Rolex to cut production Oct 22

[ResidencyEvil]

Originally Posted by Calatrava r

That should be "might be wise".

The period goes inside the quotation mark.

[Mendota]

Originally Posted by TimeAZ

Fake, and laughably bad. Glad the "Federal council" (???) Is so conscientious. Next time I'm in Switzerland I'll be sure to set my calendar to the American format of October 17, 2022 rather than 17 October. Oh and I'm sure they would take a political angle talking about Russia invading Ukraine.

Ha ha, agreed. Rookie mistake. Also, look at the signature. If you notice, it is a PDF image that has been cut and pasted as a layer on top of the doc but the background colors of the two layers are slightly different so you can see the outline of the image box corners. So badly done... they didn't even enlarge the doc and then go in with the eraser tool to remove all of the edges and then hope the reader wouldn't notice the slight coloration differences.

[alphadweller]

French native speaker here.

I don't know if this is a hoax or not. However, I wouldn't dismiss the letter just based on the small mistakes in the first name at the top and the closing at the bottom, these could easily be typos.

Jean- Frédéric vs. Jean-Frédéric
Mailleures vs. Meilleures

If someone's going to fake this, wouldn't he run the French bit by a French person who would easily spot the error, in particular the closing? If the letter is genuine (big If), his secretary would have typed it, she might have been in a rush, thus the mistakes.

In another thread asking what we would do if we were Rolex' CEO, I said: halve the production (and double the prices)... Ha! As for the prices, one could argue that a 10% inflation rate over 7 years will double the prices... Double ha! (see what I did?)

NOT TO BE TAKEN SERIOUSLY.

[superpop]

The capital "E" in the middle of the sentence around timing is also grammatically incorrect. No way a company the size of Rolex does not have a marcom department that crafts letters like this and goes over them with a fine tooth comb before just sending a correspondence like this to their channel, particularly when it is being signed by the leader. This is yet another example of the depths that some morons will go to in a effort to manipulate the market.

[mountainjogger]

Originally Posted by ResidencyEvil

The period goes inside the quotation mark.

Ah, the never ending battle on in or out.

[mountainjogger]

Originally Posted by Calatrava r

That should be "might be wise".

Agree. If you are going to thrown stones. . .

[garyk]

Thread still going…the answer to why someone faked this…

[The Stifmeister]

Originally Posted by Mendota

Ha ha, agreed. Rookie mistake. Also, look at the signature. If you notice, it is a PDF image that has been cut and pasted as a layer on top of the doc but the background colors of the two layers are slightly different so you can see the outline of the image box corners. So badly done... they didn't even enlarge the doc and then go in with the eraser tool to remove all of the edges and then hope the reader wouldn't notice the slight coloration differences.

+1

Not sure why everyone is still questioning the validity. That signature gives it away.

[ResidencyEvil]

Originally Posted by mountainjogger

Ah, the never ending battle on in or out.

Not really a battle.

[Dansim2000]

I am not sure how Rolex plans to save 50% on its energy bills during the winter. First, no matter how cold it is outside, some minimum of energy is required to protect the internal pipes and the delicate machinery. Second, after you turn down the thermostat, it takes extra energy to bring up the heat when the workers start to produce watches inside the factory. Thirdly, Rolex does need to make a certain number of watches to retain its market share and pay fixed costs such as plant, machinery and employee salaries. Rolex is a fantastic brand, but I am not sure if Rolex cutting production by 50% (assuming production is shutdown for 5 months) and causing its grey market premiums to soar into Patek Philippe and Audemars Piguet heights would cause its customers to seek out other brands.

[subdownunder]

1. Rolex NEVER comments on actual production (would flag delays in some models)
2. Rolex NEVER engages in political commentary (would not mention Russia)
3. The Swiss have asked for conservation NOT cuts to production and capacity
4. The letter is full of grammatical errors
5. There is a 'sunk cost' minimum heating requirement to protect delicate systems; so cutting production unnecessary.

Fake letter fake news. Greys must be hurting

Unless Rolex believe a financial armageddon is about to hit that kills demand

[dmash]

Greys are getting SO desperate for a floor in pricing, that they're fabricating fake Rolex letters to try and prop up the market with scare tactics.

This is absolutely hilarious.

[BlondesNwatches]

Rolex wouldn't make a political reference at all. It's Switzerland, they're not going to have any mention of a Russian invasion.

[Baiv]

Obviously not real

[inadeje]

Originally Posted by GradyPhilpott

It's not implausible. Switzerland gets all it's natural gas from Germany and Germany is up Schitz Creek without a paddle, which they'd probably burn for heat, if they had one.

Brilliant analysis, that drew a chuckle

[cryptowalkway]

Originally Posted by padi56

Well today common sense is sadly lacking by many today and many of the newer younger Rolex owners there physical world is what ever so called social media or the likes of YouTube dictates,as many have lost the use of there brains to think for themselves. And rely on the like of YouTube and the likes and believe every thing they read or see there,then repeat it like parrots around the net.

Rolex watches today are nothing more than money and investments mwahahaha

[bondtoys]

Authorized Dealers

Is that truely the official Rolex term for them?

[Giangos]

I’m not sure what it is like in Switzerland, but I’m currently in Germany and I am stunned by how much public spaces are heated.

In shopping malls in particular, the heat is up so high that I can’t stand going in for too long. I have to strip down to my tshirt first. If I go in with a jacket or something similar, I can’t last more than a few minutes before heading outside gasping for fresh air. And it isn’t even cold yet! It is 17 degrees, yet people are dressed like it’s snowing. What are they going to possible wear when it is actually snowing???

I’m baffled by all of this, it doesn’t make sense to me.

And the maid in the hotel keeps turning the heat in my room up to 23. I switch it off and open the window and she does it again. I had to ask her to refrain from doing so.

Germans! Turn the heaters down, you are supposed to feel a little cold approaching winter, this is ridiculous! You don’t need to use gas to heat up your malls so high, send it to industry or store it so that when mad-dog P from the east stops supply, you’ve got some reserves.


Sent from my iPhone using Tapatalk

[Harry-57]

Originally Posted by alphadweller

If someone's going to fake this, wouldn't he run the French bit by a French person who would easily spot the error, in particular the closing? If the letter is genuine (big If), his secretary would have typed it, she might have been in a rush, thus the mistakes.

I think you are expecting way too much from a 12 year old in their bedroom using one hand.

[ogbeans]

Ain’t nobody can prove it’s real or fake

[Gwai]

Originally Posted by Harry-57

I think you are expecting way too much from a 12 year old in their bedroom using one hand.

He he he, right!
Cheers
Marc

[Skabadi]

Fake or real makes sense to me. Cutting supply is a no brainer…

[sinkholeninja]

No.

[dr.ns23]

I just received an email from Watchpro regarding this:
https://www.watchpro.com/exclusive-r...-short-of-gas/

[alphadweller]

Fake.

https://www.watchpro.com/letter-from...letter-a-hoax/

LETTER FROM THE EDITOR: Rolex production cut letter a hoax
By Rob Corder - October 21, 2022 0

A letter from Rolex CEO saying that the company is cutting production this winter due to gas shortages this winter is a hoax, WATCHPRO can reveal.

We ran a story this morning based on being sent the letter, which we have now removed.

Rolex was alerted yesterday that the letter was in circulation and has confirmed to WATCHPRO that is is fake.

WATCHPRO apologises for any confusion.

[dr.ns23]

Originally Posted by alphadweller

Fake.

https://www.watchpro.com/letter-from...letter-a-hoax/

LETTER FROM THE EDITOR: Rolex production cut letter a hoax
By Rob Corder - October 21, 2022 0

A letter from Rolex CEO saying that the company is cutting production this winter due to gas shortages this winter is a hoax, WATCHPRO can reveal.

We ran a story this morning based on being sent the letter, which we have now removed.

Rolex was alerted yesterday that the letter was in circulation and has confirmed to WATCHPRO that is is fake.

WATCHPRO apologises for any confusion.

Was about to post the same thing!

[The Stifmeister]

Originally Posted by alphadweller

Fake.

https://www.watchpro.com/letter-from...letter-a-hoax/

LETTER FROM THE EDITOR: Rolex production cut letter a hoax
By Rob Corder - October 21, 2022 0

A letter from Rolex CEO saying that the company is cutting production this winter due to gas shortages this winter is a hoax, WATCHPRO can reveal.

We ran a story this morning based on being sent the letter, which we have now removed.

Rolex was alerted yesterday that the letter was in circulation and has confirmed to WATCHPRO that is is fake.

WATCHPRO apologises for any confusion.

The fake they ran a story without first verifying its authenticity is baffling.

[Skabadi]

I think rolex are cutting supply irrespective. I usually get offered 3 sports models every year. So far in 2022 nothing…

[HiBoost]

Originally Posted by Skabadi

I think rolex are cutting supply irrespective. I usually get offered 3 sports models every year. So far in 2022 nothing…

This observation goes counter to many other reports. Every AD I've spoken with has already sold more Rolex watches in 10 months of 2022 than they have any other entire 12 month year. If you are getting less offers it is likely because your AD is making the offers to someone else.

[Skabadi]

Well that also depends what Rolexes they are selling. If your selling lady DJs then obviously you’ll be selling bucket loads…