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Ongoing Story· Day 3

Israeli Shoppers Face Significant Price Gaps on Winter Coats Compared to Europe and US

2 developments

IceEconomy

Israeli Consumers Face Significant Price Gaps on Winter Clothing Compared to Europe and US

Translated & summarized from Ice by baba

BusinessNeutral tone

Hebrew · Sole source

An Israeli shipping company, RedBox Parcel, found that Israeli consumers pay significantly more for winter clothing compared to Europe and the US, with price gaps reaching hundreds of shekels. Popular brands like Zara and Massimo Dutti are considerably more expensive in Israel, and brands like Uniqlo are unavailable locally. CEO Nimrod Megidov advises shoppers to factor in shipping and taxes when comparing international prices.

The story in 5 lines · by baba

  • Israeli consumers face price differences of up to 500 shekels on winter clothing compared to Europe and the US.
  • Zara trench coats are priced at 529 shekels in Israel versus 274 shekels in the Netherlands.
  • Massimo Dutti coats show a 477 shekel price gap between Israel and the Netherlands.
  • Uniqlo, a popular brand, is unavailable in Israel, forcing consumers to use international shipping.
  • RedBox Parcel CEO Nimrod Megidov urges consumers to consider total costs including shipping and taxes.

A new study by the Israeli shipping company RedBox Parcel has revealed substantial price differences for winter clothing items between Israel and European or US markets. The report highlights that popular brands, particularly Uniqlo, which has no physical presence in Israel, are frequently sought by Israelis through international shipping.

For instance, a Uniqlo women's PUFFTECH jacket costs around $80 in the US, with a parka version at $90. Other items like an Old Navy transitional jacket are priced at $35, a Free People suede fringe jacket at $168, and Carhartt work jackets range from $130-$140 in the US.

The most striking discrepancies are observed with brands that operate in both Israel and Europe. A water-repellent trench coat from Zara in the Netherlands costs approximately 274 shekels (89.95 euros), while the identical coat in Israel is priced at 529 shekels, a difference of 255 shekels. Another Zara coat with a high collar is 205 shekels in the Netherlands versus 329 shekels in Israel. Massimo Dutti offers a trench coat with a detachable hood for about 672 shekels (220 euros) in the Netherlands, compared to 1,149 shekels in Israel, a gap of 477 shekels. A Columbia fleece jacket for men is about $45 (170 shekels) on the US site, but 240 shekels on the Israeli site.

Nimrod Megidov, CEO of RedBox Parcel, stated that Israelis order from abroad due to the unavailability of certain brands and significant price differences. However, he advises consumers to compare the final price, including shipping and taxes, before making a purchase, rather than relying solely on the listed price on the website. As winter approaches, consumers are encouraged to explore all available options to make informed purchasing decisions.

IceOther · Tel Aviv

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