December 26, the famous British department store Selfridges on Oxford Street in London had a after Christmas sale. Even though, there was the subway workers strike, it still could not stop waves of shoppers rushing in. Worrying about the deep debt crisis, Europeans are tightening their belts, not spending as much as the previous years. But to some Chinese people, this is not a problem.
Standing in line outside of Louis Vuitton, Mss. Wang said, “What are we here to buy? One word – luxury. Everything will be more expensive in China, these designer brands were never discounted, therefore buying them in the UK is much cheaper.” “My mom asked me to bring her some Lancome cosmetics, a Gucci or Louis Vutton handbag and a belt. I got myself some Estee Lauder produces (cosmetics). Doreen bought a Prada hand bag for her mother. Chinese people made a special trip to the UK for the sales.”
Dan Li, 22 years old, and his mother Zhang Ya Guan who is 47 years old came to shop here from Beijing. Miss. Li said, “We came especially just for the sale. I already bought a Prada bag, cost 644 pounds, original price was 999, much cheaper than in Beijing.” “Prada bag is for my mother, I want to buy a Gucci bag. Probably going to spend around 800 pounds, that is as expensive as double of the Chinese customs duty.”