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Luxury Shopping On the Rise

Shopping on The Rise

Luxury Shopping will be on the rise after this long and unwanted Pandemic. People are working from their homes and still make their money. Working on the computer all day increases the need to shop and surf the internet for extraordinary things.

Once the rules and regulations become relaxed from the Corona Virus, The need to get out and socialize is very apparent. Restaurants will open, Theatres will be operational, and parties will start-up in a big way.

Pink Fox Coat

Marc Kaufman Furs Pink Fox Coat

Need to Shop

The need to go Luxury Shopping will be the first on your list, right after going to your favorite hair and nail salon.

People have been saving their money, and if they were unemployed, that extra $600 per week stimulus money gave them disposal cash.

It will not happen overnight; the turn towards luxury goods will increase slowly. Then the momentum build up. The public has separated so long, and People need to show that they are ok and made it through these tough times.

Online Businesses

Online businesses capitalized, and new companies created. During
this long unwanted time off, online sales boomed. Computers, Food services, Luxury Clothing, and Accessories did very well during these tough times.

The start of luxury shopping online shopping has made it exponentially more comfortable for us to shop. With hundreds of retailers just a click away, shopping online became easy. Leaving the comfort of your house is no longer a necessity to have access to luxury brands.

Fendi, Supreme, Gucci, Tom Ford, and Prada, as well as streetwear staples like Junya Watanabe, Off-White, and AMIRI feared well during this crisis.

However, with the great variety of choice available to us, also comes a significant variation in quality. To prevent you from sifting through endless Google shopping results or resorting to the same tried and tested sites, we’ve put together the 19 top luxury shopping sites for designer goods, streetwear, one-off collaborations, and ready-to-wear looks.

Luxury customers do not mind shelling out for full-price items if it offers long-term value or perceived as an investment piece. They’re also driven less by sales, discounts, and practicality and more by emotions, promotional incentives, and a flight to investment pieces, from Hermes accessories and Bulgari jewelry to everyday wardrobe staples like jeans.

Shopping Report

According to the report, 72% of customers are willing to pay more for high quality wardrobe. Items as women opt for “a quality piece that will endure.” Shoppers are paying special attention to staple items like quality boots, winter coats and denim.

Nearly 40% say shelling out extra for such items pay off in the long term when considering cost-per-wear ratio. Additionally, 13% plan to eventually resell the item while 12% hope to pass it to their offspring one day. (Forbes Magazine 4/30/2020).

U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during the previous two months.
The Commerce Department’s report Tuesday showed that retail sales have retraced some of the record-setting month-to-month plunges of March (8.3%) and April (14.7%) as businesses have increasingly reopened. Still, the pandemic’s damage to retail sales remains severe, with purchases still down 6.1% from a year ago.

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New York luxury shopping NYC

New York luxury shopping for less best Places to Shop in NYC

New York luxury shopping for less

It’s still the world capital of luxury shopping – and with a little online homework, New York offers real bargains.
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Fur coat NYC skyline

Fur Coats NYC View

“Yes, madam, a lot of our British and Irish visitors say they are surprised at the price differences,” murmurs the subtly scented and suited old-school salesman.
I am peering into a glass-topped cabinet at a collection of diamond rings in Tiffany & Co, on Fifth Avenue. New York, having a Holly Golightly rapture moment. The shop is not only redolent – still – of the comforting glamour it exuded in Breakfast at Tiffany’s. It is also much cheaper than the London branch.

The classic Tiffany engagement ring, for instance, costs $8,500 (£5,315) here. That’s £1,000 less than in London, where that same ring – as I know for sure, having recently been shopping with a friend who’s about to propose to a long-distance girlfriend – is £6,300.

The salesman is coy about providing exact London/New York comparisons, so, back at the hotel, pausing only to text my friend with the essential news, I go online to the Tiffany US and British websites. Amazing. The “Tiffany 1837” 18-carat cuff, £4,175 in London, costs $5,500 (£3,437) in New York. Jean Schlumberger platinum and diamond earrings, £2,050 in London, are $2,700 (£1,685) in New York; a 16-stone diamond and platinum ring that costs £5,500 in London is $7,250 (£4,531) in New York.

New York is still the World’s shopping HQ. None of its rivals offer anywhere near as comprehensive a range of delectable things at unbeatable prices. Milan is suitable for hard-edged high fashion, but only if you are not scared by spider-thin sales assistants who stalk around pointedly tidying the hangers behind anyone who dares browse. Paris has the World’s loveliest scents, cosmetics, and lingerie stores, but clothes-wise is hard if you are tall, since almost everything aimed at the shorter French person.

Bangkok is excellent for gems and Tokyo for futuristic beauty and electronic stuff, but they are a long way to go to the shop. Stockholm, Helsinki, and Copenhagen have the World’s best shops for calmly-designed homeware but are relatively dull for clothes.

What is especially satisfying about New York is that it is easy to compare prices online. Tiffany is far from being alone in operating a usefully informative website (www.tiffany.com). Department stores such as Bloomingdale’s, Bergdorf Goodman, and Saks all run sites that make it easy to see what’s in store and what everything costs.

Clothes make some of the best buys, of course, as long as you shop for American designers. This spring at Saks (www.saksfifthavenue.com), for instance, online research reveals that you will find the 7 For All Mankind “Josefina” boy-cut jeans that are £200 at Net-a-Porter for $198 (£123). The J Brand loose chinos that are £230 at Net-a-Porter are $216 (£135). At the old-world Ralph Lauren store on Madison Avenue (www.ralphlauren.com), the standard men’s polo shirt, £65 in Harrods, costs $75 (£47). Marc Kaufman Furs, New York’s Largest Fur Store (kaufmanfurs.com) And in Bloomingdale’s (www.bloomingdales.com), the famous Juicy Couture tracksuit, still a gym-goer’s staple, £190 at Harvey Nichols, costs $178 (£110).

Chinchilla Fur Bolero Jacket

Marc Kaufman Furs Chinchilla Fur Bolero Jacket

Among accessories, a covetable Nancy Gonzalez crocodile bag that costs £2,200 at Harrods is $2,750 (£1,693) at Bergdorf’s (www.bergdorfgoodman.com). In Bloomingdale’s, Diane von Furstenberg’s “Dahlia” sandals that cost £195 at Net-a-Porter cost $195 (£121), and the sequined Fit Flops that are £50 in London, $60 (£37.50).

Designer silk scarves are 40 percent off regular prices in Century 21 (www.c21stores.com) American cosmetics and skincare brands such as MAC, Laura Mercier, Benefit, Philosophy, and Clinique are almost half the UK price at the 14 branches of cosmetics chain Sephora (www.sephora.com) At Bloomingdale’s, the file-style Trish McEvoy make-up bag, perfect for travel, and £55 at Selfridges, is $58 (£36).

Cameras, netbooks, laptops and other electronics are routinely 30 to 60 percent cheaper than at home at the ever-reliable.

Homewares are often less expensive, but not practical buys unless light or small. In Ralph Lauren’s home department, the crystal Bentley martini glasses that are £100 each in Harrods cost $125 (£78) each, while an “Overlap” picture frame, five inches by seven, £100 in Harrods, is $93 (£59). And there are some excellent deals on sports equipment. A golfer’s Callaway Big Bertha Diablo driver, for example, £239 in London sports stores, is $199.95 (£124) at World of Golf (www.theworldofgolf.com) Admittedly, though, that would be harder to take home than a neat little box from Tiffany.

My ring-buying friend, incidentally, has already booked a New York weekend for himself and his girlfriend – effectively free.

The best times are March-June and October-December – neither oppressively hot nor bitterly cold.

Where to stay
Five minutes’ walk from Tiffany, Saks, and Bergdorf Goodman, The New York Palace (00 1 212 888 7000, www.dorchestercollection.com) have views of the Empire State building from the higher floors. In the Renaissance Gilt, it has the city’s most beautiful dining room – plus an executive lounge for breakfast and day-long free snacks, drinks, and computer use. Doubles start at £246, a spectacular triplex at £927. Downtown, Thompson Hotels’ Smyth (00 1 212 587 7000) is the closest to J&R and Century 21; doubles from £151.

The relaxed new LES (00 1 212 460 5300), also from Thompson, is handily located near the cutting-edge boutiques of the Lower East Side; doubles from £215. (www.thompsonhotels.com)
Where to eat
As soon as you fix flights, book a table for dinner at the new Crosby Street Hotel (00 1 212 226 6400, www.firmdale.com), currently one of the liveliest scenes in the city. Alternatively, try the thoroughly American Standard Grill (00 1 212 645 4100, www.standardhotels.com) at The Standard Hotel in the heart of the Meatpacking District.
Getting around. luxury shopping, best part of NYC. The essential bus and subway fare is $2.50. A multi-trip MetroCard is useful, bought from any subway station. However, nothing beats bouncing over the potholes and steam vents in a yellow cab.

Virgin Atlantic (08448 747 747, www.virginatlantic.com) flies to NYC five times a day, from £361 economy to £2,047 Upper Class.

Get the celebrity look

Joe Namath shops for a blue mink coat at Marc Kaufman Furs New York City, Fur Coats in Baltimore,Fur Coats in Baltimore,Fur Coats inBaltimore, Denver, Los Angeles, Charlotte, Salt Lake City, Orange County,Santiago,Buenos Aires Denver, Los Angeles, Charlotte, Salt Lake City, Orange County,Santiago,Buenos Aires Denver, Los Angeles, Charlotte, Salt Lake City, Orange County,Santiago,Buenos Aires

Joe Namath visits Marc Kaufman Furs in New York City. He is wearing a dyed blue sheared mink Jacket.

Marc Kaufman (left) with legendary NY Jets quarterback “Broadway Joe” Namath
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