May be time of year or if conferences are in town, summer in Vegas is pretty hot lolThe new quarterly numbers are out - looks good for Richemont (they do not separately listed the Cartier figures). Given the moderate price increases they also seem to have increased their volumes. However, being in Vegas the stores are quite empty for all luxury brands. Looks the days are over where you had to queue to get into one.
Would be surprised if we see huge price increases going forward.
I was at the Wynn a couple of months ago and waited in line for Chanel and Cartier, VCA was dead.
Let's keep this thread specifically for price increase news however!
