in their own currency for goods priced in Chinese yuan.

Here is a comparison of the prices of 2 Goyard products in Japan and China:

Product Japan (¥) China (¥)
Goyard Saint Louis GM Tote Bag 380,000 450,000
Goyard Anjou PM Tote Bag 250,000 300,000

As you can see, both Goyard products are cheaper in Japan than in China.

Is Goyard Cheaper in Japan vs. South Korea?

goyard products usa vs japan

Yes, Goyard is generally cheaper in Japan than in South Korea. This is due to a number of factors, including:

  • Lower cost of living in Japan. Japan has a lower cost of living than South Korea, which means that Goyard products are more affordable for Japanese consumers.
  • Lower sales tax in Japan. The sales tax in Japan is 10%, while the sales tax in South Korea is 10%. This means that Japanese consumers pay less in sales tax on Goyard products.
  • Weaker Japanese yen. The Japanese yen is currently weaker than the South Korean won. This means that Japanese consumers pay less in their own currency for goods priced in South Korean won.

Here is a comparison of the prices of 2 Goyard products in Japan and South Korea:

Product Japan (¥) South Korea (₩)
Goyard Saint Louis Tote Bag 950,000 1,100,000
Goyard Artois PM Tote Bag 650,000 750,000

Conclusion

As you can see, both Goyard products are cheaper in Japan than in South Korea. The Goyard Saint Louis Tote Bag is about ₩150,000 cheaper in Japan, and the Goyard Artois PM Tote Bag is about ₩100,000 cheaper in Japan.

In conclusion, the analysis indicates that Goyard products are generally more affordable in Japan compared to several other countries, including the USA, UK, France, China, South Korea, and others.

Ultimately, whether Goyard is cheaper in Japan for an individual buyer depends on various factors, and conducting thorough research and price comparisons is advisable to ensure a cost-effective shopping experience.
Hope your curiosity for Is Goyard cheaper in Japan, is quenched!

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