Rolex Price Increase in HK

[williamsgl]

Heard from my HK friends that Rolex going to increase their price again in May by 8%....sianz....

[seiko.citizen]

didnt they have an increase in the list price along with the US?

[williamsgl]

HK had an increase back in February....now going to increase again. Korea just increased their price by 8% on yesterday.

[teo]

Good.

[seiko.citizen]

my god. looks like business is brisk for these people who can afford to put up the price and still got people lining up to buy.

[Oceanklassik]

See wat i mean?! Soon it'll b our turn in mths to come..

[pebz]

Wow! My 1st rollie feels further now...

[williamsgl]

Imagine if Rolex Singapore going to increase price again in June...an Explorer II will cost $8745 list! GMTIIc will cost $10,319 list...all at 8% increase...Wah piang!!!

[seiko.citizen]

as ive said before, consider the following scanarios:

1) if you were a shop keeper, i doubt you were able to raise your goods 8% again, having just raised your prices in Feb.

2) if you are an employee, doubt your wages went up 8% after a pay increase in Feb.

Another example of the big companies playing with the consumers. This is happening not only to Rolex, but to daily needs such as rice. My local supplier, just upped the price of AAA fragant rice to 38.50/25kg bag. in the good ol days it was just under $30/25kg bag