A Cartier luxury goods store in the La Samaritaine department store, Paris.
Photographer: Benjamin Girette/BloombergApril 14, 2022, 8:00 AM UTC
Cartier plans to raise prices in the next several weeks, making it the latest luxury brand to bet its customers are willing to spend more for their high-end watches, jewelry and accessories.
The “mild” price increase will partially offset the rise of the U.S. and Chinese currencies against the euro, according to Chief Executive Officer Cyrille Vigneron. It will also help to cover higher costs for key materials, such as the diamonds, platinum and gold used in the company’s jewelry, including $275,000 bracelets and $104,000 earrings.
Any updates for Australia??
- #3,377
I was in Milan, Italy last week. Both SAs from Cartier and Van Cleef & Arpels confirmed that the price increase is coming around next week. The increase is about 5%+ for all products. This is due to the price increase of gold in the trade. So it's not a regional thing - it's global, and it will extend to all jewelry brands.
- #3,378
I've just booked the last appointment for this Saturday. My birthday is not until June, but no point in waiting for the price hike!
- #3,379
Looks like the US will have a minimal impact. Virtually nothing on the major lines, but my SA said 1% on Love and some increase for Trinity. Seems like this is not true elsewhere.
- #3,380
Price adjustment confirmed on 9 May in HK, but not all items are included. Some prices will be even reduced.
- #3,381
My SA in California just told me they are expecting a price increase next week 5-10%. I already picked a few things up so I'm good, but anyone out there considering a treat, better get it soon.
- #3,382
Confirmed by my SA who sent me a text.. Thanks for the info! Does the online price include tax?
Price increase in Malaysia set on June 1st
- #3,383
My SA in California just told me they are expecting a price increase next week 5-10%. I already picked a few things up so I'm good, but anyone out there considering a treat, better get it soon. Just received my small love bracelet so I am happy!
- #3,384
Looks like the US will have a minimal impact. Virtually nothing on the major lines, but my SA said 1% on Love and some increase for Trinity. Seems like this is not true elsewhere. Why do you say minimal impact? They are saying 5-10% increase. I
don't think your SA has the correct information.
- #3,385
Why do you say minimal impact? They are saying 5-10% increase. I don't think your SA has the correct information. I was told by my SA today that not everything will increase in price. It seems like it was the wedding/engagement pieces which was
subject to change.
- #3,386
I was told by my SA today that not everything will increase in price. It seems like it was the wedding/engagement pieces which was subject to change. That would be great. I hope your SA is right.
- #3,387
Looks like the price increase happen today in Australia? 4 diamond went from 15900 to 16000… not going to beat myself up paying $100 more as it could been worse.
- #3,388
Looks like the price increase happen today in Australia? 4 diamond went from 15900 to 16000… not going to beat myself up paying $100 more as it could been
worse.
Hasn’t happened yet, as I purchased some things today and was told price increase 8th or 9th May. It’s varied across different items, so it depends on what you are looking for. You are right though, some higher priced items only increasing $100, depending on what it is, it doesn’t seem too bad.
- #3,389
Hasn’t happened yet, as I purchased some things today and was told price increase 8th or 9th May. It’s varied across different items, so it depends on what you are looking for. You are right though, some higher priced items only increasing $100, depending on what it is, it doesn’t
seem too bad. Not sure maybe just the website has updated. It was priced 15900 and I booked my appointment for Sunday however looks like it has adjusted already. Happy to pay $100 more, was expecting a 5-10% increase.
- #3,390
Why do you say minimal impact? They are saying 5-10% increase. I don't think your SA has the correct information. I think it depends on what country you are talking about. I had two different SAs confirm this. I plan on asking two more just to be
sure. It looks like some items will go up but it will not be a uniform increase across the board. Best to check with your SA about specific items.