Malaysia Watch Forum

Main Forums => General Discussion - Modern Watches => Topic started by: danny on February 14, 2015, 08:30:50 AM

Title: Bloomberg article - Patek Philippe cuts prices in US.
Post by: danny on February 14, 2015, 08:30:50 AM

I just want to share an eye opening article on how the recent currency turmoil has forced one of the most venerable Swiss luxury watch brands to cut prices in the US. It's really an eye opener for many watch fans, including myself, who believed in the unending upward trajectory of Swiss luxury timepiece prices.

Patek Philippe reduces prices in Americas, raises prices in Europe  (http://www.bloomberg.com/news/articles/2015-02-11/patek-philippe-reduces-prices-in-americas-raises-prices-in-europe)

Title: Re: Bloomberg article - Patek Philippe cuts prices in US.
Post by: Timeless on February 14, 2015, 09:10:11 AM

Correct indeed, ap boutique here informed the same as well

Title: Re: Bloomberg article - Patek Philippe cuts prices in US.
Post by: hanz079 on February 14, 2015, 09:49:18 AM

AP reducing prices? I heard another increase of 4% within the next two weeks.


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Title: Re: Bloomberg article - Patek Philippe cuts prices in US.
Post by: mike on February 14, 2015, 03:54:48 PM

AP price increase, PP price drops 11% in Malaysia.

Title: Re: Bloomberg article - Patek Philippe cuts prices in US.
Post by: Timeless on February 15, 2015, 05:20:09 AM

Quote from: femann on February 14, 2015, 09:10:11 AM

Correct indeed, ap boutique here informed the same as well

Sorry, typo.. it's pp

Title: Re: Bloomberg article - Patek Philippe cuts prices in US.
Post by: Boeing on February 15, 2015, 11:49:54 AM

Hopefully others will follow, so that I can increase more my collections!  :Praying: