The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 13 July 2021, 10:31 AM   #1
seabreeze60
"TRF" Member
 
seabreeze60's Avatar
 
Join Date: May 2017
Real Name: Dan
Location: USA
Watch: Tudor, Carl F. Buc
Posts: 1,580
Rolex is now #1 in total sales. WSJ article from Saturday

seabreeze60 is offline   Reply With Quote
Old 13 July 2021, 10:41 AM   #2
carwashchris
2024 Pledge Member
 
Join Date: Dec 2018
Location: Ohio
Watch: Vintage DD'S
Posts: 838
Hey thanks for the read. Chris
carwashchris is offline   Reply With Quote
Old 13 July 2021, 11:02 AM   #3
casadecamporolex
"TRF" Member
 
casadecamporolex's Avatar
 
Join Date: Mar 2008
Real Name: Louie
Location: CDC/FCGC
Watch: 116619LB
Posts: 1,251
The 1% want a Rolex

Excess wealth?
Just in USA.
Attached Images
File Type: jpeg 3B26AC7F-988E-4119-88ED-0BB329AFC002.jpeg (37.4 KB, 1108 views)
File Type: jpeg 7D6A82A9-629D-43B9-9CA5-5C36EC02F081.jpeg (43.8 KB, 1107 views)
casadecamporolex is offline   Reply With Quote
Old 13 July 2021, 11:14 AM   #4
uhren917
"TRF" Member
 
uhren917's Avatar
 
Join Date: Dec 2017
Location: California
Watch: 116710 BLNR
Posts: 532
Thank you, that was informative.
uhren917 is offline   Reply With Quote
Old 13 July 2021, 11:25 AM   #5
zion_rasta
"TRF" Member
 
zion_rasta's Avatar
 
Join Date: Jul 2012
Location: Planet Earth
Watch: GMT II ceramic
Posts: 1,590
Yeah, I am surprised by this article. Didn’t know this was going on…
__________________
Sky Dweller WG 326139
GMT II 116710LN
Submariner 1680
Sold - Daytona 116523; YM 116622; Datejust 16233
zion_rasta is offline   Reply With Quote
Old 13 July 2021, 11:42 AM   #6
Stud Screw
"TRF" Member
 
Stud Screw's Avatar
 
Join Date: Mar 2020
Location: Detroit
Watch: 16233
Posts: 785
"A Rolex Pepsi watch"
__________________


“Better to have thunk wrong than not thunk at all.”
Stud Screw is offline   Reply With Quote
Old 13 July 2021, 12:14 PM   #7
Seddyspaghetti
"TRF" Member
 
Seddyspaghetti's Avatar
 
Join Date: Jun 2016
Location: Uranus
Watch: 116500LN
Posts: 4,713
Not surprised. Thanks for sharing.
Seddyspaghetti is offline   Reply With Quote
Old 13 July 2021, 12:17 PM   #8
zewill
"TRF" Member
 
Join Date: Jan 2011
Location: Montréal
Posts: 540
Good read. Author clearly not a watch enthusiast but still a good read and a better thread than ‘ guess what incoming thread I’m doing about a possible incoming watch when I get a call’…
zewill is offline   Reply With Quote
Old 13 July 2021, 12:18 PM   #9
PepsiBezel
2024 Pledge Member
 
PepsiBezel's Avatar
 
Join Date: Jul 2017
Location: USA
Watch: Neo-Vintage
Posts: 1,180
I was surprised by the article… I didn’t know they still printed newspapers.
PepsiBezel is offline   Reply With Quote
Old 13 July 2021, 01:25 PM   #10
daOnlyBG
"TRF" Member
 
Join Date: Jun 2017
Location: Odorious Onion
Watch: yes, it's hipster
Posts: 1,587
"Can't be bought in big numbers" sounds like there's a chance.
__________________
Here come dat boi Jerry
daOnlyBG is offline   Reply With Quote
Old 13 July 2021, 02:39 PM   #11
Bizcut1
2024 Pledge Member
 
Bizcut1's Avatar
 
Join Date: Jun 2014
Real Name: Ben
Location: Valley of the Sun
Watch: 126331 126610 3861
Posts: 3,235
Thanks for posting.
Bizcut1 is offline   Reply With Quote
Old 13 July 2021, 02:47 PM   #12
rolexonlywatch
Banned
 
Join Date: Aug 2020
Real Name: Ray
Location: US
Watch: DJ2 41mm Winbledon
Posts: 146
Thanks to stimulus checks, EDD and bitcoin!


Sent from my iPhone using Tapatalk
rolexonlywatch is offline   Reply With Quote
Old 13 July 2021, 02:53 PM   #13
TswaneNguni
"TRF" Member
 
TswaneNguni's Avatar
 
Join Date: Feb 2008
Real Name: Chris
Location: .
Watch: Daytonas/Subs/GMTs
Posts: 12,609
Yes,but isnt Rolex holding back stock ??

Privately owned beats shareholders in the luxury market .Or what do I say Richemont ? Mass production of similar looking leads to destruction of brands .Shareholders : Make more !! Make more !! ....boom !! Deceased
TswaneNguni is offline   Reply With Quote
Old 13 July 2021, 03:00 PM   #14
BumbleB
"TRF" Member
 
BumbleB's Avatar
 
Join Date: Apr 2019
Location: ASEAN/DC/EU
Watch: ing you
Posts: 2,732
Quote:
Originally Posted by seabreeze60 View Post

There’s a direct correlation between being privately owned and being financially stable and successful in the longterm.

Once the financial markets start to mess with stock, the long-term strategies and solid values are out the door.


Sent from my iPhone using Tapatalk
__________________
♛ Milgauss 116400GV ♛ Deepsea D-Blue 116660 ♛ Submariner 114060 ♛ Submariner 116613LN ♛ Exp. II black 216570 ♛ Exp. II white 226570 ♛ Sky Dweller white 326933 ♛ Sky Dweller Blue 326934 ♛ GMT II 116710 black ♛ GMT II 126710BLRO ♛ GMT II 126711CHNR ♛ GMT II 126710BLNR ♛ Daytona 116509 ♛ DD40 228238 H HUBLOT BIG BANG e ceramic C CHANEL J12 3125 AP 3120 MVT
BumbleB is offline   Reply With Quote
Old 13 July 2021, 03:16 PM   #15
WatchtraderNY
2024 Pledge Member
 
WatchtraderNY's Avatar
 
Join Date: Jun 2021
Location: New York
Watch: Rolex
Posts: 338
Good read


Sent from my iPhone using Tapatalk
WatchtraderNY is offline   Reply With Quote
Old 13 July 2021, 03:30 PM   #16
nyc10ken
Banned
 
Join Date: Apr 2012
Posts: 296
That was kind of cool, when was the last time any of us under 40 read an actual physical newspaper?
nyc10ken is offline   Reply With Quote
Old 14 July 2021, 12:14 AM   #17
Boaters
2024 Pledge Member
 
Join Date: May 2015
Real Name: Mike
Location: Pacific Northwest
Watch: 116610LV 16710 SD
Posts: 10,650
Sounds about right...Thanks
Boaters is offline   Reply With Quote
Old 14 July 2021, 12:19 AM   #18
101031-28
"TRF" Member
 
101031-28's Avatar
 
Join Date: Jul 2009
Location: USA
Watch: 1665
Posts: 4,759
Quote:
Originally Posted by Stud Screw View Post
"A Rolex Pepsi watch"
My thoughts as well... What happened to "Rolex GMT-Master with Red/blue insert"? SMH
__________________
He could not just wear a watch. It had to be a Rolex.

Ian Fleming
101031-28 is offline   Reply With Quote
Old 14 July 2021, 12:20 AM   #19
padi56
"TRF" Life Patron
 
padi56's Avatar
 
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 52,634
Rolex watches today are to many just ££££$$$€€€ objects,once they were saved up for many years to buy, and back then to wear and enjoy daily on the wrist.
__________________

ICom Pro3

All posts are my own opinion and my opinion only.

"The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever."
Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again.

www.mc0yad.club

Second in command CEO and left handed watch winder
padi56 is online now   Reply With Quote
Old 14 July 2021, 12:47 AM   #20
macrowatch
"TRF" Member
 
Join Date: Aug 2018
Location: HK
Posts: 4,366
It's feast or famine out there for luxury brands. Just look at the dominance of Hermes and LVMH vs the rest of the market.
macrowatch is offline   Reply With Quote
Old 14 July 2021, 01:33 AM   #21
samson66
2024 Pledge Member
 
samson66's Avatar
 
Join Date: Jul 2013
Real Name: Mike
Location: Eastern Shore, MD
Watch: my money leaving!
Posts: 13,231
Quote:
Originally Posted by Stud Screw View Post
"A Rolex Pepsi watch"
I cringed when I read this. Ugghhh is it that hard for a highly respected newspaper to actually give the proper name of that reference.
samson66 is offline   Reply With Quote
Old 14 July 2021, 01:53 AM   #22
Overwound
"TRF" Member
 
Overwound's Avatar
 
Join Date: Feb 2016
Location: US
Posts: 422
Quote:
Originally Posted by Stud Screw View Post
"A Rolex Pepsi watch"
I don't mind the nicknames on forums or speaking with enthusiasts but it truly looks and reads very silly in print.
Overwound is offline   Reply With Quote
Old 14 July 2021, 01:58 AM   #23
csaltphoto
"TRF" Member
 
csaltphoto's Avatar
 
Join Date: Jan 2019
Location: US
Watch: sub
Posts: 2,348
Quote:
Originally Posted by BumbleB View Post
There’s a direct correlation between being privately owned and being financially stable and successful in the longterm.

Once the financial markets start to mess with stock, the long-term strategies and solid values are out the door.


Sent from my iPhone using Tapatalk
No doubt. Can you imagine if Rolex were acquired? They would do everything to run up values for a few years pre IPO. Triple output and slash costs. Then the public offering and shareholders wanting even more profits and less costs.
It would turn to crap quickly.
csaltphoto is offline   Reply With Quote
Old 14 July 2021, 02:06 AM   #24
Aquinas
"TRF" Member
 
Join Date: Sep 2020
Location: Germany
Posts: 129
Quote:
Originally Posted by Overwound View Post
I don't mind the nicknames on forums or speaking with enthusiasts but it truly looks and reads very silly in print.
“The Bat-Watch” would have been worse.
Aquinas is offline   Reply With Quote
Old 14 July 2021, 02:08 AM   #25
Mifune
Banned
 
Join Date: Apr 2020
Location: here AND there...
Posts: 2,240
grey market dealers propping up the whole market?
Mifune is offline   Reply With Quote
Old 14 July 2021, 02:22 AM   #26
Chester01
"TRF" Member
 
Join Date: Jun 2018
Location: East Coast
Watch: 16610
Posts: 4,933
Key word being Swiss watches. Apple Watch still outsells them all. It will be interesting as the big 3 continue to become either increasingly difficult to source or too expensive, their relevance and attainability to the masses will decline. Yes, while Rolex and the big 3 may not look to be attainable they will become only relevant to a increasingly shrinking demographic, while slight of hand makes the folks that can afford them “feel” like they are rare birds when they are not. This massive market share while celebrated here in the Rolex forum is not necessarily representative of a healthy market. As padi says they are indeed $$$ but what happens when society finds an new fad.
Chester01 is offline   Reply With Quote
Old 14 July 2021, 02:28 AM   #27
RJRJRJ
"TRF" Member
 
RJRJRJ's Avatar
 
Join Date: Aug 2011
Location: USA
Posts: 3,495
Quote:
Originally Posted by Stud Screw View Post
"A Rolex Pepsi watch"

Yeah, that was weird. The author is also unaware that there is no longer a multi year waiting list for the (discontinued) 5711.
RJRJRJ is offline   Reply With Quote
Old 14 July 2021, 02:35 AM   #28
Steph-paul
"TRF" Member
 
Join Date: May 2012
Location: Northeast
Posts: 443
Thank you for sharing.
Steph-paul is offline   Reply With Quote
Old 14 July 2021, 03:07 AM   #29
77T
2024 ROLEX DATEJUST41 Pledge Member
 
77T's Avatar
 
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 41,215
Rolex is now #1 in total sales. WSJ article from Saturday

That author needs a free TRF membership and a reading assignment.

That is, if she’s going to cover the luxury watch market space.

“…can’t be bought in big numbers”

Switching between public retailer equity price multiples of forward earnings and availability of Nautilus models was mixed up logic.

The headwinds ahead for Swatch, WOS and Richemont have little to do with Rolex, PP, AP, etc availability. It’s more about the grey market turning over a greater volume of pre-owned inventory to meet demand than the current output of new watches.

That’s just an opinion of mine. But I believe less than 2 million new transactions occur in the new sales market space. But perhaps 5x of that globally in pre-owned secondary market space. Those are the sales the ADs are missing by and large.

It’d be better if Rolex entered the space in a CPO market model with ADs paid a split of profits for secure fulfillment. All watches would be validated for authenticity, and vetted for a pure provenance (meaning “not stolen”).


Sent from my iPhone using Tapatalk Pro
__________________


Does anyone really know what time it is?
77T is offline   Reply With Quote
Old 14 July 2021, 03:58 AM   #30
BNA/LION
2024 ROLEX DATEJUST41 Pledge Member
 
BNA/LION's Avatar
 
Join Date: May 2011
Real Name: Larry
Location: San Diego, CA
Watch: ROLEX
Posts: 25,270
Thanks for sharing
__________________

✦ 28238 President DD 18K/YG ✦ 16610LN SS Sub ✦ 16613 18K/SS Serti ✦ 16550 Exp II Non-Rail Cream Dial ✦ Daytona C 116500 ✦ 126710 BLRO GMT-Master II ✦ NEXT-->?
Hole In One! 10/3/19 DMCC 5th hole, par 3, 168 yards w/ 4-Iron.
BNA/LION is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Asset Appeal

My Watch LLC

OCWatches

Tempomat

DavidSW Watches

Wrist Aficionado

Coronet

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.