USA is one of the cheapest countries to purchase designer fashion, according to new study

Chanel 2.55 handbag

Cheapest place to buy: United States – $6,800 (£4,872) Priciest place to buy: Australia – AU$10,800 (£6,013) The Chanel 2.55 handbag is one of the most iconic bags in fashion. Created in 1955 by Gabrielle Chanel, this timeless classic is popular the world over. The country with the highest price is Australia where it costs AU$10,800 (£6,013) while you can pick it up for the lowest price in the United States, where it costs as little as $6,800 (£4,872). That’s a difference of over £1,000!

Gucci GG Marmont reversible belt Cheapest place to buy: USA – $530 (£380) Priciest place to buy: China – CN¥4,900 (£539) This belt sporting Gucci’s famous double G logo is instantly recognisable and is synonymous with luxury fashion. This belt is most expensive in China where it costs CN¥4,900 (£539), while it costs the least in the USA at just $530 (£380).

Cartier Love Bracelet – 18K yellow gold Cheapest place to buy: USA – $6,550 (£4,693) Priciest place to buy: Norway – NOK72,500 (£6,261) The Cartier Love Bracelet is one of the most popular and iconic high-end jewellery pieces. This bracelet is most expensive in Norway, where it is priced at NOK72,500 (£6,261). It is most affordable when purchased in the USA, where it costs $6,550 (£4,693).

Panerai Submersible Goldtech™ – 42mm Cheapest place to buy: USA – $26,500 (£18,986) Priciest place to buy: UK – £23,800 The Panerai Submersible Goldtech™ is by far the most luxurious item on this list. These magnificent timepieces are created with a blend of Italian design, Swiss technology, and a clear passion for the sea. This watch is most expensive here in the UK, with a price tag of £23,000. The least expensive place to buy one is the USA, although they will still set you back $26,500 (£18,986).