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Author Topic: Panerai price drop?  (Read 6264 times)

Offline mike

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Panerai price drop?
« 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??
 ??? ???
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Offline kenji1903

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Re: Panerai price drop?
« Reply #1 on: February 05, 2015, 11:10:56 AM »
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Offline contender

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Re: Panerai price drop?
« Reply #2 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:
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Offline moxxjet

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Re: Panerai price drop?
« Reply #3 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
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Offline 1to12

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Re: Panerai price drop?
« Reply #4 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?
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Offline wingzee

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Re: Panerai price drop?
« Reply #5 on: February 05, 2015, 08:16:07 PM »
Was there any price drop for the luxury Swiss watches ever?
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Offline moxxjet

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Re: Panerai price drop?
« Reply #6 on: February 05, 2015, 09:05:19 PM »
Lol true that. It only always goes up.
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Offline jacky8888

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Re: Panerai price drop?
« Reply #7 on: February 06, 2015, 07:55:18 AM »
what goes up never comes down??

Age and Swiss Watch Prices.....   ;D
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Jacky Wong

Offline Timeless

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Re: Panerai price drop?
« Reply #8 on: February 06, 2015, 09:58:49 AM »
Interesting though, but I doubt that the price will go down
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Offline rahkshi007

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Re: Panerai price drop?
« Reply #9 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
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Offline TheHobbit

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Re: Panerai price drop?
« Reply #10 on: February 13, 2015, 04:49:55 PM »
As I understand the prices of certain models did drop and only in certain markets. 
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Offline chrisyen

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Re: Panerai price drop?
« Reply #11 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


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Offline toolkit21

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Re: Panerai price drop?
« Reply #12 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
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Offline ckoh

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Re: Panerai price drop?
« Reply #13 on: February 15, 2015, 09:17:45 PM »
pp price will drop 7% -15%
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