Brexit Gives Europeans $15,000 Discount on Cartier Watch: Chart
(Bloomberg) -- Rich foreigners visiting the U.K. have the chance to buy luxury goods at a discount given the pound's slide against the dollar, making Swiss watches cheaper than on the continent. The Cle de Cartier Flying Tourbillon, one of the brand's most expensive timepieces, costs $154,000 in the U.K., $15,000 cheaper than it does in France. EU citizens may need to act fast as luxury-goods makers usually adjust for currency shifts quickly to prevent such gaps.
To contact the reporter on this story: Thomas Mulier in Geneva at tmulier@bloomberg.net. To contact the editors responsible for this story: Matthew Boyle at mboyle20@bloomberg.net, Paul Jarvis
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