Tuesday, January 11, 2005

Price Increases

So rumor has it that the big three watch manufacturers (Patek, Rolex & Cartier) are going to be bumping up the retail prices on their watches next month. This follows a fairly dramatic price increase last year at this same time. Good news if you just purchased a watch for the holidays (as the resale value of your watch could also be increasing). But it may be bad news if you are waiting until next month to buy that new watch. We'll just have to see how much of change they implement.

I read a pretty informative article today about the weakening dollar and the effect that will have not only on imported goods from Europe but on our economy as a whole.



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