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Prices increases of as much as 8% could hurt sales, Morgan Stanley says
07 July 2023 – 13:01 Andy Hoffman
Omega, the Swiss watch brand known for its Speedmaster and Seamaster models, raised prices by as much as 8% in a move that could hurt sales, according to investment bank Morgan Stanley.
Omega recently raised prices by 2% in Switzerland and China, and by 8% in the US, the biggest export market for Swiss timepieces, Morgan Stanley analysts wrote in a report, citing their own price tracking data. ..
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