[Updated December 5th] Price Hike Surge! Summary of Price Information for Famous High-End Brand Jewelry (Scheduled Revision Dates and Price Increase Rates)

2022.12.05 published

The Rush of Price Increases is Incredible...!

From 2021 to 2022, there has been a continuous rush of price increases among high-end brands.

Foreign brands have been raising their prices quite frequently for a long time, but the recent simultaneous price hikes are especially notable. It has been a hot topic lately.

The price revisions are due to skyrocketing raw material costs and production costs caused by global circumstances, as well as the depreciation of the yen.

Transportation costs, raw materials, and labor costs are all affected, along with the impacts of war.

@nagisa_marry

In addition to fashion items like shoes, bags, and watches, jewelry is also subject to price increases. Recently, there have been many reports on the surging prices of gold and diamonds.

Even for those who typically don’t shop at luxury brands, choosing engagement rings or wedding bands often includes considering overseas brands.

Depending on the brand and product, prices can rise by more than 10%, making this an important piece of news for those who are about to select rings.

I, too, am troubled by this!

With the continuous price hikes from high-end brands, I am currently searching for a wedding ring and am wondering, "By when should I buy it...? I need to hurry..."

Some friends have said, "I heard they were going to raise prices, so I rushed in."

However, just looking at the official website does not prominently display information about price increases, so I find it hard to understand without asking the staff.

Some brands even indicate, "Prices will change without notice."

While it's not a bad thing... for someone who is sensitive to this, I really want to be informed...!

I decided to check it out! In mid-May of this year, I visited three stores of a brand I was interested in in Ginza.

① Boucheron had already raised prices in February (but is raising prices again on July 20! This seems to be every six months.)

② Cartier just raised prices on May 9 (the day I went to the store was exactly one week later... what a bummer.)

③ Chanel is raising prices on June 7.

This was the situation.

Being in the midst of a price increase rush, it's shocking to think that prices can change just based on one week's difference in visiting the store...!

It's like stock prices...

I know that buying as soon as possible is the right move, but it's not so easy to decide.

In this article, I looked into when and by how much (what percentage) wedding ring brands are increasing their prices.

As of December 5, 2022

*Many brands have made several price revisions in 2022. For the same product, there have been multiple price hikes, but some items have been kept the same.

【💍】 Boucheron

Price revision date: February 8, 2022

Approx. 5% price increase

Price revision date: July 20, 2022

Approx. 7% price increase

【💍】 Cartier

- Price revision date: May 9, 2022

Approx. 5% price increase

- Price revision date: July 29, 2022

Approx. 8-10% price increase

- Price revision date: November 15, 2022

Approx. 3-4% price increase

【💍】 Tiffany

Price revision date: August 8, 2022

Price revision date: December 5, 2022

Approx. 5% price increase

【💍】 Van Cleef & Arpels

Price revision date: May 12, 2022

Approx. 10% price increase

Price revision date: October 18, 2022

Approx. 8% price increase

【💍】 Harry Winston

Price revision date: May 10, 2022

Approx. 10% price increase

Price revision date: August 10, 2022

Approx. 7% price increase

Price revision date: October 25, 2022

Approx. 5% price increase

【💍】 Chanel

Price revision date: February 15, 2022

Approx. 8% price increase

Price revision date: June 7, 2022

Price revision date: September 1, 2022

Approx. 10% price increase

Price revision date: November 2, 2022

Approx. 10-15% price increase

* There are many products that have increased prices without official announcements.

【💍】 Chaumet

Price revision date: March 17, 2022

Approx. 8-9% price increase

Price revision date: June 22, 2022

Approx. 10-15% price increase

【💍】 Bulgari

Price revision date: April 1, 2022

Approx. 6-8% price increase

Price revision date: September 5, 2022

Approx. 4% price increase

【💍】 Graff

Price revision date: April 15, 2022

Approx. 10% price increase

【💍】 Tasaki

Price revision date: January 20, 2022

Price revision date: June 29, 2022

Approx. 8-15% price increase

* Next price revision date: January 31, 2023

Many had a 10% increase...!

I have compiled information on price increases from famous high-end brands. Many brands have already completed their price increases. However, there is a high possibility they will increase prices again in six months or a year.

(Please note that the rate of price increase may vary depending on the product, so please contact each brand for details.)

As someone currently looking for a wedding ring, I wish I could have bought it sooner...! I wanted to know...! But since marriage is about timing, I can only accept it.

However, a 10% increase is significant...! (That's the amount of consumption tax!)

Recently, the increase in shipping costs for Mercari has also been a hot topic, but not only jewelry but also the prices of various items in the world are rising. It’s not a bad thing, but I feel like it’s a difficult world...!

But when it comes to ring selection, which marks the beginning of married life, I honestly wish not to focus too much on the price and to search with a happy feeling as much as possible.

I hope to slowly find something that I love.

➡ View the list of ring articles here

@1120_wd_sa