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9 August 2023, 08:32 AM | #1 |
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Rolex Is Opening Two Massive Showrooms in Los Angeles Next Year
And one of them is receiving a $15 million infusion.
https://robbreport.com/style/watch-c...ea-1234878407/ |
9 August 2023, 08:45 AM | #2 |
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Sounds like a great place for the high end clients to acquire and enjoy their allocation pieces!
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9 August 2023, 08:54 AM | #3 |
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Excellent! Congrats Rolex
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9 August 2023, 08:59 AM | #4 | |
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Quote:
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9 August 2023, 09:16 AM | #5 |
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There are a LOT of Rolex dealers in SoCal. I’ve only been to Gearys locations in Beverly Hills and Santa Monica, Bhindis in Glendale, and the Tourneau in South Coast. Might have to branch out when these new places open.
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9 August 2023, 09:32 AM | #6 | |
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Rolex Is Opening Two Massive Showrooms in Los Angeles Next Year
Quote:
Kind of misleading article headline, it's not exactly Rolex but two differnt ADs opening these new boutiques. Gearys is one of them this article refers to. Thier new ultra-boutique will be on Rodeo just a couple doors down from their current locatoin. The other is Hing Wa Lee who is opening a new large boutique in Larchmont Village - which blows my mind. Larchmont is a very quiet, family neighborhood. VERY affluent area but still seems like an odd placement. There aren't any other high-end shops on Larchmont. |
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9 August 2023, 12:26 PM | #7 | |
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Quote:
I’m sure they’re all still moving lots of watches. A few years back I heard from a pretty reliable source that the Santa Monica Boutique was the 2nd highest volume store in the US right behind the NY 5th Ave. Kind of surprised they sold more than BH but perhaps SM’s more discreet location might appeal more to celebrities. Even I was ushered into a private room to view some PM pieces. |
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10 August 2023, 12:32 AM | #8 |
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10 August 2023, 01:42 AM | #9 | |
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Yet there are only two AD's in all of San Diego.
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10 August 2023, 01:58 AM | #10 |
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Great! Two more places where one can join the mythical waiting list!
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10 August 2023, 02:16 AM | #11 |
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10 August 2023, 02:22 AM | #12 |
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10 August 2023, 03:51 AM | #13 |
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9 August 2023, 09:28 AM | #14 |
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Thanks for sharing, i cant wait to explore.
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9 August 2023, 12:32 PM | #15 |
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This a planned way of getting rid of the mom and pop AD’s.
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9 August 2023, 12:44 PM | #16 |
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9 August 2023, 01:33 PM | #17 | |
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Rolex Is Opening Two Massive Showrooms in Los Angeles Next Year
Quote:
Correct. Gearys is family-owned and has been in LA since at least the 1930s. And Hing Wa Lee is famously owned by David Lee. Their current store is in a very heavy Chinese American neighborhood. This new one is in a very different part of LA. Night and day difference. Sent from my iPhone using Tapatalk |
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10 August 2023, 12:26 AM | #18 |
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Besides the original Geary’s store on Beverly Drive (their main store) and their ROLEX and Patek boutiques on Rodeo, they also have a boutique 5 to 10 minutes away in the Century City shopping mall
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10 August 2023, 02:25 AM | #19 |
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Sweet! More Rolex CPO warehouses!
I cannot wait to look through the shelves of pre-owned watches being sold for 3 times their MSRP. |
10 August 2023, 05:57 AM | #20 |
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A strategic move I'm sure.
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10 August 2023, 07:07 AM | #21 |
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Has anyone ever been to a store's initial opening? They must have inventory available?
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10 August 2023, 08:20 AM | #22 |
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Gearys is a first class operation, great longtime family ownership and managers. Happy to have them as my home boutique. Looking forward to the new boutique on Rodeo Drive.
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10 August 2023, 08:53 AM | #23 |
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7000 square feet dedicated to Rolex at Geary's. That's a lot of empty display cases.
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10 August 2023, 09:05 AM | #24 |
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So another store with empty display cases ?
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10 August 2023, 11:27 AM | #25 |
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