Rolex is taking over watch retailer Bucherer, giving the luxury giant more control over how its watches are sold, the WSJ reported. After the news, shares of Watches of Switzerland tanked 21%. Rolex ...
One of the top luxury watch dealers in the world says it sees a softening of sales, signaling that even new watch merchants might be facing leaner times. Watches of Switzerland (WOSG.L) group saw its ...
Bloomberg reported one of Watches of Switzerland's major investors dumped 5 million shares after Rolex's deal to take over Bucherer. Rolex is set to take over the luxury watch seller to gain more ...
The Rolex catalog has always been large, with a range of models and references to suit different tastes and budgets. Today, ...
An insight from the program is that consumers will pay 28% more on average for a preowned watch that has been certified ...
“We’re lucky in that we don’t attract the smash ’n’ grab kind of criminal,” says David Silver. “I don’t think that kind of criminal would really know what to do with what we sell. You’d need the ...
For years now, the narrative around buying a Rolex watch has gone something like this: They’re impossible to buy new from an authorized dealer and their prices are massively inflated on the secondary ...
At the end of 2022, Rolex first announced its Certified Pre-Owned (CPO) program, meaning the world’s bestselling watch brand would finally be able to exert some direct control over its highly inflated ...
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