LP
Loro Piana
Loro Piana
Summer Walk Loafers
Hand-stitched suede driving loafers.
Best price after tax refund
$844
in USD
🇯🇵 Japan — pay ¥131,818 local
Save $225 (21%) vs 🇰🇷 South Korea
The global ledger
Regional price matrix
FX · June 2026
| Region | Retail (local) | Tax refund | After refund | In USD |
|---|---|---|---|---|
🇯🇵JapanBest | ¥145,000 | −¥13,182(9.1%) | ¥131,818 | $844 |
🇮🇹Italy | €920 | −€91(9.9%) | €829 | $895 |
🇫🇷France | €920 | −€84(9.2%) | €836 | $903 |
🇩🇪Germany | €920 | −€81(8.8%) | €839 | $906 |
🇭🇰Hong Kong | HK$7,950 | Not eligible | HK$7,950 | $1,018 |
🇬🇧United Kingdom | £820 | Not eligible | £820 | $1,041 |
🇸🇬Singapore | S$1,510 | −S$87(5.8%) | S$1,423 | $1,053 |
🇰🇷South Korea | ₩1,570,000 | −₩85,636(5.5%) | ₩1,484,364 | $1,069 |
Refund mechanics
How each market refunds you
Tap a region to see the VAT rate, operator commission, and the net refund actually paid back to your card.
🇫🇷FranceGlobal Blue$9039.2% refund
France
Global Blue
$903
9.2% refund
VAT / tax rate20%
Retail price€920
Operator commission−€69
Net refund to you+€84
Price after refund€836
Net refund after Global Blue commission, paid to credit card at airport.
🇮🇹ItalyGlobal Blue$8959.9% refund
Italy
Global Blue
$895
9.9% refund
VAT / tax rate22%
Retail price€920
Operator commission−€75
Net refund to you+€91
Price after refund€829
Min spend €70.01. Operator commission applied to VAT portion.
🇩🇪GermanyGlobal Blue$9068.8% refund
Germany
Global Blue
$906
8.8% refund
VAT / tax rate19%
Retail price€920
Operator commission−€66
Net refund to you+€81
Price after refund€839
Min spend €50.01. Customs stamp required at EU exit.
🇬🇧United KingdomNone$1,041No refund
United Kingdom
None
$1,041
No refund
VAT / tax rate20%
Retail price£820
No tourist VAT refund — scheme abolished January 2021.
No tourist VAT refund — scheme abolished January 2021.
🇯🇵JapanIn-store exemption$8449.1% refund
Japan
In-store exemption
$844
9.1% refund
VAT / tax rate10%
Retail price¥145,000
Operator commission−¥0
Net refund to you+¥13,182
Price after refund¥131,818
Immediate consumption tax exemption at registered stores. No operator fee.
🇭🇰Hong Kong—$1,018No refund
Hong Kong
—
$1,018
No refund
VAT / tax rate0%
Retail priceHK$7,950
Hong Kong levies no VAT/GST/sales tax. Price shown is final.
Hong Kong levies no VAT/GST/sales tax. Price shown is final.
🇸🇬SingaporeeTRS (Global Tax Free)$1,0535.8% refund
Singapore
eTRS (Global Tax Free)
$1,053
5.8% refund
VAT / tax rate9%
Retail priceS$1,510
Operator commission−S$37
Net refund to you+S$87
Price after refundS$1,423
Min S$100 per same-day, same-store purchase. Refund at Changi via eTRS.
🇰🇷South KoreaInstant / Airport$1,0695.5% refund
South Korea
Instant / Airport
$1,069
5.5% refund
VAT / tax rate10%
Retail price₩1,570,000
Operator commission−₩57,091
Net refund to you+₩85,636
Price after refund₩1,484,364
Instant refund up to ₩5M per transaction; airport refund above cap.
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