Spyker Cheng, general manager, told reporters
Lu Weiming Xuans luxury watches including Zenith and other brands, is expected to be June
1 or July 1 for prices, while Specific price program is still headquartered in the
approval process.Outside Guangdong, according to sources, said the Wenzhou area in
addition to Omega watches, another luxury watch brand Concord also has 1/4 to 1/3 of the
table on the same day prices, or about 5%; Rolex, Jaeger-LeCoultre, Tudor, Movado and
other brands may also have prices, or about 5% to 10%.Estimated overall increase is less
than two percent, however, Guangzhou Friendship Store Operations of the person in charge,
in friendship luxury watch brands, only Omega price increases, other brands including
Concord, Rolex and so no price increases.The source believes, luxury watches once every
year to raise prices, rose a few points is a very common thing, and consumption tax
adjustment and no significant relationship.The Boer Table Brand Southern Region General
Manager Liu pairs are analyzed, the luxury watch market in Guangzhou and not much price
adjustment for two reasons, one being sold in high-end watches in the implementation of
the new import consumption tax to enter , the price has not been the impact of excise tax;
Second, the consumption tax is levied based on prices for the declaration, and on the
market price of yuan declaration watches price, luxury watches and did not reach the
consumption tax levied limits.The industry believes that the first price adjustment in the
domestic market Omega has some experimental effect on other luxury watches may play an
exemplary role reference or even cause a chain reaction.With the implementation of the new
consumption tax, luxury watches price seems to be a general trend in succession, but the
magnitude of price increases and 20% of the consumption tax rate should be a big gap .1228
8; 12288;
Golden Week, the 7th cumulative down, Guangzhou, thousands of gold price rose 17 yuan /
gram,