JLC price increase

Jun 02, 2023,16:30 PM
 

I was blown away by the latest price increase from JLC. Not that they aren't worth the price, but a few watches went up 4 or 5%, but a great deal of them went up between 7 and 15%, especially for steel models. but what blew my mind was the basic Atmos going from US $7,300 to US $11,100 (35%)!

-Dean

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Wow........

 
 By: InHavenPro : June 2nd, 2023-16:35

Like you, I too think they MIGHT be worth the price

 
 By: Thomas_3 : June 2nd, 2023-16:40
but for the average working guy they are pricing themselves out. I may make pretty good money but certainly have other obligations before I can drop $8-$10,000 on a watch for myself. Thankfully I was able to get the largest part of what I have before too ... 

That's the typical budget! $8,000 to $10,000

 
 By: patrick_y : June 2nd, 2023-16:48
8000 to 10000 USD, CHF, Euros, or Pounds.

Goodness gracious!

 
 By: patrick_y : June 2nd, 2023-16:44
That's huge in such a bad time! Looks like the new strategy is to make more money by raising prices!

How recent is this price increase?

 
 By: India Whiskey Charlie : June 2nd, 2023-17:14
Didn't we just have one earlier this year?

There have been multiple increases

 
 By: andrea~ : June 2nd, 2023-17:19
Abhorrent behaviour if you ask me... especially considering that they're not actually improving anything my reverso was bought at full retail one year and a half ago for 63% of the current listing

June 1st

 
 By: watchme : June 2nd, 2023-18:49

Well spotted

 
 By: robsallnow : June 2nd, 2023-17:27
The Reverso Chrongraph has already gone up £2500 since it was announced a couple of months ago and a simple Reverso Small Seconds is now an eye watering £10,100....the new white dialled version was £9600 when introduced a couple of months ago, a premium o... 

One thing I never doubted about JLC in the past...

 
 By: blau : June 2nd, 2023-17:45
was that their watches were worth the price! Lucky for them the Reverso is such a strong, 'iconic' watch, because I think the days of selling JLCs on value are over.

Unfortunately this topic refers to many more brands…

 
 By: shortys home : June 2nd, 2023-17:52
… beyond JLC or Richemont. The overhyped prices in the secondary markets for certain (often instantly recognizable) watches seem to have influenced the industry, higher margins are apparently the current goal. It would be very interesting to have more ins... 

Are they own by Richemont :) ?

 
 By: Clueless_Collector : June 2nd, 2023-17:53

Have to agree.

 
 By: amanico : June 2nd, 2023-20:21

What is it with this company?

 
 By: watch-er : June 3rd, 2023-22:57
Most of their lines lose a lot of value on the secondary markets. I would look for discounting at ADs before long.

Yes.

 
 By: amanico : June 2nd, 2023-20:21

This is the only way I know of to delete a bad take.

 
 By: Uncle Chico : June 2nd, 2023-18:25
Mark Twain's definition of a diplomat applies. "Think twice before saying nothing." Apologies.

Reverso Tribute Chronograph (+3.7% gold, +16.8%(!) steel)

 
 By: jmpTT : June 2nd, 2023-18:37
Verified on JLCs website, the new-for-2023 Reverso Tribute Chronograph is now retailing 25,000 USD in steel and 38,800 USD in 18 ct pink gold. That's up from the April 2023 price of 21,400 USD and 37,400 USD, respectively. When I visited my local JLC bout... 

Steel is gold…

 
 By: Alfihar : June 5th, 2023-04:01

Maybe…

 
 By: Alfihar : June 8th, 2023-06:09
Since the dawn of time alchemists have tried to transform lead into gold.... Without success.... JLC plays sorcerer's apprentice, trying to turn steel into gold.... I hope for their sake that their magic formula will work and that it won't end in disaster... 

Wow

 
 By: TeutonicCarFan : June 2nd, 2023-21:58
I could swear last year I was looking at the reverso burgundy for 8700? Now 10,600 USD. I guess this is every brand now. I may need to venture into second hand, but had been enjoying buying new. Maybe the times are changing and I need to change with them.... 

The Reverso tribute was very attractively priced during COVID two years ago.

 
 By: gup502 : June 3rd, 2023-01:31
There might be pressure from the Richemont group top management. LVMH is doing well and once reported would be taking over Richemont. when more and more watch manufacturers churning out their own movement, JLC needs to look for more revenue growth from th... 

I only say: Richemond group

 
 By: SuperKarma : June 3rd, 2023-06:24
A classical „finance investor“. It is such a difference to indipendend brands or even brands from other groups like swatch group I.e. like Breguet… or Blancpain. And what I do not like about JLC, too. The finish of the single inside components is only whe... 

automatic winding rotor for one

 
 By: benitoite : June 4th, 2023-01:01
JLC switched from having 22k gold weight at the end of automatic winding rotors a few years ago to plating the entire rotor with gold. They're tricking their customers into thinking that there's more gold. JLC products are getting worse for more money. St... 

not convincing ...

 
 By: Gabriel80 : June 4th, 2023-10:53
the same can be read about Lange-rotors

Jlc prices

 
 By: pmh6000 : June 4th, 2023-18:29
In 2020 I went on a buying binge and brought 5 new JLCs various models. Now the MSRP on those same watches is over 30% higher. Someone at JLC has lost it.

The only way I can see this panning out…

 
 By: watchme : June 5th, 2023-16:14
Is for JLC to FINALLY get a great (read: expensive but effective) ad campaign, like the Generations campaign that has served Patek so well.

Was on my way to the JLC boutique when I read your post ...

 
 By: bimbeano : June 4th, 2023-20:29
... so I decided to skip the JLC boutique and headed to the Longines dealer. When I arrived there and had a good look in the window prices had gone up there a swell so then ... .. i decedied to visit the Seiko store ... alas by the time I arrived there my... 

True story my friend !

 
 By: bimbeano : June 4th, 2023-20:51
You know I would never make this up !

Indeed !

 
 By: bimbeano : June 4th, 2023-21:18
When I arrived home I did a quick check on my fake replica fake watch and it turned out the seller gave me the wrong watch ... turned out to be a real JLC !! How amazing is that ?

:))))

 
 By: amanico : June 4th, 2023-21:25

Over $11,000 for the entry model Atmos? As bad as the increases on their watches are, this just seems ridiculous.

 
 By: Emil Wojcik : June 6th, 2023-15:27
Has the base model Atmos changed in any significant way over the decades? I assume the movement is still basically the same as it's been for decades, or am I incorrect? Have there been substantial improvements in the basic model that I'm unaware of? Mine ... 

Alas, yes.

 
 By: amanico : June 6th, 2023-15:47