Rolex has reached a new low

[HogwldFLTR]

Originally Posted by NachoNeal

I feel sorry for the salespeople that just sit behind empty show cases.

Empty showcases versus selling everything as soon as it's off the truck. From my understanding the ADs are selling plenty.

Originally Posted by GB-GMT

Isn’t this a watch forum? That you are an admin for?

What a ridiculous statement. People come here to get away from the daily grind and *gasp* talk about watches.

An even more ridiculous statement, expecting members to check their reality at the door, regardless of what role they play on the forum.

[Harry-57]

Originally Posted by HogwldFLTR

Empty showcases versus selling everything as soon as it's off the truck.

This is every salesperson's dream. That and having huge amounts of product to restock and selling it again and again and again, without having to break a sweat.

If the endless supply and endless profit scenario is not possible, anyone in sales will "settle" for selling everything as it arrives without having to actually do any selling at all.

[kieselguhr]

Originally Posted by padi56

Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about that watches.As at the moment the most precious thing we have is life, yet it has absolutely no trade-in value for Rolex or any other brand of watch.

Agreed

Sounds like they are either selling all their inventory or they’re not getting inventory due to shut downs.

[Harry-57]

I don't know what the stock situation is at my AD because the country is locked down and when open (which they are not at the moment) they were letting customers in by appointment only. Frankly, I don't care how many watches my AD has got. My only wish is that all the staff stay safe and well until the situation has eased.

There is still some business going on behind the shutters.

[Oxfordian]

Originally Posted by Harry-57

I don't know what the stock situation is at my AD because the country is locked down and when open (which they are not at the moment) they were letting customers in by appointment only. Frankly, I don't care how many watches my AD has got. My only wish is that all the staff stay safe and well until the situation has eased.

There is still some business going on behind the shutters.

+1 on this, even had the call, one from my Rolex AD and one from Omega, neither watch offered was required.

[Harry-57]

Originally Posted by Oxfordian

+1 on this, even had the call, one from my Rolex AD and one from Omega, neither watch offered was required.

My AD offered me a BLNR out of the vault in June, just after they opened again for limited business. I declined with thanks (and took a TT Sky Dweller). Now that I think about it, I didn't even notice what (if anything) was on display. Possibly not much. But they were doing OK.

[Peter123]

To the OP I live in SG and pretty much has been the case for the past 12 months here. It’s very rare even to find a day date to try (40mm or 36mm) absolutely lowest stock everywhere. And VS other counties I know for instance in the UK if you phone around outside of London you will find at least a couple of full gold sports models. You know at least something interesting. But absolutely nothing here in Singapore. Completely agree with earlier posts... lucky to be thinking about watches during this time. But since we are on the topic of Singapore I thought I’d weigh in...

[Sublovin]

There should be a sticky thread for “I went to an AD and the case was empty”, and everyday hundreds of people can pop in and reply “+1”.

[brandrea]

I haven’t seen to my AD in quite a while due to lock downs here. It wasn’t great before, but I don’t recall seeing things here as bad as you describe.

[jasber]

Originally Posted by elee617

So here in Singapore I visited the two most reputable Rolex ADs, just to stop in and say hello to my SAs. There were no words for what I saw. And by what I saw, I mean NOTHING. I’ve seen pretty sad Rolex ADs in Bangkok, Manila, HK and even Jakarta the past few years, but this was by the far the worst I’d ever seen in any country. Nothing but a few two tone DJs in various sizes and dials and just a few lady DJs. The display cases were practically empty.



Now I get that xmas just passed and perhaps many were bought over the holidays but wow, didn’t expect to see it this bad. My one SA who I’ve been dealing with since 2013 said he’d never seen stock this low. I get that demand is as high as ever and stock might also be as low as ever, but both stores looked extremely sad. And we’re in a pandemic coupled with a global recession. Imagine what it would look like if the economy were thriving.



I suppose it was no better the last time I visited a PP or AP dealer last November. Just pointing out a casual observation about the current state of Rolex on my neck of the woods. Probably just as bad as worldwide.

All stock goes straight to their VIPs. A listed co AD told me to buy other brands to build track records for higher chance. Have been on waiting list for more than 5 years for a sports model even though I have bought one from them more than 15 years ago which I am still keeping it.

[DM101]

Originally Posted by jasber

All stock goes straight to their VIPs. A listed co AD told me to buy other brands to build track records for higher chance. Have been on waiting list for more than 5 years for a sports model even though I have bought one from them more than 15 years ago which I am still keeping it.

Mine ask me to buy jewelries to be in the list for Rolex allocation.

Another need to bundle with TT date justs and ladies to get allocation...

Just Before and After the lockdown period I did get few pieces in SS sports

Maybe it’s time I stop this hobby and nonsense ...

[Platypus]

Even the datejust models are running low.

[illiguy]

They’re at the AD, just not in the display cases. They’re in the back held for VIPs.

[elee617]

Of course there’s more important things to worry about that watches. I have a family that’s most important to me. My point is that life is short, and we learned that from this pandemic. And everyone on this forum I’m assuming loves and shares a passion for watches. It’s just irritating that we can’t enjoy buying, sometimes trading up or down to get what we want and enjoy the process of it. That’s all. It’s not that serious and believe I don’t take it that seriously. It was actually my first time visiting an AD in nearly a year.

[Token74]

Originally Posted by elee617

Of course there’s more important things to worry about that watches. I have a family that’s most important to me. My point is that life is short, and we learned that from this pandemic. And everyone on this forum I’m assuming loves and shares a passion for watches. It’s just irritating that we can’t enjoy buying, sometimes trading up or down to get what we want and enjoy the process of it. That’s all. It’s not that serious and believe I don’t take it that seriously. It was actually my first time visiting an AD in nearly a year.

That’s fair.

I personally am just a bit fatigued by the constant grumbling about supply.

I’ve spoken to my AD, and business is booming for them. Sure, they would like more supply because they could sell more, and who wouldn’t want that. And they do feel bad constantly have to disappoint customers. But their supply hasn’t diminished, their sales have gone up. When they had full cabinets back in the day, it’s because the watches weren’t selling so fast. The empty displays are a good thing for the bottom line!

We should also remember that whilst this forum tends to have a bias to the sports watches, my AD does a roaring trade on ladies non-sports watches, so it isn’t as though they aren’t selling watches.

I guess i feel very privileged to be in a position to have the money to buy a Rolex, and i can’t imagine ever moaning about not being able to get one that i want, as that would make me feel a little entitled, and i know that’s how my friends and family would view me.

And before people shout me down, saying that if these threads frustrate me i should just ignore, you are all absolutely right! But if only it was that easy!!

As for my general comments about entitlement on matters such as these, I’m happy to be shot down on that as well, it’s just a personal perspective. I come from a very modest background, have family members and friends impacted by CoVID, so whilst i do completely understand people saying we’re here to discuss watches (and rightly so), i can’t help but think some perspective is good at times.

Will try harder to control myself in future!


Sent from my iPhone using Tapatalk

[garyk]

No Rolex models in cases at AD, something new?? Still in lockdown here and no idea what the AD has in their cases. Wasn’t well stocked in 2019 so??

[NachoNeal]

I feel sorry for the salespeople that just sit behind empty show cases.

[garyk]

Originally Posted by NachoNeal

I feel sorry for the salespeople that just sit behind empty show cases.

So true. Through no fault of their own, what was a limited supply in the past, has had months of no production, limited international distribution, etc. I guess the SAs have to earn their living with all the readily available brands but in some cases those traditionally available other brands have suffered shortages from the COVID effect also...

[enjoythemusic]

Originally Posted by elee617

So here in Singapore I visited the two most reputable Rolex ADs... Probably just as bad as worldwide.

First off, i LOVE SG! As for shortage, that is to be expected when there is soooo much currency available for free.... plus crypto is doing great. i wouldn't expect SG to get any real inventory they can put out for the general public for at least the next four to six months, perhaps longer... until the central banks allow their massive created bubble to burst. Without a sustained bubble burst, it will get worse because cash is trash right now so buy anything of intrinsic value.

[TswaneNguni]

Originally Posted by elee617

And we’re in a pandemic coupled with a global recession. Imagine what it would look like if the economy were thriving.

Those that buy the yearly production of Rolex,got richer this year .

https://www.ecowatch.com/wealth-gap-...649730178.html

[supernova]

Sounds more like Rolex are at an all time high by the sounds of it.

[sgwatchguy]

OP... it’s not much different than in the last 2-3 years IMO. Only diff is that even solid PM pieces have disappeared from stores. As the SA said to me today, their waiting list is so long it will take years to clear even if they stopped taking names. Only way is to have a RM bump you up said list. Demand is through the roof and I can’t blame the brand.

[EEpro]

Buy one online from a trusted seller and show us some pics. Anyone who can afford a completely and utterly unimportant $10,000 watch can surely pony up $14K for the same thrill.

[VacherObsessive]

So Rolex watches are flying out of the door so fast they cannot make enough and replenish stock.. boohoo for Rolex, so shameful..

[ROLEXster]

Do not pay attention to the AD display cases.

The goodies are in the Vault.
Invitation only.

[kieselguhr]

Lambasting PADI’s comment is kinda unnecessary.

If the discussion was actually about watches and in particular about Rolex watches as opposed to being about the relative unavailability which has been an obvious observation for the past 3 years I would understand.

Typically the guy means well and I don’t see any different here.

[upsidedownbelt]

Originally Posted by kieselguhr

Lambasting PADI’s comment is kinda unnecessary.

If the discussion was actually about watches and in particular about Rolex watches as opposed to being about the relative unavailability which has been an obvious observation for the past 3 years I would understand.

Typically the guy means well and I don’t see any different here.

The guy means well?

Almost every single of of his comments is negative toward the OP of whatever the topic is. I really struggle to see why he wants to be a part of something that he doesn't seem to like. I get most of the posts are not what he thinks they should be about, but it's exhausting to see his negative comments just about every single time he posts.

The OP in this topic is taking about a Rolex related issue. I get it's posted about everyday, but unless you have a person picking what topics to publish that's the name of the internet forum game.

[Kingboo]

Originally Posted by upsidedownbelt

The guy means well?

Almost every single of of his comments is negative toward the OP of whatever the topic is. I really struggle to see why he wants to be a part of something that he doesn't seem to like. I get most of the posts are not what he thinks they should be about, but it's exhausting to see his negative comments just about every single time he posts.

The OP in this topic is taking about a Rolex related issue. I get it's posted about everyday, but unless you have a person picking what topics to publish that's the name of the internet forum game.

Agreed. Especially the part about all his negative comments, and coming from a mod no less. Its not just a negative comment or criticism here and there - its literally every post. Some of which even sound arrogant and put people down. It's gotten to the point when I see his name beside a post I just scroll by without reading.
Whatever.

[seosub]

..or has Rolex reached a new high?

[Fleetlord]

Originally Posted by seosub

..or has Rolex reached a new high?

This..

Not sure what recession the OP is referring to?

Has the pandemic terribly affected parts of the economy? Yes. Certainly

Has it affected those in the market for Rolex? Nope.