Rolex Day-Date Showcase in Guam (yes, that Guam)...

[Chewbacca]

well, if you're in Guam...

http://www.kuam.com/story/33821969/r...on-sands-plaza


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[Meme-Dweller]

"And of course the whole industry is driven by the Chinese purchasing watches everywhere, so the Chinese are decreasing their purchase everywhere."

Interesting.

[Cru Jones]

Originally Posted by Meme-Dweller

"And of course the whole industry is driven by the Chinese purchasing watches everywhere, so the Chinese are decreasing their purchase everywhere."

Interesting.

The sentence preceding that one about the overall market is interesting, too:

"There is always ups-and-downs and over the last few years the growth of the watch market was quite uncommon, not really reasonable, so we're coming back to what I would says is a normal growth, a normal industry."

[JnmEaton]

I would be curious to know if Rolex is really affected by the same market forces as GM and Ford, as an example. Is there anywhere you can see if Rolex sales fell off during 2008 economic downturn in the US? OR any other recession-recovery? OR do the Chinese really have THAT much sway? I'm anxious to hear other thoughts on this subject.

[Gaijin]

I was in Japan when their so called "Bubble Economy" burst. An economy that was fueled by unsustainable real estate prices and people borrowing on that real estate to invest in the stock market. Boom! Japan has never recovered.




I see the same fundamentals happening in China. The government is doing its best to prolong the inevitable. When it happens their will be chaos and the last thing that people will be doing is running out to buy the new Day Date 40.

[Mugszy27]

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[theloxmyth]

Originally Posted by mugszy27

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