A rumor on next year's US supply

[azguy]

The Asian markets will be more important to Rolex, and all luxury Swiss watch makers, over at least the next 5 years....It would be almost silly if they did not throttle down US imports and use that supply in BRIC countries with faster growing economies and new high-end consumers.

The U.S. is "losing" middle and upper middle class people as quick as other countries are adding them. By "losing", I mean sliding into poverty from what was once a good life...anyone that doesn't believe this is kidding themselves...

[ingoodtime]

Originally Posted by Tools

It would not be a very good business decision to reduce imports into the largest market...

It would make much more sense to simply increase production and import to the emerging market..

If you reduce from one market to import to another, your net output increase is zero..

Good point Larry.

[Pete00]

Originally Posted by JAGERVEGAS

Think you got that wrong

Perhaps it's:

Those who speak do not know, and THOSE WHO KNOW DO NOT SPEAK.


Haven't heard it before, but this way it makes sense...

[McLovin]

Originally Posted by Pete00

Perhaps it's:

Those who speak do not know, and THOSE WHO KNOW DO NOT SPEAK.


Haven't heard it before, but this way it makes sense...

The Dao that is spoken is not the true Dao.

[z32turbo]

Seems like the Asian market has the biggest potential for % growth but I agree with Larry that the US offers the largest market for total sales.

[Tools]

Originally Posted by z32turbo

Seems like the Asian market has the biggest potential for % growth but I agree with Larry that the US offers the largest market for total sales.

Most are still equating total swiss watch sales, led by Swatch's huge market share, with Rolex, who is a relatively small player by comparison.. The charts all break Rolex out and only compare it to Omega there.. Both together accounting for a small percenetage of total swiss watch sales..

The USA is still Rolex largest customer by far.. although I will agree that Asia is a fast emerging market and the USA won't hold up too long if the economy continues to stagnate.

[mrbill2mrbill2]

Originally Posted by Matrim604

Not sure if the rumour has any truth to it, but it's true North America makes up a fairly small portion of Swiss watch sales. The US is still the second largest single market though, I can't see the Swiss watch industry purposefully doing anything to hurt it. Although looks like the US will probably drop to 3rd place by next year.

Here is an article from June's Watch Time Magazine:

Good read. But, that is all Swiss watches - I'm sure a lot of Swatch and Omega.

I would like to see a Rolex break down. With Rolex's secretive practices I doubt we ever will.

I think the US is still a major factor regarding Rolex.

[patek.wis]

Originally Posted by Tools

Most are still equating total swiss watch sales, led by Swatch's huge market share, with Rolex, who is a relatively small player by comparison.. The charts all break Rolex out and only compare it to Omega there.. Both together accounting for a small percenetage of total swiss watch sales..

The USA is still Rolex largest customer by far.. although I will agree that Asia is a fast emerging market and the USA won't hold up too long if the economy continues to stagnate.

I would like to see a recent finding supporting your claim. If the past decade has taught us anything, it is that 2 years is too long of a gap to go unaccounted for. The USA economy melted down in a timeframe similar to that ;)

A lot of luxury manufacturers are distributing a larger portion of their product to the east and less to the USA. This is fact. However, we can agree to disagree ;)

[hotshot888]

Hong Kong probably has the most Rolex AD density especially in Causeway Bay where you see two to three dealers within one block of 100m. Only the most "bling" Rolex sell well to the Chinese mainlanders as they favor AP, PP, VC in that category. Omega sells the most in China since they have been and pushed that market longer.