Seeing as I'm wearing another deeply unglamorous outfit today, I thought I'd write about an irritation I have with the pricing policy J Crew has for its international customers. Obviously, I can only write from an Australian perspective, but it makes me cross that the prices we in Australia are charged bear no resemblance to the official US$ to Aus $ exchange rate.
I've been shopping online since 2006, and have a lot of experience with overseas retailers, particularly from the US and UK. In my experience, all of the online retailers I've used, apart from J Crew, use the official Forex currency exchange rate as their method of calculating prices for the foreign market.
This meant that in 2006/2007, products from the US were relatively expensive for Australian consumers, as the US $ was strong compared to the Aus $.
However, in the last 3-4 years, the US and Aus dollar have been almost at the same rate. Today, for example, the US dollar is worth 0.957 Aus dollars.
So, why do J Crew charge us so much more? As you can see, the price difference between the two sites is significant, and during the last 30% and 40% off promos the prices were even more out of kilter, as the additional % off wasn't valid for non US shoppers.
Compare the prices of the two orders from US and Aus sites. They're significant, $80 difference!
I'd love to hear your thoughts on this.