News
Forever 21 Hits UK, Daily Mail Complains Prices Are Jacked (Cough, Topshop)
By Leah Chernikoff
Forever 21 is headed across the pond to compete with UK high street staples like Topshop and Primark. Their first outpost opens in Birmingham today, to be followed by stores in London and Dublin. This, on the heels of the opening of their 91,000 square foot flagship store in Times Square. The recession has been kind to Forever 21.
“The customer always knows they will get great value at Forever 21, so the fact that it’s a difficult time now just..makes our concept potentially more appealing to people,” executive vice president Larry Meyer told the BBC.
But the Daily Mail is griping that while the UK prices are still cheap, they are significantly marked up from their prices in the US. The paper’s story, which ran with the headline “Chic, but not THAT cheap: US High Street favourite Forever 21 hits UK (but why are prices 25 per cent higher here?)” points out that “a dotted abstract skirt that sells for the equivalent of £11.08 in the US comes in at £13.80 in the UK, a mark-up of 24.5per cent,” and that “a faux leather jacket with a studded leather collar is £39.80 in this country, which is some 33per cent more than the £29.76 in the US and Canada.”
When asked about the pricing differential, a spokesperson for Forever 21 told the Mail, “When pricing our ranges we do not simply replace the dollar sign, we carefully consider all the local influencing factors such VAT and import costs.”
Of course, this is a problem we’re all too familiar with. When Topshop arrived stateside, rather than adjusting prices based on the exchange rate, they seemed to simply double them and slap a dollar sign on the tag.
If only there could be some sort of truce wherein Topshop adjusts their pricing in the US and Forever 21 does the same in the UK…
Tags: Forever 21, TopShop



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Bah… The Daily Mail is complaining – what’s new?
I don’t really think the mark-up is that bad and to be honest… 40 quid for a leather jacket is just insanely cheap anyway (so much so that it puts me off…) – that said, if they’re competing with Primark (I rate them both at about the same quality…) then I guess they’re losing out as the prices there are ridiculously low and of course they can afford to swallow up the VAT hike that we’ll be getting soon…
Things are just more expensive in the UK; it’s just how it is. Things are more expensive in Australia, too.
Things are just more expensive in the UK; it’s just how it is. Things are more expensive in Australia, too.
Gosh, I was so hoping this wouldn’t happen! Well sucks for me!
Just as Topshop introduced their US site the exchange rate fell from 1 pound = 2 dollars (to 1 pound = 1.5 dollars) – perhaps they predicted the pound falling and got in there with set prices whilst they could still justify them? Is rubbish if like me, you happen to be paid in pounds but live in the US. Topshop prices are getting silly either way whereas F21 is very cheap either way.
Who ever believes anything they read in The Daily Mail anyway? I for one can’t wait for the London branch to open…
hmmm, with the way the exchange rate constantly changes, it’s pretty hard to match prices exactly.
http://onetrickyblonde.blogspot.com/
True, but you have to consider what people in each country are used to paying. In the UK, Primark is wayyy cheaper than Forever 21. The quality is comparable. (I actually prefer Primark.) These companies need to consider that when they set up shop overseas. And saying the hike has to do with shipping costs is a poor excuse.
Primark is AWFUL and I don’t see how it can be compared to forever21 at all. I’m from NY and I was so surprised when I walked into Primark. It looked like a TJMaxx full of kmart-esque crap.
Primark is AWFUL and I don’t see how it can be compared to forever21 at all. I’m from NY and I was so surprised when I walked into Primark. It looked like a TJMaxx full of kmart-esque crap.
Primark is AWFUL and I don’t see how it can be compared to forever21 at all. I’m from NY and I was so surprised when I walked into Primark. It looked like a TJMaxx full of kmart-esque crap.
It’s also All Saints that does the pound-dollar conversion by retyping a sign. unforunately for All Saints lovers, they not only double it, but add a little something extra in the mix, so you have US prices with an extra 40-60% compared to UK. Which seems to justify visiting SOHO, not SoHO.
It’s also All Saints that does the pound-dollar conversion by retyping a sign. unforunately for All Saints lovers, they not only double it, but add a little something extra in the mix, so you have US prices with an extra 40-60% compared to UK. Which seems to justify visiting SOHO, not SoHO.