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Old 26 September 2018, 10:24 AM   #1
GerardoG
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Rolex is 'cooking' something big. Only THEY know what it is

Good afternoon TRF. As final details for a very special private event in Mexico City are taking a LOT of time, and with this, a LOT (ok, let me write this again...a LOT) of reunions; I have met with a very unusual number of brands and authorized dealers.

This morning, something very interesting in the 'big crown' market. After having coffee with a top AD, some comments during the conversation were striking:

- They are having a very hard time with the SS sports models; batmans and hulks are precious prizes replacing daytonas. SS Pepsi: Don't even mention it (ok, no news here)

- Because of this new strategy, general sales for AD's in the country has....INCREASED in double digits. No, they can not sell over retail per Rolex policy; yet, overall sales are UP.

- ALL AD's have been called to a meeting next week @ corporate. Word on the street is that something big is in the green kitchen. But as always, only they know.

...just sharing with my virtual family.

Back to follow up e-mails......
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Old 26 September 2018, 10:27 AM   #2
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Thanks for sharing G — good to hear.

Will be interesting to see what happens but too far distant in the future!!




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Old 26 September 2018, 10:34 AM   #3
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that sounds lie hush hush stuff, and exactly the kind that we like!

Way to keep an Ear out myfriend….
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Old 26 September 2018, 10:36 AM   #4
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Originally Posted by LuminousMaximus View Post
that sounds lie hush hush stuff, and exactly the kind that we like!

Way to keep an Ear out myfriend….
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Old 26 September 2018, 10:35 AM   #5
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Thanks for sharing G — good to hear.

Will be interesting to see what happens but too far distant in the future!!




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Well, I have several meetings scheduled for late next week; hopefully we will know what was the country-wide reunion about
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Old 26 September 2018, 10:36 AM   #6
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Well, I have several meetings scheduled for late next week; hopefully we will know what was the country-wide reunion about



Will be interested to hear my friend!


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Old 26 September 2018, 10:37 AM   #7
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Will be interested to hear my friend!


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Me too!
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Old 26 September 2018, 10:38 AM   #8
stylinleems
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Thank you for the info!!

Hopefully it will be good news
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Old 26 September 2018, 10:40 AM   #9
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Price increase, IMO.

Have they done anything that benefited a WIS since shifting their strategy?
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Old 26 September 2018, 10:48 AM   #10
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Interesting G,

I heard similar comments from a local AD, “business is good and sales have been up for PM models.”
Alas for me SS will remain the chosen metal when it comes to Rolex.


Hoping the Something new will be desirable and available.

Hopefully they have decided to bring lugholes back
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Old 26 September 2018, 10:54 AM   #11
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Quote:
Originally Posted by stylinleems View Post
Thank you for the info!!

Hopefully it will be good news
...only they know...so far
Quote:
Originally Posted by tbonesteak View Post
Price increase, IMO.

Have they done anything that benefited a WIS since shifting their strategy?
Maybe prices but with something else. Usually price increases are informed via letters, not asking all ADs for a meeting. We will see....

Quote:
Originally Posted by subtona View Post
Interesting G,

I heard similar comments from a local AD, “business is good and sales have been up for PM models.”
Alas for me SS will remain the chosen metal when it comes to Rolex.


Hoping the Something new will be desirable and available.

Hopefully they have decided to bring lugholes back
OHHHHH that would be lovely!!!!!!!
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Old 26 September 2018, 05:18 PM   #12
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...only they know...so far

Maybe prices but with something else. Usually price increases are informed via letters, not asking all ADs for a meeting. We will see....


OHHHHH that would be lovely!!!!!!!
When called in for a meeting can only mean one thing.

They've been on "undercover boss".
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Old 26 September 2018, 10:58 AM   #13
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Hopefully a new CEO and a new direction.
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Old 26 September 2018, 10:59 AM   #14
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All ADs are fired.
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Old 26 September 2018, 11:02 AM   #15
007_Omega
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Rolex reward program would be nice. I don’t mind being loyal to the brand but I’m sick of AD nonsense. The one thing I hate about Rolex is no direct access to the company.
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Old 26 September 2018, 11:04 AM   #16
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Rolex HQ will start holding waiting lists for SS models and play it a la Patek with only the right to buy one SS model per name
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Old 26 September 2018, 11:09 AM   #17
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Member since 2005!! Surely you are the wisest member on this forum =)
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Old 26 September 2018, 11:14 AM   #18
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This is really big, big, big news! I'm going out on a limb here and let you all in in on a huge secret. I have no idea what the holy heck is going to happen in rolex world.


Pass this along to only those you trust.
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Old 26 September 2018, 11:28 AM   #19
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Quote:
Originally Posted by frankfrazetta View Post
This is really big, big, big news! I'm going out on a limb here and let you all in in on a huge secret. I have no idea what the holy heck is going to happen in rolex world.


Pass this along to only those you trust.
This about sums up the OP.
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Old 26 September 2018, 11:15 AM   #20
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Hopefully some change in strategy and good news for consumers. Wishful thinking....

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Old 26 September 2018, 11:16 AM   #21
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As everyone else I would like to see an explanation for the shortage and maybe some resolutions.

What about gazing out ADs and shipping directly to the consumer from their website?


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Old 26 September 2018, 11:23 AM   #22
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Due to us tariffs on steel they are going to follow Ford. Ford plans on stopping all passenger cars except the Mustang and will mainly make SUV and pickups. In a similar move, Rolex will stop making all models which currently retail below $25000 usd. Except the new oyster perpetual 29mm which is the sports watch for the 20s.
Edit: this is uninformed sarcasm
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Old 26 September 2018, 11:27 AM   #23
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Typical news.

Which is, as always - - - none.
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Old 26 September 2018, 11:27 AM   #24
oroloi
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Rolex is 'cooking' something big. Only THEY know what it is

They will introduce a Smartwatch
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Old 26 September 2018, 11:31 AM   #25
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Jeez, Supreme is the new Rolex is the new Supreme. At least Rolex is being honest with itself in shedding any last remaining bit of pragmatism and going full-on luxury Veblen good. Yuck.

I always said I never cared how anyone felt about the watch I'm wearing, but that's starting to change for me, because this is getting embarrassing.
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Old 26 September 2018, 11:33 AM   #26
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....out on a limb here, I’ll bet it’s a big group hug from Rolex, informing the AD’s the sky is not falling.
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Old 26 September 2018, 11:48 AM   #27
shaunylw
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....out on a limb here, I’ll bet it’s a big group hug from Rolex, informing the AD’s the sky is not falling.


This seems very feasible. Especially the AD’s with other brands in house.


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Old 26 September 2018, 11:42 AM   #28
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Probably an adjustment in the allotment system for stainless watches. I imagine they'll be on an order process only for now on. Probably also a price increase.

I doubt it's anything to do with direct sales, or increasing production, etc.
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Old 26 September 2018, 11:47 AM   #29
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Let's hope it's not the concept smart watch video going around. I would love to see more Oystersteel production.
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Old 26 September 2018, 11:52 AM   #30
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Such a disappointing post G...! You got us used to food pics and you even threw in “cooking” in the title....
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