Milan is known for being home to high-end luxury labels (hello, Versace and Armani), plus you're likely to find some designer shops cheaper there due to VAT refunds and transport costs.
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Yes, Louis Vuitton is cheaper in Italy and Paris compared to the US on average by 31%. The good news is when you are comparing the price of Louis Vuitton in Paris vs Italy, it is the exact same price! Louis Vuitton is cheaper in Paris compared to Singapore on average by 32%.
The Via Monte Napoleone Street in Milan offers the best designer clothes and shoes from the top designers in the world. Milan is the most luxurious city in Italy in every respect and a dream come true for shopping in Italy.
Any European designer brand made in Europe will always be cheaper in Eurpe than in the US because the brands need to pay a duty as well as transportation cost to bring to the US from Europe. Also in Europe we are tax exempt so we get that money back before leaving the country.
When it comes to making a comparison between Gucci and Louis Vuitton, prices can vary significantly as there are a plethora of products to choose from in each of their ranges. The general consensus, however, is that Louis Vuitton is usually more expensive than Gucci.