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Forget the Big Mac Index or anything so plebeian. After all, few fashion folk would dare inhale the carbohydrates. Instead, to gauge the pinch of the plummeting dollar, WWD did a price survey of things that truly mattered — luxury handbags. Here, the price in local currencies and in dollar terms of the Gucci Indy bag and the Fendi To You clutch in New York, Milan, Paris and London.
Gucci Indy bag: Large black leather with light gold hardware: $2,590; small in monogram fabric, $1,750. (The large isn’t available in New York right now.)
Fendi To You clutch: Multicolored leather patchwork, $1,300; monogrammed, $1,400. (The patent leather version is not available in New York right now.)
Gucci Indy bag: Cloth version with the GG monogram, 1,250 euros, or $1,762.37 at current exchange.
Fendi To You clutch: Multicolored leather patchwork, 875 euros, or $1,233.66; monogrammed, 940 euros, or $1,325.31.
Gucci Indy bag: Black leather with light gold hardware, 1,690 euros, or $2,382.73; cloth version with GG monogram, 1,450 euros, or $2,044.33.
Fendi To You clutch: Multicolored leather patchwork, 875 euros, or $1,233.66; monogram fabric and patent leather, 940 euros, or $1,325.31. LONDON
Gucci Indy bag: Black leather with light gold hardware, 1,250 pounds, or $2,519.75; cloth version with the GG monogram, 1,040 pounds, or $2,096.43.
Fendi To You clutch: Multicolored leather patchwork, 625 pounds, or $1,259.87; monogram and patent leather mix, 675 pounds, or $1,360.66.
In the end, as the list shows, it’s a small world and brands have gotten better at global pricing — weak dollar or not. Of course, you still might want to grab the Indy or To You in Europe — those prices include sales tax, while New York’s don’t.