Malaysia Watch Forum

Main Forums => General Discussion - Modern Watches => Topic started by: mike on February 05, 2015, 10:15:50 AM

Title: Panerai price drop?
Post by: mike on February 05, 2015, 10:15:50 AM

Have recently heard from a few suppliers that price of panerai in Singapore and Hong Kong have dropped 5% due to currency..
Don't know wthr its true or just rumours.
If the price of Panerai drops, it will be possible many other major watch brands will drop their price as well, including Rolex.
"Price increase due to currency" might just be a marketing strategy by swiss watch makers to allow faster sale??
 ??? ???

Title: Re: Panerai price drop?
Post by: kenji1903 on February 05, 2015, 11:10:56 AM

someone shared the latest price list in EURO, looks like an increase
http://forums.watchuseek.com/f75/panerai-increase-prices-12%25-april-2015-discontinue-00000-00005-a-1455722-3.html

Title: Re: Panerai price drop?
Post by: contender on February 05, 2015, 01:27:24 PM

Quote from: mikster on February 05, 2015, 10:15:50 AM

Have recently heard from a few suppliers that price of panerai in Singapore and Hong Kong have dropped 5% due to currency..
Don't know wthr its true or just rumours.
If the price of Panerai drops, it will be possible many other major watch brands will drop their price as well, including Rolex.
"Price increase due to currency" might just be a marketing strategy by swiss watch makers to allow faster sale??
 ??? ???

Well the Swiss franc has risen substantially after their Central Bank allows it to float freely ........ this is fact, read the news on Bloomberg etc.

So if you think prices is gonna drop for Swiss watches, you are entitled to your view rightly or wrongly.  :HammerHead:

Title: Re: Panerai price drop?
Post by: moxxjet on February 05, 2015, 07:44:11 PM

Doesn't make sense for it to drop. It's like saying petrol price increase due to drop in crude oil prices. But then again the world economy works in very mysterious ways lol

Title: Re: Panerai price drop?
Post by: 1to12 on February 05, 2015, 08:10:10 PM

Could it be due to them wanting to offload the stocks more quickly, hence the additional 5% discount?

Title: Re: Panerai price drop?
Post by: wingzee on February 05, 2015, 08:16:07 PM

Was there any price drop for the luxury Swiss watches ever?

Title: Re: Panerai price drop?
Post by: moxxjet on February 05, 2015, 09:05:19 PM

Lol true that. It only always goes up.

Title: Re: Panerai price drop?
Post by: jacky8888 on February 06, 2015, 07:55:18 AM

what goes up never comes down??

Age and Swiss Watch Prices.....   ;D

Title: Re: Panerai price drop?
Post by: Timeless on February 06, 2015, 09:58:49 AM

Interesting though, but I doubt that the price will go down

Title: Re: Panerai price drop?
Post by: rahkshi007 on February 13, 2015, 01:52:05 PM

I doubt it will go down.. The only possibility is AD give more discount to boost the sale volume but lower profit margin

Title: Re: Panerai price drop?
Post by: TheHobbit on February 13, 2015, 04:49:55 PM

As I understand the prices of certain models did drop and only in certain markets. 

Title: Re: Panerai price drop?
Post by: chrisyen on February 13, 2015, 07:49:22 PM

Priced adjusted. Asia down Europe up... More like closing the gap of different continent to kill the grey


Sent from my iPad using Tapatalk

Title: Re: Panerai price drop?
Post by: toolkit21 on February 15, 2015, 02:07:53 PM

Probably drop for pre sale since Baselworld coming up. And with new pieces being previewed there it will be much higher anyways. Don't think they'd lose much either

Title: Re: Panerai price drop?
Post by: ckoh on February 15, 2015, 09:17:45 PM

pp price will drop 7% -15%