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#1 |
"TRF" Member
Join Date: Oct 2008
Location: uk
Watch: Rolex 114060
Posts: 725
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Is Breitling About To Go Bust
Anyone else heard this, I was in Omega Boutique today and they was really pushing to sell me something. When I made it clear I was not interested as they don't discount, and showed them my Breitling I got 20% off they told me Breitling was in trouble and had too much stock and were on verge of going bust. A case of salesperson pi**ed off not getting or going to get a sale, or is this rumour true and Breitling are in serious trouble.
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#2 |
Banned
Join Date: May 2011
Real Name: HR
Location: Planet Earth
Watch: -ing Barts.
Posts: 4,244
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Mostly watches prices are going up.. I heard Breitling prices gives discount. That's kinda weird. No idea.
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#3 |
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Join Date: Dec 2008
Real Name: Greg
Location: Cincinnati
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Too much inventory does not mean 'brand in trouble'. Not permanently, anyway. Let's not forget that back in 2006-07 (when I was still wet behind the ears
![]() ![]() ![]() But back on topic, brands went through these small 'dumps', but not even 3 years later they were back on top, making sweet new models and cutting margins for (or cutting off completely ![]() And truth be told, most actual brands love the grey market, as it is often fueled by actual enthusiasts. It's the actual retail circuit that dislikes us, for obvious reasons. As far as Breitling, they have had too much inventory for a while (at least a year), but it is not the good stuff. It's usually the solid gold pieces, ladies, or smaller models. Quartz even.
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#4 |
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Join Date: Mar 2011
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Watch: the girls
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Well ,except the navitimer ,B doesn t have to many attractive models these days.B was very popular used to be but i think aviation watches are not very hot nowadays,the bentley line is really overpriced and dedicated to a niche market,NB might be they didn t dedicated but that s happened..
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#5 |
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Hardly, discounts for Breitling's have been around and available, an upset Omega person is my guess
![]() I love the Omega watches but they seem to have become much more expensive in the last few years.... |
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#6 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Mar 2010
Location: Paris, France
Posts: 34,972
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wow, what a way to make a potential customer feel good.....poor form.
![]() as to breitling going bust, that just seems insane. |
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#7 |
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Join Date: Oct 2007
Real Name: Richard H.
Location: USA
Watch: Submariner
Posts: 42
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I had a salesman tell me a few years ago that Seiko was bankrupt and going out of business.
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#8 |
"TRF" Member
Join Date: Jul 2008
Real Name: Eric
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Wow - another case of the Omega Boutique sales person has no idea what he/she is talking about.....
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#9 |
"TRF" Member
Join Date: Jan 2010
Location: Maryland, USA
Watch: Omega Flightmaster
Posts: 118
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So it's not just me? I always walk away from the Omega sales people amazed that a novice like me knows more about their own products than they do!!
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#10 |
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Join Date: Feb 2012
Real Name: Steve
Location: Boston, MA
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#11 |
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Join Date: May 2009
Location: UK
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20% off Breitling has always been easy to get and recently due to the strength of the CHF against the GBP they have dropped the RRP in the UK. Weird but true. I very much doubt they are in trouble given worldwide sales & profits have been increasing year on year despite the questionable new designs they have been coming out with.
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#12 |
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Join Date: Nov 2008
Location: Alexandria, VA
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I just got my Superocean back from service tonight!!!! I guess I am lucky I got the watch back before they went Bust
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#13 | |
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Real Name: John
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#14 |
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Join Date: Nov 2010
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thats the dumbest thing i have ever heard, breitling had a great year, they have some awesome new models getting announced this week, and they arent going ANYWHERE.
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#15 |
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btw, you are in the uk, breitling recently announced a 10% price decrease in the uk to balance the global trade against the chf. they will occasionaly have to do that so a chronomat 44 cost the same in london as it does in new york, paris or tokyo. they had a 27% increase in the last year but the pound is up 22% against the chf, so they had to drop it back 10% to make it work. but a dullard who is forced to work in the omega boutique wouldnt know anything about how that stuff works.
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#16 |
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Join Date: Mar 2010
Real Name: Philip Harper
Location: New York
Watch: Date Just
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Very interesting stuff here. Glad I read this thread. :)
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#17 |
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Join Date: Sep 2010
Real Name: Graham
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So realistically, how much discount is available on Breitlings in the UK now?
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#18 |
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AD's sell a lot of Breitlings around here.
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#19 |
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#20 |
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Real Name: Graham
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Just been to my AD who told me that Breitlings are just not selling at all at the moment. He wasn't trying to sell anything or run anyone down.
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#21 | |
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#22 |
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Join Date: Mar 2012
Location: KY
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Breitling does have some odd stuff but that said the Navitimer is a beeeeeeeautiful bit of kit. Even considered getting a superocean gmt to hold me over til I can pop for a gmt master. One of my local ad's did state that breitling is cutting back their distributors by half. Luckily for him he had already ended that relationship and now has a host of tasty B's for "let's make a deal" prices.
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#23 |
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Join Date: Apr 2012
Location: UK
Watch: DateJust 2
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Last Wednesday, i collected my new DateJust 2 (first Rolex), prior to this i have purchased 3 breitlings and did ask the AD how she compared Rolex to Breitling, she did mention that sales have not been too strong recently, but not anything about them going bust.
I purchased the bentley back in 2007, the superocean heritage and the colt in 2010, all of which appear to have gone up in value since. Maybe breitling where putting the prices up too often where others were not? Although i did hear that Rolex have a price increase due around June this year. Love the datejust 2, so much more comfortable! |
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#24 |
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Tis an interesting thread, would beware any salesperson who would use doom and gloom as a sales tool, and any company that would hire/promote such actions. Sure it is not an Omega company line, just a mis-informed sales boutique employee.
As far as going out of business, Breitling is one of the few independents, and the excess stock is as described above, a lot of gold and diamond pieces, as well as some platinum bezel models that never did well. Then, as a company that changes their product line quite often, even if just dial designs, they are always going to have fazed out inventory floating. Have not noted any drop in secondary market values, but have seen volume a bit slow. On the other hand, with so many new models just debuted, is common for things to slow in anticipation of the new arrivals! |
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#25 |
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Location: Wisconsin
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#26 |
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Join Date: Dec 2010
Real Name: John
Location: Canada
Watch: DSSD, SubC LV
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Both the Omega and Breitling boutiques in NYC give 0 discounts, yet Omega and Breitling dealers routinely give 25% discounts. Whenever I mention this to the boutiques they always deny that is possible- so I wouldn't listen to any propaganda from a boutique! Btw, how do the boutiques make any sales at all? Who would pay $1000 + more to a boutique for the same watch?
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#27 |
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Watch: too many
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I just sold my breitling evo (mop) to buy the new B01 with MOP dial.
$9,600 !!!!!!!! are you kidding me? No gold or diamonds on it! Breitling has priced me out of their market - I can get a SS Daytona for that!!!! Either I have to buy used or go get another Rolex. a little off topic... The new Planet Oceans have gone insane with their pricing also. When I visited the Omega Boutique here, I got sticker shock. And more shocked that they don't discount a penny. I have a feeling that shop won't be around for long. |
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#28 | |
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Join Date: Dec 2008
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Quote:
So if you have money to waste, and can't wait to get the latest greatest models, you have to buy from Boutique in Michigan. |
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#29 | |
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#30 | |
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