Connect with us


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.”


Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at



When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”

Promoted Headlines

Most Popular