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Art 1 · 29 May 2012, 09:56 AM

According to this months Nat. Geo. magazine they sell 200 watches, per day.

Amazing.

perpetualman88 · 29 May 2012, 09:57 AM

do you have a link of the article online Art?

travisb · 29 May 2012, 10:01 AM

Never would I think that any AD could do that.

sleddog · 29 May 2012, 10:04 AM

I would have to wonder if it was a tally of all watches, from all brands being sold in the store..?
Or, If it's a Rolex Boutique, than that's a roaring trade!!

RX0-Unicorn · 29 May 2012, 10:07 AM

Here is the link:
http://ngm.nationalgeographic.com/20...paterniti-text

caryyee · 29 May 2012, 10:15 AM

200 watches a day?? Even if it was amongst all brands, that's a huge number! If the store is open 10 hrs a day, that's 20 watches an hour, one every 3 mins????

Art 1 · 29 May 2012, 10:23 AM

Quote:

Originally Posted by perpetualman88

do you have a link of the article online Art?

No, I'm old fashioned and subscribe to the actual magazine.

It's in the June issue.

Art 1 · 29 May 2012, 10:27 AM

Quote:

Originally Posted by RX0-Unicorn

Here is the link:
http://ngm.nationalgeographic.com/20...paterniti-text

There it is, thanks.

texex91 · 29 May 2012, 11:30 AM

I find that VERY hard to believe.

Top 1-2 AD's (with single stores) in the US are doing 1000 per year.

You're saying one store in HK sells 73,000 Rolex in year

I'm sure NG got caught up in a nice article...but not reality.

RolexWatcher · 29 May 2012, 11:40 AM

I am not sure if Rolex sells 200 per day but it must be a high number.

At Canton Road in Kowloon, HK, people are literally QUEUING all day to buy stuff in those European brand stores (e.g. LV, Chanel, Gucci, etc).

Some news reporters interviewed some of them and they said they bring around USD15,000 to buy stuff! Crazy...I guess many are from Mainland China and so it is like a holiday purchase.

Need to take a picture for TRF...it's an amazing scene

boost2perfection · 29 May 2012, 11:42 AM

Interesting... i bought my last 2 Rolex in HK ;)

Sig228 · 29 May 2012, 11:47 AM

The quote comes from guy who is an event planner. I doubt if he has actual knowledge of the store's sales.

Art 1 · 29 May 2012, 11:57 AM

Quote:

Originally Posted by texex91

I find that VERY hard to believe.

Top 1-2 AD's (with single stores) in the US are doing 1000 per year.

You're saying one store in HK sells 73,000 Rolex in year

I'm sure NG got caught up in a nice article...but not reality.

The place I know was doing about 4 per day, when times where better. Over 1000 per year.

inspires · 29 May 2012, 11:59 AM

I'm not surprised at all, as with all the Mainland Chinese going to HK to shop for luxury goods. You also have to take into account those that purchase more than one watch per transaction. I was once at one of my AD's and the Mainland Chinese family next to me purchased 8 in one transaction, settling the bill with RMB Cash.

Starwalker · 29 May 2012, 12:00 PM

Quote:

Originally Posted by texex91

I find that VERY hard to believe.

Top 1-2 AD's (with single stores) in the US are doing 1000 per year.

You're saying one store in HK sells 73,000 Rolex in year

I'm sure NG got caught up in a nice article...but not reality.

I dont find it hard to believe at all. Have you been to Hong Kong?

wokafu · 29 May 2012, 12:02 PM

Quote:

Originally Posted by inspires

I'm not surprised at all, as with all the Mainland Chinese going to HK to shop for luxury goods. You also have to take into account those that purchase more than one watch per transaction. I was once at one of my AD's and the Mainland Chinese family next to me purchased 8 in one transaction, settling the bill with RMB Cash.

i agree...my last visit believe it or not i saw one wearing 1 around each corner..rolexes are like mobile phone in hk...but 200 a day is a crazy number nonetheless

xxm · 29 May 2012, 12:04 PM

Yes, it is ture.
I live in HK and HK are always the shopping paradies. The buying power are actually coming from the mainland in the recent year. 200pcs / day / shop should be the high number but its ture.
China are very hot in currency.

Quote:

Originally Posted by RolexWatcher

I am not sure if Rolex sells 200 per day but it must be a high number.

At Canton Road in Kowloon, HK, people are literally QUEUING all day to buy stuff in those European brand stores (e.g. LV, Chanel, Gucci, etc).

Some news reporters interviewed some of them and they said they bring around USD15,000 to buy stuff! Crazy...I guess many are from Mainland China and so it is like a holiday purchase.

Need to take a picture for TRF...it's an amazing scene

Speed · 29 May 2012, 12:08 PM

Wonder what the "Average discount" is on a SS Rolex Sports watch at that AD?

jolimont · 29 May 2012, 12:10 PM

I believe it
There is a lot of loose $$$ in HK from tourists.

texex91 · 29 May 2012, 12:19 PM

Quote:

Originally Posted by Starwalker

I dont find it hard to believe at all. Have you been to Hong Kong?

Many times.

Great place.

Don't know ONE store is selling this many in a day, but hey keep selling.

All is good to me...

caryyee · 29 May 2012, 12:25 PM

No wonder Rolex is putting in more AD's in Asia, it would be an AD's wet dream to be selling 200 Rolex's a day!!!

taskitan · 29 May 2012, 12:29 PM

Quote:

Originally Posted by RolexWatcher

Need to take a picture for TRF...it's an amazing scene

I would be keen to catch a glimpse! Hardly enough people in NZ. Unless you're on Queens street in Auckland. LOL.

Dr. Robert · 29 May 2012, 12:35 PM

Maybe Mike Wood shops there....he has a few Rolex watches???????

Hairdude1 · 29 May 2012, 12:38 PM

That is amazing! Makes you wonder if they are Air-King's or other SS models being sold at that rate or is it maybe a misprint/mis quote??

bondtoys · 29 May 2012, 02:42 PM

Quote:

Originally Posted by Speed

Wonder what the "Average discount" is on a SS Rolex Sports watch at that AD?

Exactly 0.0% !

I have tried twice - no chance!

I have never seen so many Rolex watches at one place like there, the tables are filled with watches-amazing!

I' d say that they sell these 200 watches on peak days and it's amazing, that the lines in front of stores are back.
I have tried to take a pic of the line in front of the Hermes store in april and one guy went off the line to keep me off from doing so.

Guess that he did not want to be seen in the nex spending his cash in HK.
He was the clichees guy with a LV cap dand D&G shirt

MoBe · 29 May 2012, 03:03 PM

Sounds exagerated like most anecdotal stories and now that it`s on the internet it will be repeated by some people as "fact" without any back checking or corroboration whatsoever.

Speed · 29 May 2012, 03:30 PM

Quote:

Originally Posted by bondtoys

Exactly 0.0% !

I have tried twice - no chance!

I have never seen so many Rolex watches at one place like there, the tables are filled with watches-amazing!

I' d say that they sell these 200 watches on peak days and it's amazing, that the lines in front of stores are back.
I have tried to take a pic of the line in front of the Hermes store in april and one guy went off the line to keep me off from doing so.

Guess that he did not want to be seen in the nex spending his cash in HK.
He was the clichees guy with a LV cap dand D&G shirt

Thanks...but I was completely kidding. I am making light of all the Discount threads on TRF.

Chipmunk · 29 May 2012, 03:50 PM

Hong Kong.....my next vacation destination.

EE33 · 29 May 2012, 04:20 PM

200 a day??? That's nothing, our mate David SW puts those numbers to shame.

topgear · 30 May 2012, 01:30 AM

I quote: " “The Rolex store at Times Square sells 200 watches a day, mostly to mainlanders,” declares Francis Cheng, a leading event planner for some top brands in Hong Kong... "

Not all ADs, just the only at Times Sq. It could be true given the buying power from the Mainland Chinese.

29 May 2012, 09:56 AM	#1
Art 1 Banned Join Date: Feb 2008 Location: Florida, Canada Watch: Rol/Seik/Tud/Omega Posts: 30,244	Rolex store in Hong Kong. According to this months Nat. Geo. magazine they sell 200 watches, per day. Amazing.

29 May 2012, 10:01 AM	#3
travisb 2024 SubLV41 Pledge Member Join Date: Aug 2009 Real Name: Travis Location: FL / NYC Watch: Yes.. Posts: 33,493	Wow. That's crazy! Never would I think that any AD could do that.

29 May 2012, 10:04 AM	#4
sleddog TRF Moderator & 2024 SubLV41 Patron Join Date: Jul 2007 Real Name: Rob Location: Nearby. Posts: 24,931	I would have to wonder if it was a tally of all watches, from all brands being sold in the store..? Or, If it's a Rolex Boutique, than that's a roaring trade!! __________________ He who wears a Rolex is always on time, even when late!! TRF's "After Dark" Bar & Nightclub Patron-Founding Member..

29 May 2012, 11:59 AM	#14
inspires "TRF" Member Join Date: Aug 2008 Real Name: Eric Location: Hong Kong Watch: 1665 Posts: 1,495	I'm not surprised at all, as with all the Mainland Chinese going to HK to shop for luxury goods. You also have to take into account those that purchase more than one watch per transaction. I was once at one of my AD's and the Mainland Chinese family next to me purchased 8 in one transaction, settling the bill with RMB Cash. __________________ _____________ All GREEN

29 May 2012, 12:35 PM	#23
Dr. Robert 2024 SubLV41 Pledge Member Join Date: Dec 2009 Real Name: Bob Location: U.S.A. Watch: 1655 Posts: 64,297	Maybe Mike Wood shops there....he has a few Rolex watches??????? __________________ Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

29 May 2012, 09:57 AM	#2
perpetualman88 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Jun 2011 Real Name: David Farkas Location: Los Angeles Watch: 116610, 5712/1A Posts: 8,182	do you have a link of the article online Art?

29 May 2012, 10:07 AM	#5
RX0-Unicorn "TRF" Member Join Date: Jan 2012 Real Name: Jimmy Location: Hong Kong, NYC Posts: 200	Here is the link: http://ngm.nationalgeographic.com/20...paterniti-text

29 May 2012, 10:15 AM	#6
caryyee "TRF" Member Join Date: Mar 2012 Real Name: A Location: Austin, TX Posts: 2,180	200 watches a day?? Even if it was amongst all brands, that's a huge number! If the store is open 10 hrs a day, that's 20 watches an hour, one every 3 mins????

29 May 2012, 11:30 AM	#9
texex91 "TRF" Member Join Date: May 2007 Location: . Posts: 17,898	I find that VERY hard to believe. Top 1-2 AD's (with single stores) in the US are doing 1000 per year. You're saying one store in HK sells 73,000 Rolex in year I'm sure NG got caught up in a nice article...but not reality.

29 May 2012, 11:40 AM	#10
RolexWatcher "TRF" Member Join Date: Jan 2011 Real Name: Vincent Location: LON HKG SYD Posts: 1,236	I am not sure if Rolex sells 200 per day but it must be a high number. At Canton Road in Kowloon, HK, people are literally QUEUING all day to buy stuff in those European brand stores (e.g. LV, Chanel, Gucci, etc). Some news reporters interviewed some of them and they said they bring around USD15,000 to buy stuff! Crazy...I guess many are from Mainland China and so it is like a holiday purchase. Need to take a picture for TRF...it's an amazing scene

29 May 2012, 11:42 AM	#11
boost2perfection "TRF" Member Join Date: May 2012 Real Name: Shelly Location: Planet Earth Watch: 116520 Posts: 1,149	Interesting... i bought my last 2 Rolex in HK ;)

29 May 2012, 11:47 AM	#12
Sig228 Member Join Date: Apr 2012 Real Name: Jim Location: Miami Watch: 14060M Posts: 102	The quote comes from guy who is an event planner. I doubt if he has actual knowledge of the store's sales.

29 May 2012, 12:08 PM	#18
Speed "TRF" Member Join Date: Aug 2009 Location: USA Posts: 19,706	Wonder what the "Average discount" is on a SS Rolex Sports watch at that AD?

29 May 2012, 12:10 PM	#19
jolimont "TRF" Member Join Date: Jan 2012 Real Name: Will Location: land of oz Watch: sundial Posts: 2,219	I believe it There is a lot of loose $$$ in HK from tourists.

29 May 2012, 12:25 PM	#21
caryyee "TRF" Member Join Date: Mar 2012 Real Name: A Location: Austin, TX Posts: 2,180	No wonder Rolex is putting in more AD's in Asia, it would be an AD's wet dream to be selling 200 Rolex's a day!!!

29 May 2012, 12:38 PM	#24
Hairdude1 "TRF" Member Join Date: Apr 2012 Real Name: Alex Location: Chicago Watch: AP,PP, Rolex Posts: 37,156	That is amazing! Makes you wonder if they are Air-King's or other SS models being sold at that rate or is it maybe a misprint/mis quote??

29 May 2012, 03:03 PM	#26
MoBe "TRF" Member Join Date: Sep 2011 Location: Canada Posts: 6,773	Sounds exagerated like most anecdotal stories and now that it`s on the internet it will be repeated by some people as "fact" without any back checking or corroboration whatsoever.

29 May 2012, 03:50 PM	#28
Chipmunk "TRF" Member Join Date: Feb 2010 Real Name: Alvin Location: So Cal Watch: ROLEXES Posts: 5,390	Hong Kong.....my next vacation destination. __________________ "A thing of beauty is a joy forever"............John Keats

29 May 2012, 04:20 PM	#29
EE33 "TRF" Member Join Date: Feb 2010 Real Name: Des Location: China Watch: 16613 16710 116520 Posts: 2,841	200 a day??? That's nothing, our mate David SW puts those numbers to shame. __________________ *TRFs "after Dark" bar and NightClub Addict* Punctuality is the courtesy shown only by Kings Dalip: "GTG posts are worthless without pics, absolutely worthless"

30 May 2012, 01:30 AM	#30
topgear "TRF" Member Join Date: Sep 2011 Location: Middle East Watch: 116710 LN, PAM390 Posts: 887	I quote: " “The Rolex store at Times Square sells 200 watches a day, mostly to mainlanders,” declares Francis Cheng, a leading event planner for some top brands in Hong Kong... " Not all ADs, just the only at Times Sq. It could be true given the buying power from the Mainland Chinese.

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