Financial Times Article

[JSolution]

Originally Posted by amh

Cliff notes:
- Guy wants to buy an OP for his wife
- ADs have nothing in stock! (Has anyone heard about this? )
- Then there's an unrelated story of some backdoor sales...
- Guy buys a used Airking with no B & P
- Watch is broken when wife opens the package!
- Watch gets fixed, wife likes it anyway

[77T]

Originally Posted by Hulkhunter

The article was clearly written by a newbie who had little to no knowledge of the Rolex/luxury market.

Yes - prolly 98% of FT readers had little or no knowledge before reading it either.

I believe that’s the reason it ran - to better illuminate the present situation and forewarn unsuspecting buyers.

Wish it had an upbeat finalé - one where he explains the trusted TRF boutiques.

Anyone know that author?

Maybe turn him on to “the rest of the story” including links to the boutiques.


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[bluestreak]

I could have written this article. And I am not a journalist in any way. It's nothing that anyone here doesn't already know. In fact. I think he just repeats some of the things he read on watch forums and blogs.

[shaunylw]

The smartest part of the entire article for me was when he mentioned gen z not being interested in Rolex. Likely not an original thought but i agree.

Fairly unoriginal writing, a regurgitation of multiple articles or forum posts as others mentioned. Wait until we get into the 3 year cycle of buyers selling back to ADs with the CPO program. People are going to lose it. They have essentially created a leasing system for watches with a new buyer having no chance of getting anything but pre owned. Smart for business, bad for people wanting Rolex that don’t have an existing buying history.


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