Van Cleef & Arpels: Current Worldwide Prices
- Thread starter misschaslyn
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that's a bummer. couldn't they give us a break this year?!
We’ve been through enough.
Didn’t they say same thing for Cartier there was suppose to be price increase everywhere but fortunately we didn’t get one in the US? Just hoping no price increase
I speculate the price increase was a last minute decision / pressure from shareholders to boost revenues in the last week of their Q2 and hopefully into Q3.
"Also, the most impacted businesses of Richemont are the specialist watchmakers, with a 56% drop in sales. Jewellery Maisons (mostly Cartier and Van Cleef) fared better than the other business areas (-41% sales)."
Industry News - Richemont 2020 Quarterly Sales Minus 47% Due Covid-19
Following the monthly announcements made by the FHS regarding Swiss watch exports and half-year results by Swatch Group a couple of days ago, it is now time for the other giant of the Swiss watch industry, Compagnie Financière Richemont SA, to announce its first-quarter 2020 results… And, as...
monochrome-watches.com
ETA: Today (sept 9) was also their Annual General Meeting so probably lots of pressure from shareholders to present a more favorable forecast for upcoming quarters.
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Could you please elaborate on this? I haven't followed VCA long enough to know if they have done this before.
Honestly though, 5% is not too bad considering the recent and upcoming Chanel price increases. Not going to buy anything before this VCA price increase.
The prices have been (relatively) low for a long time now. I hate that they are raising them at this particular time. But I bought my solid gold 5 motif VA bracelet back in the spring of 2016 for $4200. A few months after that they lowered prices and it was priced at $3900. So really, in one way we are fortunate they stayed lower all this time. I'm just mad at myself that I wasn't buying a little more during that time! I'll buy something before the 24th, but it will be hard to decide what!
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Canada just had an increase in July so I doubt there will be another one soon.Has anybody heard about the increase for Canada? Got my eye on my first piece and I would like to snag before any increase
Thank you so much for the information! When she said "rose gold grey MOP," is this a new piece VCA will be offering? On the website, I only see a pendant that fits this description or a bracelet and necklace but these have alternating RG grey MOP and diamond RG MOP motifs and none of these items have a value close to 5650.
They are new single Magic pendants with chains that someone already posted pictures in this forum