Price comparison: Salvatore Ferragamo silk tie

Based in Florence Italy since the 1920s, the Ferragamo Group is one of the world’s leading fashion brands in luxury goods – creating everything from shoes, leather goods, silk products and accessories, as well as fragrances for both men and women. Ferragamo also has a network of more than 500 stores worldwide, making its luxury designs available in just about every major global market.

Hence, the Asian Wall Street Journal’s weekly Arbitrage column has recently conducted a survey of prices for Salvatore Ferragamo silk ties in various cities in Asia and around the world. The survey found that prices were highest in Tokyo at US$226 and actually lowest in London at US$148 (along with other European cities).

Price Comparison*

Tokyo	20,475 Yen	US$226
Jakarta	1.89M Rupiahs	US$207
Sydney	A$215	US$196
Hong Kong	HK$1,500	US$193
Kuala Lumpur	620 Ringgit	US$187
Singapore	S$250	US$179
New York City	US$174	US$174
Brussels	€115	US$155
Frankfurt	€115	US$155
Paris	€115	US$155
Rome	€115	US$155
London	99 Pounds	US$148

* Prices are based upon foreign exchange rates as of March 22, 2010.