Destination: Hungary: Budapest
Budapest is not a luxury shopping capital—yet. While Váci Utca, a thoroughfare in Central Pest, has been called, rather optimistically, the Madison Avenue of Budapest, most of the world’s high-end retailers have yet to make an appearance. In fact, when Louis Vuitton opened its first store in Hungary in 2006, it chose to be situated on Andrássy boulevard, near the Hungarian State Opera. Most international companies are relative newcomers to the city: MaxMara, Hugo Boss and Furla arrived in 2004; Ermenegildo Zegna in 2005; and Gucci and Burberry are reportedly looking to the Hungarian capital as well. It will be interesting to see how these global brands influence the current shopping scene, which includes some talented local designers. If you have patience, a good eye and are willing to explore some off-the-beaten-path neighborhoods, you can find some wonderful local treasures, especially handcrafts and art.
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