Popular Clothing Line More Expensive in Ecuador than Switzerland or Saudi Arabia

Posted on October 11, 2016 • Filed under: Business, Ecuador

lahora.com.ec reported According to a report in the magazine Vanity Fair, Zara clothing brand, a popular Spanish fashion stores with a presence on five continents, is more expensive in Ecuador than in other countries where the brand is sold.

For that assessment, taken as reference a long gray velvet dress in Spain is sold at 35.95 euros (40.04 dollars) Prices vary greatly depending on the country where it is sold. However, that same dress in countries that are considered the most expensive in the world like Saudi Arabia and Switzerland, it is more expensive to buy in Ecuador, a country with a strong tariff taxation for imported goods (surcharges).

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“Overall, explains the story of Vanity Fair in Spain prices are 15 percent lower than the European average. If that same velvet dress we bought in Ecuador, would have to shell out more than twice: US $ 89.99 (80.13 euros). In contrast, Mexico is exchanged for 35.90 euros, slightly more than in Andorra (35 euros). Read Article

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