Which AD's in the UK are losing their Status?

[Unwind_Asia]

One of my firsts post here so bear with me.

Obviously, it is common knowledge that Patek is cutting 30% of AD's around the world.

There are currently 37 AD's in the UK which is probably far too many.

I am guessing at least ten will "get the chop" by the end of 2023.

I have just learnt that 3 out 4 Watches of Switzerland are to go.

(Knightsbridge, Manchester and Mappin & Webb - Regent St)

With only the "Superstore" on Regent St left.

My predictions:

At least one or more Boodles (hopefully Sloane St and Royal Exchange as the customer service is shocking. They are also known for trying to sell you their jewelry.

One or two of the Berry's.

One in Scotland - maybe Jamieson & Carry.

Maybe Leonard Dews due to the location? Blackpool.

One Rudells. Don't think you need one Wolverhampton and Birmingham.

Laings in Cardiff.

Although Patek do like family businesses.

Any one any other educated guess?

[jamestucker]

Originally Posted by Unwind_Asia

One of my firsts post here so bear with me.

Obviously, it is common knowledge that Patek is cutting 30% of AD's around the world.

There are currently 37 AD's in the UK which is probably far too many.

I am guessing at least ten will "get the chop" by the end of 2023.

I have just learnt that 3 out 4 Watches of Switzerland are to go.

(Knightsbridge, Manchester and Mappin & Webb - Regent St)

With only the "Superstore" on Regent St left.

My predictions:

At least one or more Boodles (hopefully Sloane St and Royal Exchange as the customer service is shocking. They are also known for trying to sell you their jewelry.

One or two of the Berry's.

One in Scotland - maybe Jamieson & Carry.

Maybe Leonard Dews due to the location? Blackpool.

One Rudells. Don't think you need one Wolverhampton and Birmingham.

Laings in Cardiff.

Although Patek do like family businesses.

Any one any other educated guess?

How do you know that Manchester and Knightsbridge WOS stores are loosing the Patek dealership?

There are 10 Patek ADs within a 75 mile radius of Manchester so a few will loose their dealership.

You are right certainly they don't need one Rudell store in Birmingham and another one in Wolverhampton

Berry's in Victoria Quarter may loose the dealership as well. They have the flagship store in Albion street.

What made you think Laings in Cardiff loosing the dealership? That is the only AD in Cardiff and it is a relatively new Patek AD

[jon_jon]

I always thought London had too many Patek ADs (compared to a city like NYC which has very few). I always enjoyed visiting WoS and Boodles in London and I hope they keep most of their Patek ADs.

Boodles is an interesting Patek AD as they only sell Patek watches and jewelry and no other watch brand. Great people working there without being too pushy on the jewelry sell.

[Calatrava r]

Hopefully, none will lose status. Each AD has loyal customers who they have a warm relationship with and are avid fans of the brand. Unfortunately, that is not too transferable these days within a reasonable timeframe.

[bestkepttime]

Originally Posted by Unwind_Asia

One of my firsts post here so bear with me.

Obviously, it is common knowledge that Patek is cutting 30% of AD's around the world.

There are currently 37 AD's in the UK which is probably far too many.

I am guessing at least ten will "get the chop" by the end of 2023.

I have just learnt that 3 out 4 Watches of Switzerland are to go.

(Knightsbridge, Manchester and Mappin & Webb - Regent St)

With only the "Superstore" on Regent St left.

My predictions:

At least one or more Boodles (hopefully Sloane St and Royal Exchange as the customer service is shocking. They are also known for trying to sell you their jewelry.

One or two of the Berry's.

One in Scotland - maybe Jamieson & Carry.

Maybe Leonard Dews due to the location? Blackpool.

One Rudells. Don't think you need one Wolverhampton and Birmingham.

Laings in Cardiff.

Although Patek do like family businesses.

Any one any other educated guess?

My UK ad has said they will be getting a bigger allocation due to multiple stores status being taken this year. but who knows what's true

[Mini2]

Mappin and Webb according to watch pro is going out of Bond Street and turning into a Tudor boutique so M&W has definitely lost Patek

[Unwind_Asia]

Originally Posted by Mini2

Mappin and Webb according to watch pro is going out of Bond Street and turning into a Tudor boutique so M&W has definitely lost Patek

That M&W is at the end of Bond St/Piccadilly. It hasn't sold Patek for a few years.

132 Regent St is the one that is going.


RAZZ

[Unwind_Asia]

Originally Posted by jamestucker

How do you know that Manchester and Knightsbridge WOS stores are loosing the Patek dealership?

There are 10 Patek ADs within a 75 mile radius of Manchester so a few will loose their dealership.

You are right certainly they don't need one Rudell store in Birmingham and another one in Wolverhampton

Berry's in Victoria Quarter may loose the dealership as well. They have the flagship store in Albion street.

What made you think Laings in Cardiff loosing the dealership? That is the only AD in Cardiff and it is a relatively new Patek AD

Firstly, I was told by a former WoS member of staff and it has been confirmed by a current Manager at WoS (I have a Patek spend there).

The other points are just "guesses".

Berry's have spent a lot of money in Leeds. Their Windsor store is pretty poor.

Boodles - I have had several bad experiences in their boutiques and I hope they get what they deserve. I went to the Patek Salon in Bond St and even the SA there said they were known for pushing their jewelry and poor customer service.

Patek like family businesses - so the "one off" stores might well be safe - especially Pragnells.

[Unwind_Asia]

Originally Posted by bestkepttime

My UK ad has said they will be getting a bigger allocation due to multiple stores status being taken this year. but who knows what's true

That is correct.

I'm not sure what will happen with WoS or other "Groups" who lose stores.

Eg. if WoS will still get the same allocation as if they had three boutiques but just sell them through the one store?

[Ubiquitous1984]

I can’t believe it … my AD is on this closure list!

I’ll never be able to compete with the London collectors!

[Mini2]

Originally Posted by Mini2

Mappin and Webb according to watch pro is going out of Bond Street and turning into a Tudor boutique so M&W has definitely lost Patek

Whoops got my geography wrong

[chunkythebulldog]

Originally Posted by bestkepttime

My UK ad has said they will be getting a bigger allocation due to multiple stores status being taken this year. but who knows what's true

That’s incorrect. The additional allocation is going to the salon.

[grahammackay86]

I really hope Jamieson & Carry don’t lose their status, such a great store!

[scurfa]

Originally Posted by grahammackay86

I really hope Jamieson & Carry don’t lose their status, such a great store!

I would not expect them to go they must cover a huge area, lots of Patek owners in Aberdeen and the surrounding areas.


Sent from my iPhone using Tapatalk

[Unwind_Asia]

Originally Posted by scurfa

I would not expect them to go they must cover a huge area, lots of Patek owners in Aberdeen and the surrounding areas.


Sent from my iPhone using Tapatalk

Yes, this is just conjecture.

I heard this a couple of years ago and nothing happened.

I can definitely see a few Boodles going and maybe a Berry's.

[jsw7]

Originally Posted by Unwind_Asia

One of my firsts post here so bear with me.

Obviously, it is common knowledge that Patek is cutting 30% of AD's around the world.

There are currently 37 AD's in the UK which is probably far too many.

I am guessing at least ten will "get the chop" by the end of 2023.

I have just learnt that 3 out 4 Watches of Switzerland are to go.

(Knightsbridge, Manchester and Mappin & Webb - Regent St)

With only the "Superstore" on Regent St left.

My predictions:

At least one or more Boodles (hopefully Sloane St and Royal Exchange as the customer service is shocking. They are also known for trying to sell you their jewelry.

One or two of the Berry's.

One in Scotland - maybe Jamieson & Carry.

Maybe Leonard Dews due to the location? Blackpool.

One Rudells. Don't think you need one Wolverhampton and Birmingham.

Laings in Cardiff.

Although Patek do like family businesses.

Any one any other educated guess?

Leonard Dews are my AD and have told me they’ve lost their status 😞😞.
Might have to go grey for what I want know based on reaching out to the London saloon!

[Unwind_Asia]

Originally Posted by jsw7

Leonard Dews are my AD and have told me they’ve lost their status 😞😞.
Might have to go grey for what I want know based on reaching out to the London saloon!

I've visited the Salon 4 times in the last 7 months...still yet to be offered anything

However, on my last visit the SA did say things will loosen up from around June onwards...I am trying for a reference that is in the 6 figures so hopefully sooner rather than later

[Russell996]

Originally Posted by chunkythebulldog

That’s incorrect. The additional allocation is going to the salon.

Not my understanding.

[chunkythebulldog]

Originally Posted by Russell996

Not my understanding.

Well that’s what I was told when I had lunch with 2 top execs at PP6 last week

IMG_3181.jpeg

[Whodinkedme]

There is only one Patek AD in Birmingham, which is England's vice capital city. I find it hard to believe Rudell Birmingham would therefore lose their Patek agency, though I understand the argument that Birmingham and Wolverhampton are close by and both carry Patek.

They are also a much more pleasant AD than nearby Pragnell (Stratford upon Avon) who also fit into the "jewellery-pushing" contingent.

[Unwind_Asia]

Originally Posted by Whodinkedme

There is only one Patek AD in Birmingham, which is England's vice capital city. I find it hard to believe Rudell Birmingham would therefore lose their Patek agency, though I understand the argument that Birmingham and Wolverhampton are close by and both carry Patek.

They are also a much more pleasant AD than nearby Pragnell (Stratford upon Avon) who also fit into the "jewellery-pushing" contingent.

I've been to Pragnells in Stratford-Upon-Avon and even bought my wife a watch there in the past....found the SA's very good...so just shows you

I'm going to the "Patek roadshow" event there next week.

Let's see how things are with regards to "availability". According to a SA at the Salon new 2023 references are coming through quicker than core pieces?

[Unwind_Asia]

Originally Posted by Whodinkedme

There is only one Patek AD in Birmingham, which is England's vice capital city. I find it hard to believe Rudell Birmingham would therefore lose their Patek agency, though I understand the argument that Birmingham and Wolverhampton are close by and both carry Patek.

They are also a much more pleasant AD than nearby Pragnell (Stratford upon Avon) who also fit into the "jewellery-pushing" contingent.

I think that might mean something else!

[jamestucker]

Originally Posted by jsw7

Leonard Dews are my AD and have told me they’ve lost their status 😞😞.
Might have to go grey for what I want know based on reaching out to the London saloon!

Sad to hear that, they used to be very good but started the bundling practice around 2020 like many other ADs.

[JC180]

My local AD is set to lose its status but the group are set to run the AP House here which is good news as I have no access to AP currently.

I wonder if PP care about their customer relationships with existing ADs and encourage others to work with them on an ongoing basis or it's just tough luck move on at your own risk etc.

I've bought multiple PP (7) and have visited the factory and known to the UK directors, particularly now that prices are dropping and demand is falling off, you would feel they would need to keep their best customers close?

[jamestucker]

Originally Posted by JC180

My local AD is set to lose its status but the group are set to run the AP House here which is good news as I have no access to AP currently.

I wonder if PP care about their customer relationships with existing ADs and encourage others to work with them on an ongoing basis or it's just tough luck move on at your own risk etc.

I've bought multiple PP (7) and have visited the factory and known to the UK directors, particularly now that prices are dropping and demand is falling off, you would feel they would need to keep their best customers close?

Which AD is it?

[JC180]

WoS Manchester

[Unwind_Asia]

Originally Posted by JC180

WoS Manchester

You're saying a new AP is opening in Manchester run by WoS?

Find that hard to believe as AP is Boutique only - WoS only sell AP in Broadgate Circle.

[Rickkk]

Originally Posted by Unwind_Asia

You're saying a new AP is opening in Manchester run by WoS?

Find that hard to believe as AP is Boutique only - WoS only sell AP in Broadgate Circle.

AP left broadgate last year. You’re way behind….

[JC180]

https://www.watchpro.com/audemars-pi...f-switzerland/

[Unwind_Asia]

Originally Posted by Rickkk

AP left broadgate last year. You’re way behind….

Yes, I've been out of the country!