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he432 · Nov 21st, 2008, 05:48 PM

I was at Holt Renfrew today (we have a Tiffany boutique in the location here) and the wonderful SA that was helping me said that prices are going up MONDAY morning!!

Some of her customers are reporting that SAs at Tiffany in Toronto are telling them this. Don't know if it affects the US or not but it apparently will be in Canada.

Thought you ladies would like to know!

ayla · Nov 21st, 2008, 05:52 PM

Oh no..

This really stinks !

he432 · Nov 21st, 2008, 05:55 PM

I know, I was going buy a Paloma ring with my xmas cash and now it's going to cost me even more

Maybe I'll order it this weekend and not buy groceries this week!

I don't know how high they can jack the prices though, all these other retailers are slashing prices and they're raising them? They're crazy people.

TravelBug · Nov 21st, 2008, 05:56 PM

It's incredible ... price increases during these bad times? I guess they are confident about their sales. The venetian link bracelet I bought 5 years ago for $80 now costs &150, almost a 100% increase ... who would have thought it would have been such a great investment, certainly has done better than my 401(K)

ayla · Nov 21st, 2008, 05:56 PM

I ordered a few pieces but I'm not sure if they've arrived yet as they were on backorder.. I REALLY hope that doesn't mean I will get hit, especially since it was a sizing issue !

ayla · Nov 21st, 2008, 05:57 PM

Originally Posted by TravelBug

It's incredible ... price increases during these bad times? I guess they are confident about their sales. The venetian link bracelet I bought 5 years ago for $80 now costs &150, almost a 100% increase ... who would have thought it would have been such a great investment, certainly has done better than my 401(K)

Sorry to hear about your investments..

Funny that you mention the Venetian bracelet, I just CANNOT justify buying this bracelet since I saw how much the price increased over the years.

he432 · Nov 21st, 2008, 06:01 PM

^^^ I felt like a crazy person when I bought myself the link bracelet with the circle tag. A couple of my friends bought the heart in high school for $150 ish and I paid close to $250. Who needs GICs and mutual funds, just buy Tiff.

ayla · Nov 21st, 2008, 06:07 PM

^^^ Haha.. seriously !

london_saver · Nov 21st, 2008, 06:28 PM

I am in London and was told the price increase would be approx 8%, effective Monday 24th Nov.

guccimamma · Nov 21st, 2008, 06:32 PM

the minute people stop lining up at the sterling silver cabinet @ tiffany...they will stop their increases

they do it, because they can

he432 · Nov 21st, 2008, 06:34 PM

Originally Posted by london_saver

I am in London and was told the price increase would be approx 8%, effective Monday 24th Nov.

I guess its worldwide then? That was the date that I was told as well. 8% is huge!!

guccimamma you're right, as soon as people stop accepting this increases they will stop.

aquablueness · Nov 22nd, 2008, 02:32 AM

Originally Posted by he432

I know, I was going buy a Paloma ring with my xmas cash and now it's going to cost me even more

Maybe I'll order it this weekend and not buy groceries this week!

I don't know how high they can jack the prices though, all these other retailers are slashing prices and they're raising them? They're crazy people.

ohh noo, here comes the ramen

ginag · Nov 22nd, 2008, 06:52 AM

Since when do luxury goods follow basic economic theory -- or basic reason, for that matter? Just look at Chanel and LV -- price increases all over the place. I think they're hoping that their core clientele a)isn't going to be affected by the economy spiral enough to stop shopping; and b)will appreciate the further exclusivity of increased price. (i.e. no more filthy proles carrying the same bag/wearing the same things they are).

NoSnowHere · Nov 22nd, 2008, 09:06 AM

Another one? Aah well no more for me. As far as the luxury sector, I read that even the wealthy are tightening their purse strings. I think an increase now is a very bad idea, just before the holidays too.

barcreperie · Nov 22nd, 2008, 11:29 AM

Originally Posted by guccimamma

the minute people stop lining up at the sterling silver cabinet @ tiffany...they will stop their increases

they do it, because they can

That pretty much hits the nail on the head Gucimamma. Don't think for a minute that Tiffany and these other high end design houses aren't laughing their asses off at how they can sucker the public in to handing over their hard-earned money for ever-increasing ridiculously overpriced products. Only when the public refuses to go along with this sham will they stabilize or pull back on the prices. But as long as there are enough customers willing to pay the crazy prices they demand, why shouldn't they keep raising the prices?

Nov 21st, 2008, 05:48 PM	#1
he432 OP sofa king awesome Joined: Feb 2008 Posts: 1,104	Tiffany Price Increase I was at Holt Renfrew today (we have a Tiffany boutique in the location here) and the wonderful SA that was helping me said that prices are going up MONDAY morning!! Some of her customers are reporting that SAs at Tiffany in Toronto are telling them this. Don't know if it affects the US or not but it apparently will be in Canada. Thought you ladies would like to know!
he432 OP sofa king awesome Joined: Feb 2008 Posts: 1,104	__________________ R.I.P. Goobler July 18, 2008

Nov 21st, 2008, 05:52 PM	#2
ayla Gangsta Luv♥ Joined: Oct 2005 Location: Toronto, Ontario Posts: 21,246	Oh no.. This really stinks !
	__________________ It's here ! My much grown collection !

Nov 21st, 2008, 05:55 PM	#3
he432 OP sofa king awesome Joined: Feb 2008 Posts: 1,104	I know, I was going buy a Paloma ring with my xmas cash and now it's going to cost me even more Maybe I'll order it this weekend and not buy groceries this week! I don't know how high they can jack the prices though, all these other retailers are slashing prices and they're raising them? They're crazy people.
he432 OP sofa king awesome Joined: Feb 2008 Posts: 1,104	__________________ R.I.P. Goobler July 18, 2008

Nov 21st, 2008, 05:56 PM	#5
ayla Gangsta Luv♥ Joined: Oct 2005 Location: Toronto, Ontario Posts: 21,246	I ordered a few pieces but I'm not sure if they've arrived yet as they were on backorder.. I REALLY hope that doesn't mean I will get hit, especially since it was a sizing issue !
	__________________ It's here ! My much grown collection !

Nov 21st, 2008, 06:01 PM	#7
he432 OP sofa king awesome Joined: Feb 2008 Posts: 1,104	^^^ I felt like a crazy person when I bought myself the link bracelet with the circle tag. A couple of my friends bought the heart in high school for $150 ish and I paid close to $250. Who needs GICs and mutual funds, just buy Tiff.
he432 OP sofa king awesome Joined: Feb 2008 Posts: 1,104	__________________ R.I.P. Goobler July 18, 2008

Nov 21st, 2008, 05:56 PM	#4
TravelBug What R U Lookin' At? Joined: Feb 2006 Posts: 1,954	It's incredible ... price increases during these bad times? I guess they are confident about their sales. The venetian link bracelet I bought 5 years ago for $80 now costs &150, almost a 100% increase ... who would have thought it would have been such a great investment, certainly has done better than my 401(K)

Nov 21st, 2008, 06:07 PM	#8
ayla Gangsta Luv♥ Joined: Oct 2005 Location: Toronto, Ontario Posts: 21,246	^^^ Haha.. seriously !
	__________________ It's here ! My much grown collection !

Nov 21st, 2008, 06:28 PM	#9
london_saver Member Joined: Jun 2008 Posts: 35	I am in London and was told the price increase would be approx 8%, effective Monday 24th Nov.
london_saver Member Joined: Jun 2008 Posts: 35

Nov 21st, 2008, 06:32 PM	#10
guccimamma guccimamma Joined: Aug 2006 Location: Wooo Hooo! Posts: 4,231	the minute people stop lining up at the sterling silver cabinet @ tiffany...they will stop their increases they do it, because they can

Nov 22nd, 2008, 06:52 AM	#13
ginag Member Joined: Apr 2006 Location: SC Posts: 764	Since when do luxury goods follow basic economic theory -- or basic reason, for that matter? Just look at Chanel and LV -- price increases all over the place. I think they're hoping that their core clientele a)isn't going to be affected by the economy spiral enough to stop shopping; and b)will appreciate the further exclusivity of increased price. (i.e. no more filthy proles carrying the same bag/wearing the same things they are).
ginag Member Joined: Apr 2006 Location: SC Posts: 764	__________________ Please PM me if you see: YSL Y-mail zip wallet in black

Nov 22nd, 2008, 09:06 AM	#14
NoSnowHere ~LV L♥ve~ Joined: Feb 2007 Location: Sunshine State Posts: 5,654	Another one? Aah well no more for me. As far as the luxury sector, I read that even the wealthy are tightening their purse strings. I think an increase now is a very bad idea, just before the holidays too.

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