【South Korea】Despite the Luxury Downturn… Rising Prices for Jewelry and Watches
Editor’s NoteIn a sluggish luxury market, major brands are raising prices for jewelry and watches—a counterintuitive move analysts call a “price…
Price Increase
【South Korea】[Exclusive] Cartier to Raise Jewelry Prices on the 10th… Average Increase of 2-5%
Editor’s NoteCartier has announced its third price adjustment in South Korea this year, with increases of 2-5% on select jewelry lines, including…
【South Korea】”Instead of Bags, They Buy Luxury Jewelry”… Cartier’s South Korean Sales Reach 1.8 Trillion Won
Editor’s NoteThis article highlights Richemont’s remarkable growth in South Korea, driven by sustained demand for luxury jewelry and watches. The…
【South Korea】Luxury Jewelry Brand ‘Bulgari’ Implements Price Increase… 7-10% Rise Across Lines
Editor’s NoteBulgari has implemented price increases of 7-10% on select items in South Korea, including its signature Serpenti collection. This…
【South Korea】Luxury Jewelry and Watch Brands Aggressively Expand Retail Networks in Korea
Editor’s NoteThis article highlights a notable trend in the luxury sector, where high-end jewelry and watch brands are accelerating their retail…
【South Korea】Luxury Jewelry and Watches Expand Distribution Channels Amidst General Luxury Market Slowdown
Editor’s NoteThis article highlights a notable divergence within the luxury sector, where high-end jewelry and watches continue to thrive despite a…
【Seoul, South】Chanel Overtakes Louis Vuitton… Shift in the Luxury Brand Landscape
Editor’s NoteChanel has implemented surprise price increases on select handbags and accessories in South Korea, with hikes of up to 8.2%. This move…
【Seoul, South】South Korea Emerges as a Battleground for Luxury Watches: New Brands Land, Stores Undergo Renovations
Editor’s NoteSouth Korea has become a key and competitive market for luxury watch brands, driven by strong domestic demand. This article explores how…
【Seoul, South】From Mid-Range to Luxury: Watch Prices Surge Ahead of Spring Wedding Season
Editor’s NoteThis article reports on Mido’s upcoming price increase, reflecting a broader trend of price adjustments in the watch and luxury sector….
【Paris, Franc】Hermes to Implement ‘Tweezers’ Price Hike in U.S. Next Month Due to Tariff Impact
Editor’s NoteHermes will raise U.S. prices next month, citing the need to offset the impact of new tariffs. A Measure to Offset the 10% Universal…