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--Richemont Brand Jaeger LeCoultre Considering Second Price Hike In A Year
--Swiss Franc Is A Challenge, Company Has To Protect Margins
--Company Targets Higher Sales In Fiscal 2011/2012
--Plans 60% More Boutiques Over Next Three Years
LE SENTIER, Switzerland: Luxury watchmaker Jaeger-LeCoultre, a brand of Compagnie Financiere Richemont SA (CFR.VX), could increase prices for the second time this year to offset the continued strength of the Swiss franc.
The brand, which sells watches from CHF5,000 to CHF400,000, will review its pricing strategy in the next few weeks, marketing director Stephane Belmont told Dow Jones Newswires.
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Jaeger Lecoultre Reverso Squadra
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How much will you pay for a Jaeger-LeCoultre Reverso Classique Grande Automatique watch? 
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Jaeger-LeCoultre Reverso Gran Sport Chronograph € 3.700