Swiss Watchmakers strategy for downturn in market...

[subtona]

"Luxury Watchmakers Rethink Affordability to Counter Downturn
BY REUTERS
High-end watchmakers have signalled a shift in strategy with an expanded range of more affordable products to counter the most severe downturn the industry has faced since the 2008-09 financial crisis, executives at a watch fair in Geneva said."


Read the full article here:
http://mobile.nytimes.com/reuters/20...&_r=0&referer=

[GB-man]

To be expected I suppose. Less price increases! Hurray

[malarky_hk]

Richemont brands are looking to cut costs and reconsider hosting the annual Hong Kong watch show.

http://bloom.bg/1ZLRYft

[azguy]

Good news, in all reality, over $5,000 for a stainless steel watch is sort of crazy

[Abdullah71601]

Which references are in Rolex "expanded range of more affordable products"?

[GB-man]

Originally Posted by Abdullah71601

Which references are in Rolex "expanded range of more affordable products"?

The new 39 mm OPs maybe

[Abdullah71601]

Originally Posted by GB-man

The new 39 mm OPs maybe

Are they more affordable than they were before?

[subtona]

Originally Posted by Abdullah71601

Which references are in Rolex "expanded range of more affordable products"?

Tudor (if you will) has made themselves significantly more relevant in the past couple of years and at a friendlier price point than the competition... Dare I say they are a good value

[SemperFi]

Originally Posted by subtona

Tudor (if you will) has made themselves significantly more relevant in the past couple of years and at a friendlier price point than the competition... Dare I say they are a good value

I think right at this moment that Tudor gives you the best bang for the buck.
If not, it's right near the top.