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Cartier to Raise Prices 3-5%

The increases will help to mitigate rising material prices.




Consumers can expect prices on Cartier products to rise in coming weeks.

Cyrille Vigneron, CEO of the company, has pegged the increases at 3-5 percent, Bloomberg reports.

The increases will help to mitigate rising prices of gold, platinum and diamonds, he said. They will also help to combat recent weakness of the euro against the U.S. dollar and Chinese yuan.

Vigneron described the price increases as “mild.”

He told Bloomberg: “We’re in a long-term business, and we have to be careful not to adjust our pricing too quickly.”

He’s optimistic about the company’s long-term prospects due to broad economic and demographic trends, including “overall growth of world wealth.”


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Thinking of Liquidating? Wilkerson’s Got You Covered

Bil Holehan, the manager of Julianna’s Fine Jewelry in Corte Madera, Calif., decided to go on to the next chapter of his life when the store’s owner and namesake told him she was set to retire. Before they left, Holehan says they decided to liquidate some of the store’s aging inventory. They chose Wilkerson for the sale. Why? “Friends had done their sales with Wilkerson and they were very satisfied,” says Holehan. He’d enthusiastically recommend Wilkerson to anyone looking to stage a liquidation or going-out-of-business sale. “There were no surprises,” he says. “They were very professional in their assessment of our store, what we could expect from the sale and they were very detailed in their projections. They were pretty much on the money.”

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