Cyrille Vigneron, President and CEO of Cartier, recently did an interview with Bloomberg. Vigneron hinted at a 3-5% price increase to offset the cost of materials like gold, diamond and platinum. If you would like to purchase Cartier, we recommend purchasing now and in the preloved market you will get an even better rate! Here are some Cartier jewelry pieces we still have in stock! Rose Gold Love Bracelet: White Gold Love Bracelet: Love bracelets were referred to as the “Modern Love Handcuff”. It was rumored that Cartier never let anyone buy the cuff for themselves and you had to buy them in pairs. Bag lovers, how do you feel about the Cartier price increase?
First Chanel, then Hermes, now Louis Vuitton, fashion God’s say it ain’t so! Louis Vuitton just announced this week that it will be raising their prices in response to increased manufacturing costs, transportation costs and inflation in the global market. Which means Louis Vuitton all over the world will be affected. This price increase will affect leather goods, fashion accessories and perfumes. Every item has its own price increase, averaging an overall price increase of 20%. Even though in 2021, Louis Vuitton had a strong fourth quarter and they had a record revenue of 71.5 Billion USD – which is a 40% increase over last year. “The price adjustment takes into account changes in production costs, raw materials, transportation as well as inflation,” Louis Vuitton CEO Bernard Arnault said in a statement to Reuters. Brace yourself, the chart below contains […]