Van Cleef & Arpels announces price increases
# Van Cleef & Arpels announces price increases # [Van Cleef & Arpels responds: Global price increases in response to rising raw material costs] # Van Cleef & Arpels responds to product price increases # On June 3, Van Cleef & Arpels announced adjustments to its global product prices in response to rising raw material costs. Among the classic five flower bracelets, the price of the “carburete in yellow K gold” model was raised from 36,700 yuan to 40,800 yuan, and the price of the “mother-of-pearl diamond” model was increased from 111,000 yuan to 123,000 yuan. The price adjustment is in the range of 5% to 11%.
Van Cleef & Arpels said the changes, which took effect in the early hours of May 31, were aimed at maintaining consistency in product pricing worldwide.