ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
31 July 2022, 06:50 AM | #1 |
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Rolex To Produce 30% More Watches
Interesting article By Airel Adams in ablogtowatch
https://www.ablogtowatch.com/rolex-t...ck-and-zodiac/ Sent from my iPad using Tapatalk Pro |
31 July 2022, 06:53 AM | #2 |
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No sources and an advertisement to listen to a blog.
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31 July 2022, 07:06 AM | #3 |
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If true, good.
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31 July 2022, 07:10 AM | #4 |
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31 July 2022, 07:15 AM | #5 |
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Stop the madness. This guy is a full blown social media talker about watches and that’s all. Please don’t confuse entertainment with facts.
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31 July 2022, 07:23 AM | #6 |
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It's not interesting without real information attributed to specific sources. But my AD said...
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31 July 2022, 07:37 AM | #7 |
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Bleh clickbait, move along.
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31 July 2022, 07:41 AM | #8 |
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Even if Rolex increases their production, they continue to remove AD's. Which means that as a client we have fewer outlets to purchase at retail. So it forces us to get in line and have spend history.
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Rolex 116334 126600 228235 |
2 August 2022, 05:01 AM | #9 |
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If true, I hope it will make a difference for the casual Rolex buyer, but I suspect it won't. Dreaming is free though.
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2 August 2022, 05:05 AM | #10 |
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I didn't waste my click on that. With all the headwinds in the world today no industry is producing 30% more than they were recently.
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2 August 2022, 05:53 AM | #11 |
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Based on the size of the factory I would imagine it’s 30% over next year and maybe as high as 70% over 5 years.
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2 August 2022, 06:20 AM | #12 |
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2 August 2022, 06:55 AM | #13 |
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There was recent thread that Rolex production is already at the maximum. How can they add 30% with existing facilities?
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2 August 2022, 07:01 AM | #14 |
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If you look at the latest Morgan Stanley watch business report, Rolex increased production from 810,000 to 1,050,000 last year. A lot of that was post-COVID and other manufacturers increased too (e.g. Patek 53,000 to 68,000; ALS 3,800 to 5,000). I'd imagine their stated 30% increase includes that factored in - then it's about right.
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2 August 2022, 07:14 AM | #15 | |
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Quote:
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2 August 2022, 07:37 AM | #16 |
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With prices softening and (supposedly) output increasing, this should mean more watches in AD display cases. Many gray market sharks will be less likely to buy up every Rolex they can find.
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2 August 2022, 07:42 AM | #17 |
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Will it mean 30% more watches at the AD? No - it will mean even more inventory at Greys (in their safes, not in listings)
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2 August 2022, 08:42 AM | #18 | |
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Quote:
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2 August 2022, 09:28 AM | #19 |
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Won’t matter to us. Nothingburger…
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Just another WIS who loves to trade... |
2 August 2022, 10:02 AM | #20 |
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Overall though makes sense right? we've seen pics of the new building getting finalised over there. This combined with reduced "investors" of watches might hopefully mean a return to 2018 conditions? One can only hope...
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2 August 2022, 10:04 AM | #21 |
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I clicked. Ariel Adams is not a youtube talking watch head.
He's one of the few journalists that has been around a long while. |
2 August 2022, 10:23 AM | #22 |
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2 August 2022, 10:29 AM | #23 | |
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Quote:
Of course, this was before the world went Instagram crazy on Rolex bling... My first Hulk was from David SW....$6300 as I recall... |
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2 August 2022, 10:40 AM | #24 |
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30% would be a lot
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2 August 2022, 11:15 AM | #25 |
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I do sir...and I dream for them to return.
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2 August 2022, 07:16 PM | #26 | |
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Quote:
They are also apparently hiring people. This was mentioned in the said pod cast by Ariel Adams. If you click on the official LinkedIn profile of Rolex and click jobs you will notice that they are actively advertising in LinkedIn for people in all fields of the business. Sent from my iPhone using Tapatalk |
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2 August 2022, 07:21 PM | #27 | |
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True ,I have been reading his blogs for the last 6-7 years and I think that he is one of the few respected and responsible journalists. Sent from my iPhone using Tapatalk |
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2 August 2022, 07:30 PM | #28 |
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wishful thinking in any direction is "a thing" these days
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2 August 2022, 07:34 PM | #29 |
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Yep, he's fine. Was on that small Rolex media tour a few years back with James Dowling, Ben Clymer and Jake Ehrlich.
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2 August 2022, 10:43 PM | #30 | |
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Quote:
In the case of Lange, the change from 3800 to 5000 represented a return to normal non-Covid production levels rather than an increase in their usual production. |
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