Rolex pulls ad status from long time nj store

[rolexnyc718]

Originally Posted by GeorgeA7

Hmm, makes me wonder. I remember going to Sidney Thomas years back and met their rolex brand ambassador Joey C. He recently went off on his own (prob last 6 months) and selling rolex independently. Not sure where he was getting his stock from, but timing seems interesting.

Conflict of interest for Joey C. I encountered him as well, wasnt the most pleasant guy.

[jarecki]

So I went on a tour of other Rolex ADs in the state plus talked to some people in the business as I’m on a hunt for a new piece. What I heard is there were rumors they were dealing out back and it finally caught up with them... Probably all made up, and I think Rolex is just cutting stores that are not up to their standards.

[gerry100]

Porsche did the same thing, 10-15 yrs ago.
Fewer stores but better presentation etc.
Our Porsche store looked like a bus station, dealership group lost it to a new group that built a real nice place.

We have two ADs in a Mid Size market, both nice places. We'll see what happens