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7 August 2017, 01:19 PM | #1 |
"TRF" Member
Join Date: Oct 2014
Real Name: Chopped Liver
Location: S. Wales Valleys
Watch: Mickey Mouse
Posts: 9,924
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UK Panerai price increase
Unfortunately, this is not one of those doom and gloom 'might be a price increase' threads. It has happened. I was just looking at the UK website and saw that the 233 is now £10,400, my beloved 533 has increased from £10,800 to £11,300 and the 311 has gone from £14,400 to an eye-watering £15,300.
No real surprises given that Richemont increase their prices annually. Montblanc and Cartier have also increased in the UK. However, and quite interestingly, the 533 is the same price out here as what is was when I first started hunting Panerai back in about June 2016 at S$19,150. The UK has had two Panerai price hikes since. Someone talk me through that one
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116520 Black, 116610 LVc, 116660 D-Blue, 116610 LNc, 116622 Blue, PAM359, PAM689, PAM737 "Why should you allow an AD to shake you down, just so you can buy a watch" - Grady Philpott Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons
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7 August 2017, 08:34 PM | #2 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Mar 2010
Location: Paris, France
Posts: 34,475
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The Pound's drop is hurting Panerai shoppers.....
I suppose a positive spin is that Panerai surely isn't "fading into oblivion" if it thinks the market can support these prices. ;-) |
7 August 2017, 09:50 PM | #3 |
"TRF" Member
Join Date: Aug 2009
Location: China
Watch: IWC IW389001
Posts: 762
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The pound dropped like stone after the world saw the results of the Brexit referendum, and it has stayed low when they saw the poor negotiating abilities of our current majority-less government. So there have been numerous price rises from various brands in the UK. Whereas the dollar has gained strength since the 2008 screw up, while the Swiss Franc has disconnected from the dollar, and several brands have cut their prices.
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