6.26.2019

Weak crown gives empty shelves

Sweden, which is one of the countries in Scandinavia, has chosen to stand outside the European currency cooperation Euro.

Today, Sweden is a "low-price country" when it comes to luxury goods because of mainly 2 factors. One factor is Sweden's weak crown. Another thing that affects is that Sweden has no "luxury tax" on imported top notch products.

During my visits to these stores like this I have seen Chinese, Russians and Americans tourists completely emptied for example the Louis Vuitton store.

After these tourists have visited the store, it looked like a bread shop in the former DDR.

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