Is demand real?

[dmash]

Originally Posted by Fleetlord

Panerai made a lot of mistakes.

Principal among them was RAISING prices AND producing MORE watches.

So, put more watches on the market at higher costs = Toxic

Resale values dropped, consumers lost interest as there were too many to choose from causing the allure to fade. Then dealers were stuck with unsold watches and they got dumped on the the grey market at nasty discounts just to get rid of them, which in turn makes them look even more undesirable as the HIGH retail compares with the LOW grey market offering prices and the brand looks like total #%^^.

Consumers HATE that, so they don't buy them any more.

Rolex demand is so high that I think they might end up putting some brands out of business.

That and they did the same thing Omega does (which for the life of me I don’t understand) by putting out multiple ‘limited edition’ models. It’s does nothing but cheapen a brand, don’t get it.