ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

timepieceaddict · 30 April 2009, 05:05 AM

Quote:

Originally Posted by newsboy

Just spoke to an AD today there is to be a price increase in May

Either your AD is telling porkies or my AD is telling porkies. We wouldn't have long to see who was telling porkie pies.

rollie · 1 May 2009, 12:05 AM

Went into my AD today and they said Rolex have now confirmed to them the is to be no price increase in May?
He said only Cartier and Breitling were going to have one.????

compton77 · 1 May 2009, 08:23 PM

I have a Milgauss reserved at my AD (no deposit, wasn't required) which i'm due to collect tomorrow, i'll let you know if there were any nasty surprises at the till!

I did confirm the price (though only verbally) when I asked them to get me one in so i'd hope they'll honour that, though in the current market honour is a much saught after word...

JPS · 1 May 2009, 08:26 PM

I spoke to my contact at Goldsmiths earlier this morning and they have confirmed that all prices are going up from Monday. They did not confirm what the increase would be.

Thanks

Jonathan

rkb · 1 May 2009, 09:24 PM

Spoke with my AD yesterday, he knew of no impending price hike.

JPS · 1 May 2009, 09:33 PM

Quote:

Originally Posted by rkb

Spoke with my AD yesterday, he knew of no impending price hike.

I think this is only applying to the UK or parts of Europe?

Welshwatchman · 1 May 2009, 10:23 PM

If Goldsmiths are putting them up then that's it. They are the one of, if not the biggest dealer chain in the UK.

Foxy · 1 May 2009, 10:50 PM

Spoke to someone in the trade today too while picking up a sub date at just under retail price. She seemed conviced prices were going up too.

Bond,JamesBond · 2 May 2009, 02:16 AM

No price increase today at Goldsmiths. Called up. Apparently Cartier were considering a price hike today, which would have probably triggered a knock on effect with other brands. As it was, Cartier did not choose to raise their prices, so for now at least, the prices are the same.

jameshe · 3 May 2009, 08:35 PM

Quote:

Originally Posted by Bond,JamesBond

No price increase today at Goldsmiths. Called up. Apparently Cartier were considering a price hike today, which would have probably triggered a knock on effect with other brands. As it was, Cartier did not choose to raise their prices, so for now at least, the prices are the same.

Absolutely correct

My mum just bought a Cartier yesterday in fear of the price hike kicking in on Monday/Tueday after the bank holiday weekend - however, at the jewellers she bought it at, it was confirmed that it probably wouldnt happen now. I also spoke to an independant Rolex dealer in the UK who knew nothing of another increase, as he explained that the recent ones in the UK (12.5% before Christmas and 10% just after) were to compensate for the weak £ against the Euro - to make our prices closer in terms of parity with those of dealers in Europe (to discourage Europeans buying up all our Rolex's in the UK with their strong Euro)

However, as this hasnt got much worse recently, then I was told that any future increase in price in the next few months would be unlikely.

umster · 2 May 2009, 08:35 AM

No price increase @ Brent Cross

Regards

Imtiaz · 2 May 2009, 11:47 PM

No price increase in Sydney at the HOUR GLASS (AD) as of May 02

chu88y · 3 May 2009, 04:48 AM

I've never had to pay a deposit yet on a Rolex. I go on the usual life time waiting list only to be called within a couple of months,I do always buy which may be why I get a quick call.

compton77 · 3 May 2009, 07:20 PM

I picked up my Milgauss yesterday, no price increase..

PeterT · 3 May 2009, 07:23 PM

I had to pay a deposit to Ernest Jones as the watch I wanted had to be special order from Rolex.

PeterT

argee1977 · 3 May 2009, 07:37 PM

A deposit is more for the AD to have confidence before ordering, not as an agreement to hold the price, most of the time the receipt or the paperwork they give with the deposit will state that 'prices may change' and that they are not held to current prices.

Gasoil4ever · 4 May 2009, 01:48 AM

I think those price increases are linked to the foreign exchange rate ($/€).

I work in the automotive industry, we buy car in Japan to sell them in Africa. Because of Yen raising against € we had to increase our local prices by 25%. But now that its quite stable we are leaving them like this, wainting to see what is next (up or down).

I believe its the same for Rolex, built and sold in € vs US $ and Aus $ local prices. They have to adjust regarding currencies.

Cause here nothing happened beside the "normal" annual January price increase.

Welshwatchman · 11 May 2009, 07:32 PM

What happened to the UK price hike?

Seems to me that a few ADs were full of crap with their 1st of May price increase.

SeamasterGMT · 11 May 2009, 09:31 PM

My guess is that it would have happened if the GPB/Euro had stayed at 1 to 1 but as the pound has gone up it balances the prices in the UK with the rest of Europe.

umster · 12 May 2009, 03:03 AM

I was at WOS yesterday, @ regent st.

The Sales advisor told me that the prices were increasing in mid june!!! BUT!!!! I think that's total BS as He was doing his hard selling act!!

1 May 2009, 09:24 PM	#5
rkb "TRF" Member Join Date: Mar 2009 Real Name: Russell Location: Seattle Metro Watch: EXPORER II Posts: 605	Spoke with my AD yesterday, he knew of no impending price hike. __________________

1 May 2009, 10:23 PM	#7
Welshwatchman "TRF" Member Join Date: Apr 2006 Real Name: Paul Location: Wales, UK Posts: 14,578	If Goldsmiths are putting them up then that's it. They are the one of, if not the biggest dealer chain in the UK. __________________ ..33

2 May 2009, 02:16 AM	#9
Bond,JamesBond "TRF" Member Join Date: Dec 2008 Real Name: Gordon Location: London, UK Watch: 16610 Posts: 45	No price increase today at Goldsmiths. Called up. Apparently Cartier were considering a price hike today, which would have probably triggered a knock on effect with other brands. As it was, Cartier did not choose to raise their prices, so for now at least, the prices are the same. __________________ Regards, 007 ------------------------------------------------------------- M Series Submariner 16610

3 May 2009, 07:37 PM	#16
argee1977 "TRF" Member Join Date: Oct 2008 Real Name: Ryan Location: England Watch: AP ROC Posts: 1,462	A deposit is more for the AD to have confidence before ordering, not as an agreement to hold the price, most of the time the receipt or the paperwork they give with the deposit will state that 'prices may change' and that they are not held to current prices. __________________ PANERAI, MORE THAN A WATCH, LESS THAN A KITKAT

4 May 2009, 01:48 AM	#17
Gasoil4ever "TRF" Member Join Date: Oct 2008 Location: Cameroun Watch: GS Snowflake Posts: 1,534	I think those price increases are linked to the foreign exchange rate ($/€). I work in the automotive industry, we buy car in Japan to sell them in Africa. Because of Yen raising against € we had to increase our local prices by 25%. But now that its quite stable we are leaving them like this, wainting to see what is next (up or down). I believe its the same for Rolex, built and sold in € vs US $ and Aus $ local prices. They have to adjust regarding currencies. Cause here nothing happened beside the "normal" annual January price increase. __________________ 16710 GMT Master II "M" , SD4000, GS Snowflake, Stowa Marine Original.

1 May 2009, 12:05 AM	#2
rollie "TRF" Member Join Date: Aug 2008 Location: UK Posts: 206	Went into my AD today and they said Rolex have now confirmed to them the is to be no price increase in May? He said only Cartier and Breitling were going to have one.????

1 May 2009, 08:23 PM	#3
compton77 "TRF" Member Join Date: Mar 2009 Location: London Posts: 6	I have a Milgauss reserved at my AD (no deposit, wasn't required) which i'm due to collect tomorrow, i'll let you know if there were any nasty surprises at the till! I did confirm the price (though only verbally) when I asked them to get me one in so i'd hope they'll honour that, though in the current market honour is a much saught after word...

1 May 2009, 08:26 PM	#4
JPS "TRF" Member Join Date: Aug 2008 Real Name: Jonathan Location: UK Watch: 116500 White&Black Posts: 1,360	I spoke to my contact at Goldsmiths earlier this morning and they have confirmed that all prices are going up from Monday. They did not confirm what the increase would be. Thanks Jonathan

1 May 2009, 10:50 PM	#8
Foxy "TRF" Member Join Date: Apr 2009 Real Name: Jave Location: London, UK Watch: Sub 16610 Posts: 49	Spoke to someone in the trade today too while picking up a sub date at just under retail price. She seemed conviced prices were going up too.

2 May 2009, 08:35 AM	#11
umster "TRF" Member Join Date: Jul 2008 Location: London U.K Watch: Rolex Deepsea Posts: 167	No price increase @ Brent Cross Regards

2 May 2009, 11:47 PM	#12
Imtiaz Banned Join Date: Aug 2008 Real Name: De Location: Tokyo Watch: Daytona, Sub, DS, Posts: 1,046	No price increase in Sydney at the HOUR GLASS (AD) as of May 02

3 May 2009, 04:48 AM	#13
chu88y Banned Join Date: May 2009 Location: LONDON Watch: SDDS Posts: 660	I've never had to pay a deposit yet on a Rolex. I go on the usual life time waiting list only to be called within a couple of months,I do always buy which may be why I get a quick call.

3 May 2009, 07:20 PM	#14
compton77 "TRF" Member Join Date: Mar 2009 Location: London Posts: 6	I picked up my Milgauss yesterday, no price increase..

3 May 2009, 07:23 PM	#15
PeterT "TRF" Member Join Date: Dec 2007 Location: England Watch: 16613 16710 16600 Posts: 1,021	I had to pay a deposit to Ernest Jones as the watch I wanted had to be special order from Rolex. PeterT

11 May 2009, 07:32 PM	#18
Welshwatchman "TRF" Member Join Date: Apr 2006 Real Name: Paul Location: Wales, UK Posts: 14,578	What happened to the UK price hike? Seems to me that a few ADs were full of crap with their 1st of May price increase. __________________ ..33

11 May 2009, 09:31 PM	#19
SeamasterGMT Banned Join Date: Mar 2009 Location: USA Watch: DeepSea Posts: 822	My guess is that it would have happened if the GPB/Euro had stayed at 1 to 1 but as the pound has gone up it balances the prices in the UK with the rest of Europe.

12 May 2009, 03:03 AM	#20
umster "TRF" Member Join Date: Jul 2008 Location: London U.K Watch: Rolex Deepsea Posts: 167	I was at WOS yesterday, @ regent st. The Sales advisor told me that the prices were increasing in mid june!!! BUT!!!! I think that's total BS as He was doing his hard selling act!!

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode