gup502
481
The Reverso tribute was very attractively priced during COVID two years ago.
Jun 03, 2023,01:31 AM
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 their own products.
Drastic increase in prices needs to be substantiated by breakthrough in new technology or craftsmanship. The tribute to Chronograph is not entirely a huge breakthrough imo.
This product repositioning is not an easy task, especially there are not that many watch brands which have a good second market value.