Quote:
Originally Posted by lmcgbaj
Price adjustments due to currency variations are known in advance by the ADs. They are given a new list several days or weeks in advance. However, price increases from Rolex SA across the board that affect all markets are kept secret. Those are only know the day before by the ADs. We haven't had one of those in quite some time.
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THIS. I was recently informed by the AD in Oslo that there was a moderate ~5% increase in prices in October 2015 due to currency adjustments. The same AD is expecting a 6 to 8 percent increase around the time Basel rolls around. Given the current state of depressed currencies in many markets, a price increase (based on currency adjustments and new, standard price updates) is inevitable.