Saturday, October 31, 2009

Price comparison: Rimowa Topas suitcase prices

Rimowa Topas Rimowa has produced high quality pieces of luggage since 1898. However, it was in the 1930s that Rimowa began to make a name for themselves by crafting lightweight and watertight luggage made out of aircraft aluminum – which soon became fashionable travel icons.

Recently, the Asian Wall Street Journal’s weekly Arbitrage column conducted a survey of prices for a 32 inch titanium Rimowa Topas suitcase in various cities in Asia and around the world. The survey found that prices were considerably higher in Asia than in Europe. In fact, buying one in Shanghai will cost you US$845 more and nearly twice as much than if you were to buy one in London.

Price Comparison*

Shanghai 12,168 Yuan US$1,782
Sydney A$1,750 US$1,621
Singapore S$1,887 US$1,355
Hong Kong HK$10,480 US$1,352
New York City US$1,350 US$1,350
Manila 59,800 Pesos US$1,273
Rome €799 US$1,202
Brussels €795 US$1,196
Frankfurt €779 US$1,172
Paris €645 US$970
London €570 US$937

* Titanium, 32 inch. Prices are based on foreign exchange rates as of October 23, 2009.

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