Core Viewpoint - The price increase of Laopu Gold products on August 25 was anticipated, with a range of 5%-20% across various items, primarily due to the significant rise in gold prices this year [1][3][24]. Price Increase Details - On August 25, Laopu Gold's flagship stores on JD and Tmall raised prices by approximately 1,000-3,000 yuan for popular items, with an overall increase of 5%-13% [1][3]. - The price increase was pre-announced on August 15, indicating a planned adjustment rather than a sudden change [3]. - Specific examples include a rose flower window piece with a price increase of about 2,000 yuan (less than 10%) and a small cross vajra necklace that rose by 2,250 yuan (20%) since February [3]. Consumer Behavior - There was a notable surge in customer traffic before the price increase, with long queues reported at various Laopu Gold stores, indicating a rush to purchase before the hike [4][6][13]. - Customers expressed relief at making purchases before the price increase, with some reporting significant price hikes on items they were considering [18][20]. Brand Positioning - Laopu Gold is positioned as a luxury brand, often referred to as the "Hermès of gold," with 33 stores located in high-end shopping centers [23]. - The brand has adopted a "one-price" sales strategy, moving away from traditional pricing based on weight, which has contributed to its premium market positioning [23]. Market Dynamics - In the second-hand market, Laopu Gold products are now being valued based on weight rather than the previous "one-price" model, which may affect consumer perception and sales [24]. - The company's stock price experienced volatility, peaking at over 1,000 HKD per share before declining to 748 HKD, resulting in a market capitalization loss of over 60 billion HKD [24].

每经编辑｜何小桃 顾客涨价前"抢购" 8月25日的涨价并非突发事件。 8月15日，老铺黄金微信公众号发布调价预告，表示将于8月25日进行产品提价调整，详情以线上线下门店产品实际标价为准。 北京SKP门店工作人员则表示，这次主要产品的价格涨幅在10%~12%之间，个别款式可能会略少一点。因为产品款式、工艺及宝石辅料等因素不同，产 品价格上调幅度会略有不同。比如，镶嵌红色钻石的中号玫瑰花窗，此前价格约2.2万余元，目前为2.4万余元，涨价约2000元，涨幅不到10%。 而另一款热门款式十字金刚杵项链，小号7.8克的价格在今年2月10日时还只有10750元，如今定价13000元，涨了2250元，涨幅20%。工作人员解释称，今 年2月底涨过一次价格，加上这一次，才变成20%，其实每次涨幅大约都是10%。 老铺黄金又涨价了。 据多家媒体报道，8月25日老铺黄金京东旗舰店及天猫旗舰店大部分产品已经涨价，1万-3万元左右的热门饰品大约上调了1000-3000元，主要产品涨幅在 5%-13%左右。 北京SKP门店工作人员表示，这一次多款产品涨价幅度在10%~12%。而今年2月的那一轮提价，涨幅5%~12%。 有老铺黄金天猫旗 ...