April 25, 2025 - 17:24
In a significant move, two prominent Swiss watch brands have announced upcoming price increases in the United States, reflecting the impact of recent tariffs. Starting May 1, Rolex will implement an average price hike of 3% across its collection, while Omega plans to raise its prices by 5%.
The decision comes as the luxury watch market continues to navigate economic pressures and changing trade policies. Tariffs have created challenges for manufacturers, prompting these iconic brands to adjust their pricing strategies to maintain profitability.
Consumers can expect to see the new prices reflected in retail outlets and authorized dealers as the date approaches. This adjustment may influence purchasing decisions for collectors and enthusiasts alike, as the luxury watch segment remains competitive. Industry experts suggest that such price increases are not uncommon in the luxury sector, especially during times of economic uncertainty.
As these brands adapt to the evolving market landscape, their commitment to quality and craftsmanship remains steadfast.
July 26, 2025 - 01:12
Trump Merges Business Ventures with Political Engagement at Scottish Golf Course OpeningUS President Donald Trump is set to visit Scotland on Friday for the grand opening of a new golf course developed by his family`s business. This event, scheduled for August 13, highlights the...
July 25, 2025 - 07:22
Guilty Plea in Tragic Fire Case that Claimed San Jose Businessman's LifeFamily and friends filled a Santa Clara County courtroom as Yessenia Estrada admitted her guilt in connection with a devastating fire that resulted in the death of San Jose businessman Chris Tran....
July 24, 2025 - 23:35
F.N.B. Corporation Expands eStore® Common Application with Business Deposit ProductsF.N.B. Corporation has announced an exciting enhancement to its eStore® Common Application by integrating business deposit products. This addition aims to streamline banking services for business...
July 24, 2025 - 12:02
Proposal to Repeal L.A.'s $800 Million Business Tax Raises Concerns Among City OfficialsCity officials in Los Angeles have expressed serious concerns regarding a proposal to repeal the city`s $800 million business tax, known as the `gross receipts` tax. This tax has been a significant...