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Forum-Dweller · 4 December 2017, 03:44 PM

Apparently, Steve Wynn sold the boutique to Watches of Switzerland as of next week. It's my favorite boutique and I hope service doesn't change. All the other dealers seem snobby, so I always end up buying from Wynn. Thoughts?

myporsche · 4 December 2017, 08:14 PM

I just wanted to echo what a great boutique Wynn is, excellent staff, nice museum and always a great selection.

jets · 4 December 2017, 11:22 PM

Sounds like the way he was running it wasn't making enough money. Why else sell?

Star Ferry · 4 December 2017, 11:59 PM

Quote:

Originally Posted by jets

Sounds like the way he was running it wasn't making enough money. Why else sell?

frankly his expertise is the casino/hotel business.I think it makes sense to not directly manage the retail outlets

It's a means of managing risk. it doesn't imply he wasn't making money in the past

SMD · 5 December 2017, 12:42 AM

Rolex Boutique or Wynn and Company Watches?

Forum-Dweller · 5 December 2017, 01:45 AM

Quote:

Originally Posted by SMD

Rolex Boutique or Wynn and Company Watches?

Rolex, but the one across the hall might be part of the deal too. Warranty card says Wynn & Co if you buy from Rolex

daveo5 · 5 December 2017, 04:19 AM

Hope they keep the current staff and watchmaker. Always top drawer.

jets · 5 December 2017, 02:31 PM

Quote:

Originally Posted by Star Ferry

frankly his expertise is the casino/hotel business.I think it makes sense to not directly manage the retail outlets

It's a means of managing risk. it doesn't imply he wasn't making money in the past

Than why did he decide to manage directly in the first place? There must have been an incentive to do so and the most logical aspect is projected revenue was expected to be higher in that scenario. Either way it doesn't matter he has great problems.

Forum-Dweller · 5 December 2017, 03:08 PM

Quote:

Originally Posted by jets

Than why did he decide to manage directly in the first place? There must have been an incentive to do so and the most logical aspect is projected revenue was expected to be higher in that scenario. Either way it doesn't matter he has great problems.

Well, traffic in general seems to be visually down on the strip since the Mandalay Bay shooting. Gotta please the stockholders somehow.

doboy007 · 5 December 2017, 03:14 PM

Was there just last week.

Star Ferry · 5 December 2017, 03:16 PM

Quote:

Originally Posted by Forum-Dweller

Well, traffic in general seems to be visually down on the strip since the Mandalay Bay shooting. Gotta please the stockholders somehow.

x2. stockholders who want a casino/entertainment resort pure play. if they want luxury retail risk, there are plenty of better stocks they can buy

mistermann · 5 December 2017, 03:16 PM

Not going to lie but the gentleman that helped me this September was quite snobby. All experiences prior were great however.

jets · 5 December 2017, 03:21 PM

Makes sense

4 December 2017, 03:44 PM	#1
Forum-Dweller Banned Join Date: Oct 2017 Location: USA Posts: 215	FYI: Rolex @ Wynn Apparently, Steve Wynn sold the boutique to Watches of Switzerland as of next week. It's my favorite boutique and I hope service doesn't change. All the other dealers seem snobby, so I always end up buying from Wynn. Thoughts?

4 December 2017, 11:22 PM	#3
jets "TRF" Member Join Date: Dec 2008 Real Name: Mario Location: CANADA Posts: 2,483	Sounds like the way he was running it wasn't making enough money. Why else sell? __________________ ♛ DJII 116234 · Submariner 126610LV · Yacht Master 42 226659 ✿ Pelagos 25600TN Ω X-33 Speedmaster Skywalker · 1861 Speedmaster Modsukoshi · SMP 2254.50 · SMP 2230.50 NAC · Seamaster 300 166.0324 · Genève 162.037 Seiko SLA033 Willard · SKX007

5 December 2017, 03:21 PM	#13
jets "TRF" Member Join Date: Dec 2008 Real Name: Mario Location: CANADA Posts: 2,483	Makes sense __________________ ♛ DJII 116234 · Submariner 126610LV · Yacht Master 42 226659 ✿ Pelagos 25600TN Ω X-33 Speedmaster Skywalker · 1861 Speedmaster Modsukoshi · SMP 2254.50 · SMP 2230.50 NAC · Seamaster 300 166.0324 · Genève 162.037 Seiko SLA033 Willard · SKX007

4 December 2017, 08:14 PM	#2
myporsche "TRF" Member Join Date: Oct 2015 Location: LA<>NY Watch: Rolex♠Lange Posts: 2,277	I just wanted to echo what a great boutique Wynn is, excellent staff, nice museum and always a great selection.

5 December 2017, 12:42 AM	#5
SMD "TRF" Member Join Date: Jan 2013 Real Name: SMD Location: LGA/EWR/ORD Watch: AP/PP Posts: 3,701	Rolex Boutique or Wynn and Company Watches?

5 December 2017, 04:19 AM	#7
daveo5 "TRF" Member Join Date: Dec 2016 Location: Las Vegas NV Watch: 14060M COSC Posts: 1,336	Hope they keep the current staff and watchmaker. Always top drawer.

5 December 2017, 03:14 PM	#10
doboy007 "TRF" Member Join Date: Oct 2017 Location: SD, CA Watch: BLNR/LVc/SkyD/ND41 Posts: 2,519	Was there just last week.

5 December 2017, 03:16 PM	#12
mistermann "TRF" Member Join Date: Aug 2015 Real Name: Drew Location: Iowa Watch: 116600 Posts: 496	Not going to lie but the gentleman that helped me this September was quite snobby. All experiences prior were great however.

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