Summary

  • Leica has increased the prices of its products by 7% in Canada and the US from May 1, due to the company’s importation method.
  • Leica products are imported into both countries via the US, hence the price uniformity.
  • The Camera Store queried the increase as they had previously been told two years ago that it was too difficult for Leica to differentiate its pricing in Canada versus the US.
  • Leica later confirmed that the most recent price hike was exclusively down to import considerations, but is looking at possible future ways to separate pricing.
  • The new tariffs by Trump on imported goods are also affecting other companies such as DJI and Blackmagic Design, who are increasing their prices or reconsidering investment in US facilities due to increased production costs.

By Andrew Liszewski

Original Article