AP Houses/Boutiques & Retailers around the world

[wb55]

Originally Posted by GW44

Will do

Sorry, forgot to add the reason AP House should know.

I was told it’s going to be a joint venture and not a franchise because it’s going to be an AP House, not a shop or concession

[LUDA]

Originally Posted by AEV

Here is info directly from FHB:
https://swisswatches-magazine.com/bl...ry-bennahmias/ - Q3, interview is a bit older from 3 years ago

https://www.youtube.com/watch?v=skRlBWlOPYE&t=2014s - 5 months ago, 33:20, in French but subtitles are available

https://www.youtube.com/watch?v=HHx8fdShDWE&t=674s - 8 months ago, 10:54, in French but subtitles are available

Region wise, Asia and Europe are probably bigger, but per county - USA is number one.
That's also obvious with the number of boutiques / houses, there are zero boutiques in Canada and South America.

Yes, we were comparing different things.

By country USA will be their biggest one, but as market regions will be Asia, then Europe, then America.

It can sound like it's the same, but it's not.

Thanks for the sources, I had watched one of the videos but not the other one yet.

[AEV]

Originally Posted by LUDA

Yes, we were comparing different things.

By country USA will be their biggest one, but as market regions will be Asia, then Europe, then America.

It can sound like it's the same, but it's not.

Thanks for the sources, I had watched one of the videos but not the other one yet.

Sure!
I enjoy watching/reading interviews with FHB.

[wb55]

Originally Posted by GW44

No disrespect, but are you sure about that?

https://www.watchpro.com/audemars-pi...f-switzerland/

[VogelPhoenix]

Originally Posted by wb55

https://www.watchpro.com/audemars-pi...f-switzerland/

Interesting article. Puzzled by this: "Until now, now [sic] authorised dealer has been permitted to open an AP House, but that is about to change with The Watches of Switzerland Group announcing today that it has signed a letter of intent with Audemars Piguet confirming its intention to open an AP House... ".

I thought the NYC AP house is a JV with Material Good?

[APWorldTour]

Originally Posted by VogelPhoenix

Interesting article. Puzzled by this: "Until now, now [sic] authorised dealer has been permitted to open an AP House, but that is about to change with The Watches of Switzerland Group announcing today that it has signed a letter of intent with Audemars Piguet confirming its intention to open an AP House... ".

I thought the NYC AP house is a JV with Material Good?

It is

[gm58]

HK down to 4 now with the closing of the central building store

[VogelPhoenix]

Originally Posted by gm58

HK down to 4 now with the closing of the central building store

Still 4 more than all of Canada


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[macrowatch]

Originally Posted by gm58

HK down to 4 now with the closing of the central building store

That’s why it’s so busy everywhere!! Walked past they IFC one the other day and they were packed. Busy busy busy. Saw lots of codes and some divers on the tables in front of clients.

Originally Posted by VogelPhoenix

Still 4 more than all of Canada


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Well let’s be honest, HK market probably IS 4x bigger than Canadian market for watches. Plus these days Kowloon feels like a different country than HK/Central side. Lol. I do remember an exec saying during Art Basel they decided to prioritize opening Aspen store and putting Canada on pause.