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Canny shoppers can save as much as 73 per cent on top fashion items if they cross the Atlantic to buy Christmas gifts in New York rather than in London. The seventh annual Post Office Travel Money Christmas Shopping Guide reveals that there are hundreds of pounds of savings to be made stateside. Prices for some of the most sought after brands are lower than last year even though the US dollar has rallied against sterling in recent weeks.

From more than 80 items surveyed, Post Office Travel Money found that prices for almost one in five of these were over 50 per cent cheaper in New York even after sales tax of 8.875 per cent has been added to the list price. The biggest bargains are again on designer jeans. At 107, True Religion Stella super skinny women’s jeans cost 62 per cent less than the 280 London price tag. Better still, at just 16 compared with 59 in London, Hollister men’s slim straight jeans are the best buy of all, saving 73 per cent.

Along with its hip sister brand Abercrombie Fitch (A Hollister offers bargain hunters the richest pickings in New York. From 25 clothing items compared by Post Office Travel Money, over half offered stateside savings of over 50 per cent. For example, a pair of ladies’ jogger sweatpants at Abercrombie Fitch cost 57 per cent less in New York than in London 25 compared with 58. Similarly, a men’s Adams Mountain hoodie is 61 per cent cheaper in New York (around 35) than in London (88).

Besides A and Hollister, many other sought after US fashion labels among them J Crew, J Brand, True Religion and Polo Ralph Lauren offer big discounts in New York with prices at 30 per cent or more below UK levels. There are also sizeable savings to make on desirable underwear items at America’s biggest lingerie store. A Victoria’s Secret demi bra costs 28 per cent less in New York (28) than in London (40), while one of its latest range of lace corsets is 25 per cent cheaper around 56 compared with 75 in London.

Post Office Travel Money 20 New York shopping bargains:

Item London New York Saving Men’s designer jeans: Hollister Slim straight jeans 59.00 16.06 73% Women’s designer jeans: True Religion Stella Super Skinny jeans 280.00 107.32 62% Men’s fashion: Abercrombie Fitch Mount Armstrong shirt 68.00 26.21 61% Men’s fashion: Abercrombie Fitch Adams Mountain hoodie 88.00 34.68 61% Women’s designer fashion: Abercrombie Fitch Mandi shirt 58.00 25.05 57% Women’s designer fashion: Abercrombie Fitch Jogger sweatpants 58.00 25.05 57% Men’s designer jeans: Levi’s 501 Original fit stonewash jeans 70.00 30.19 57% Women’s designer fashion: Hollister Pebbly Beach puffa parka 139.00 61.66 56% Men’s fashion: Abercrombie Fitch Upper Hudson parka 270.00 125.44 54% Skincare: Elizabeth Arden Eight Hour Cream skin protectant 50ml 30.00 14.69 51% ‘Dream Toys’: Transformers Stomp Chomp Gridlock 89.99 48.94 46% Make up: Clinique Long Last Lipstick 17.50 10.49 40% Women’s designer jeans: J Brand Maria high rise skinny jeans 205.00 125.44 39% Men’s fashion: Polo Ralph Lauren Epson quilted vest 255.00 156.80 39% Men’s fashion: J Crew Herringbone flannel shirt 82.50 51.06 38% Women’s fashion: J Crew mohair cardigan 89.50 57.49 36% Gadget: Samsung Galaxy Tab 3 Kids Edition 199.00 139.85 30% ‘Dream Toys’: Disney Frozen Snow Glow Elsa Doll 34.99 24.47 30% Women’s lingerie: Victoria’s Secret Demi Bra 39.50 28.26 28% Gadget: Apple iPad Air 2 Wi Fi 16GB 399.00 348.95 13% Parents can pick up big transatlantic bargains on toys too. Post Office Travel Money compared costs for this year’s ‘Dream Toys’, just announced by the Toy Retailers Association. It found that a Transformers Stomp Chomp Gridlock costs under 49 in New York, compared with 90 in London, saving 46 per cent. Fans of the Disney film Frozen can shave 30 per cent off a Snow Glow Elsa Doll 35 in London but around 24 in New York.

Savvy shoppers will also find that some of the biggest bargains in New York are on Elizabeth Arden skincare and Clinique make up at 40 51 per cent below London levels. The latest gadgets are also cheaper in New York: Samsung’s Galaxy Tab 3 Kids Edition is 30 per cent cheaper (140 compared with 199 in London) and, although the savings are smaller, the new Apple iPad Air 2 costs 13 per cent less (249 compared with 399).

The Post Office guide sounds a word of caution. While fashion items are invariably cheaper in New York, prices for perfumes are generally higher. For example,
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the new My Burberry Eau de Parfum (50ml) costs two per cent more in New York than in London (over 66 compared with 65). However, researchers did find that Marc Jacobs new Daisy Dream Eau de Toilette (100ml) costs 24 per cent less in New York (53) than in London (70).

Andrew Brown of Post Office Travel Money said: “There are great savings to be made in New York provided that shoppers have done their homework in advance and don’t assume that everything will be cheaper.

From 8am, 28 November until 8 am, 2 December, Post Office Travel Money is mounting a Black Friday/Cyber Monday flash sale on all currencies, including euro and US dollars. This covers all online purchases including currency loaded onto new Travel Money Cards and top ups to existing ones.

Holidaymakers can also use the Post Office Travel Essentials Mobile App to buy currency using their mobile phone as well as check the value of their holiday money and see how far it will stretch on typical tourist staples for the country they are visiting.

Sales tax in the USA varies from state to state but totals 8.875 per cent in New York, comprising New York city sales tax of 4.5 per cent, New York State sales and use tax of four per cent and Metropolitan Commuter Transportation District surcharge of 0.375 per cent.

About the Post Office

The Post Office (Post Office Limited) has an unrivalled national network of over 11,500 branches across the UK, more than all the high street banks combined, and sits at the heart of communities in Northern Ireland, Scotland, Wales and England. The Post Office has made a commitment to maintaining its network of branches at its current size and reach. It provides around 170 different products and services spanning financial services including savings, insurance, loans, mortgages and credit cards; Government services; telephony; foreign currency;
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travel insurance and mail services.

Please note the Press Office team can only deal with enquiries from the media. Unfortunately they do not have access to customer information so can not help with customer enquiries.