Quote:
Originally Posted by peterpl
Yep pretty much the same words I'm hearing from all the gray dealers. Market is soft now. Inventory ain't moving and pieces sitting a long long time.
Hong Kong is also down the shitter now. The biggest market for Rolex is in big trouble and turmoil. No-one there is caring about Rolex at the moment. If mainland china troops invade which will happen if the riots get worse well watch market is gone down the drain there.
I'm seeing discounts in HK quite wide spread. zero discounts before.
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I just came back from HK yesterday and prices are still high and only 1 AD offered me 5% discount on a yg blue sub. But i bought from a grey dealer there and a explorer 1 from an AD.
Still no discounts and availability for ss professional models.
Saw tt ym and yg ym2 models only.. greys have a lot of inventory but pieces are not moving cos the majority of sales are from non HK buyers from them and cos of all the protests very few are flying there to buy watches.
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