ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

GerardoG · 6 February 2018, 06:27 AM

Quote:

Originally Posted by JacksonStone

To be fair, Gerardo, you did say this when starting this thread:

The original information you presented was all-inclusive: all ADs were receiving the letter, and the production cutback would affect all professional-line models. Now, in the face of reports to the contrary you're saying the letter may not be sent to all ADs, which is a contradiction of the information you were provided, assuming you reported it correctly. You can understand why, in light of your first post, someone working for an AD who has not yet received the letter might want to take issue with that part of your reporting.

It also now appears as though you're saying that because ADs aren't receiving all sports models, that's evidence of the claim that production of all models is being cut back. Those are two different things. Am I reading you correctly?

I appreciate you reporting the information you receive, and encourage you to continue to do it.

Good afternoon. Let me clarify (I typed as i was about to board). What was discussed during the meeting mentioned all ADs receiving the letter, yet, a lot of people replied angrily that the letter did not exist and/or thier AD had not received it. On that, I shared what I knew, so going into the 'I said-you said' game will lead nowhere.

Now, one of the ADs sitting with me had just received a shipment from Rolex....Hulk, Batman, SkyDweller, SS Daytona. Even with that shipment, he had received the letter stating production cut back on all professional line products (from SS to PM). So, the fact that he just got a big SS shipment is not proving that the letter is invalid or non existent. I do know, by sitting next to him, he did get both the shipment AND the letter.

I know that with this, here will come another wave of 'I have not received/my AD has not received' that communication....once again, I will share what I know for sure.

Sorry if my answer earlier today could be misleading.

Cheers!

Dirt · 6 February 2018, 06:28 AM

Quote:

Originally Posted by AK797

Would we all be rocket scientists if we moved to Switzerland? Maybe that's why they invented the cuckoo clock over here?

I thought Cuckoo clocks came from Germany with their origin out of the Black forest

OmegaManOnTheMoon · 6 February 2018, 10:05 AM

Quote:

Originally Posted by REALROLEXAD

Still waiting for the letter.
Meanwhile, we received a shipment of SS Professional series watches.
Hate to burst anyone’s bubble here but our firm hasn’t gotten any indication of shortages except in reality.
It’s business as usual for us.

There will not be a letter to ADs from Rolex confirming a cutback production of professional models. It may be a fact that they cut back production ( but I don't think so), but they are not going to put it in writing to the ADs. It's not going to happen like that. They don't announce strategies and tactics like that, and certainly not by letter. If it were publicly traded, that info would be on an earnings call. Have you ever seen such as an AD?

Naples09 · 6 February 2018, 11:43 AM

A few more post to go and someone will win a dinner with Paul. I hope he's buying!

77T · 6 February 2018, 11:46 AM

Well I got a letter from Rolex last week, G...
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RUSA NY RSC got the watch I sent them for full spa treatment.
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Not the letter I hoped to get.....
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Like my waitlisted 116500 had landed at the AD.

Sent from my iPhoneX using Tapatalk

jph4387 · 6 February 2018, 11:47 AM

Quote:

Originally Posted by Naples09

A few more post to go and someone will win a dinner with Paul. I hope he's buying!

I"m your Huckleberry!

Steerpike999 · 6 February 2018, 11:47 AM

Quote:

Originally Posted by Dirt

I thought Cuckoo clocks came from Germany with their origin out of the Black forest

"...and now, a walk in the black Forest."

jph4387 · 6 February 2018, 11:49 AM

999, oh so close

WAK4 · 6 February 2018, 11:50 AM

1000

Can I trade in the dinner for a Bond raffle spot? They seem to be hotter than a white 116500 or blue SS SkyD...

sabuhead · 6 February 2018, 11:52 AM

I love this forum

77T · 6 February 2018, 11:53 AM

Quote:

Originally Posted by WAK4

1000

But I’d rather drive 996...

Sent from my iPhoneX using Tapatalk

stylinleems · 6 February 2018, 11:55 AM

Quote:

Originally Posted by GerardoG

Good afternoon. Let me clarify (I typed as i was about to board). What was discussed during the meeting mentioned all ADs receiving the letter, yet, a lot of people replied angrily that the letter did not exist and/or thier AD had not received it. On that, I shared what I knew, so going into the 'I said-you said' game will lead nowhere.

Now, one of the ADs sitting with me had just received a shipment from Rolex....Hulk, Batman, SkyDweller, SS Daytona. Even with that shipment, he had received the letter stating production cut back on all professional line products (from SS to PM). So, the fact that he just got a big SS shipment is not proving that the letter is invalid or non existent. I do know, by sitting next to him, he did get both the shipment AND the letter.

I know that with this, here will come another wave of 'I have not received/my AD has not received' that communication....once again, I will share what I know for sure.

Sorry if my answer earlier today could be misleading.

Cheers!

Thank you for the info!!

I was told something similar this weekend when I visited the AD up here in Ontario. It's going to be harder to get more in-demand watches ... going forward

The AD has waiting lists for all Professional models (Subs, GMT, Explorer and of course Daytona, Sky-D etc)

GerardoG · 6 February 2018, 05:51 PM

Quote:

Originally Posted by 77T

Well I got a letter from Rolex last week, G...
.
.
.
.
.
.
.
.
.
RUSA NY RSC got the watch I sent them for full spa treatment.
.
.
.
.
.
.
Not the letter I hoped to get.....
.
.
.
.
.
.
.
Like my waitlisted 116500 had landed at the AD.

Sent from my iPhoneX using Tapatalk

OahuHorologist · 6 February 2018, 06:39 PM

My guess is Rolex plans to increase prices later this year and they are cutting back production to increase demand so they can sell them for more later in 2018. It's the only thing that really makes sense to me ... why stop making the watches that most people want?!

Why1504 · 6 February 2018, 08:06 PM

I live in a small market. Over the last 3 years we lost one AD (not sure why).

I believe over the last 24 months the demand is up considerably, would expect more so in the Far East.

If that Far East demand was for watches that retailed for higher prices, or were more profitable than the professional watches what would you do?

IMO Demand is up world wide. Rolex is only shifting production to the models with higher demand and higher profitability. In the end one of the consequences of this shift will be a price increase on the lower priced SS watches to bring their profitability into line.

red1108nyc · 6 February 2018, 08:44 PM

Quote:

Originally Posted by Why1504

I live in a small market. Over the last 3 years we lost one AD (not sure why).

I believe over the last 24 months the demand is up considerably, would expect more so in the Far East.

If that Far East demand was for watches that retailed for higher prices, or were more profitable than the professional watches what would you do?

IMO Demand is up world wide. Rolex is only shifting production to the models with higher demand and higher profitability. In the end one of the consequences of this shift will be a price increase on the lower priced SS watches to bring their profitability into line.

+1

Supply heading far east is theoretically the right thing to do.

smansour · 6 February 2018, 10:12 PM

Quote:

Originally Posted by OahuHorologist

My guess is Rolex plans to increase prices later this year and they are cutting back production to increase demand so they can sell them for more later in 2018. It's the only thing that really makes sense to me ... why stop making the watches that most people want?!

If this is the case, i think i will be holding back from having the hulk or batman i was looking after... i have this allergy from these marketing strategies...

AK797 · 6 February 2018, 11:51 PM

Quote:

Originally Posted by Dirt

I thought Cuckoo clocks came from Germany with their origin out of the Black forest

I have Karlsruhe cousins so let's just pretend I never said that...

To be honest they're more than a bit cuckoo too.

Duey · 7 February 2018, 07:24 AM

Lets not loose this one

No SUBctitute · 21 March 2018, 10:32 AM

Quote:

Originally Posted by GerardoG

Rolex is letting all Authorized Dealers IN WRITING that, effective immediately, they will CUT BACK the production of ALL professional line watches. Not only SS, but 2T and precious metal.

I wonder how this will be reflected at Basel?

karlsbad69 · 21 March 2018, 10:37 AM

Fake news.
No letters went out.
My AD said they didn’t get one and als said rolex doesn’t send letters like that. They have been an AD for a loooooong time too.

Arthur Daley · 21 March 2018, 12:59 PM

Quote:

Originally Posted by OahuHorologist

My guess is Rolex plans to increase prices later this year and they are cutting back production to increase demand so they can sell them for more later in 2018. It's the only thing that really makes sense to me ... why stop making the watches that most people want?!

100% agree. This is standard practice in many industries: have a reason for raising price, and what's easier to argue than demand>supply....

DoctorA · 21 March 2018, 01:05 PM

Quote:

Originally Posted by Arthur Daley

100% agree. This is standard practice in many industries: have a reason for raising price, and what's easier to argue than demand>supply....

Agree but shortage has been for a while now. 500C was released two years ago and still no where to be found! I doubt they have been planning this for two years!

Andrejb · 21 March 2018, 01:08 PM

Great news for Omega and Tudor lol

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TheVTCGuy · 21 March 2018, 01:22 PM

Why can’t I ever start a thread that gets 1,000 replies?

77T · 21 March 2018, 01:36 PM

Quote:

Originally Posted by TheVTCGuy

Why can’t I ever start a thread that gets 1,000 replies?

We’re headed to Infinity and Beyond!!!

Sent from my iPhone using Tapatalk

LightOnAHill · 21 March 2018, 01:38 PM

Quote:

Originally Posted by TheVTCGuy

Why can’t I ever start a thread that gets 1,000 replies?

Lol

BBL · 21 March 2018, 01:39 PM

Quote:

Originally Posted by 77T

We’re headed to Infinity and Beyond!!!

Sent from my iPhone using Tapatalk

Highjinx · 21 March 2018, 01:50 PM

I received notification of a hulk, blnr and black sub C all arrived this morning at the Ho Chi Minh City AD. I call balls.

No SUBctitute · 21 March 2018, 02:25 PM

Quote:

Originally Posted by karlsbad69

Fake news.
No letters went out.
My AD said they didn’t get one and als said rolex doesn’t send letters like that. They have been an AD for a loooooong time too.

Wow. That would suck if OP's AD friend was lying to him.

Would Rolex send such a letter to some ADs and not send the letter to others?

6 February 2018, 11:46 AM	#995
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,024	CONFIRMED news regarding the professional line Well I got a letter from Rolex last week, G... . . . . . . . . . RUSA NY RSC got the watch I sent them for full spa treatment. . . . . . . Not the letter I hoped to get..... . . . . . . . Like my waitlisted 116500 had landed at the AD. Sent from my iPhoneX using Tapatalk __________________ Does anyone really know what time it is?

6 February 2018, 11:43 AM	#994
Naples09 "TRF" Member Join Date: Nov 2009 Real Name: Jim Location: Naples, FL Posts: 1,795	A few more post to go and someone will win a dinner with Paul. I hope he's buying!

6 February 2018, 11:49 AM	#998
jph4387 2024 SubLV41 Pledge Member Join Date: Dec 2010 Location: Charlotte Posts: 271	999, oh so close

6 February 2018, 11:50 AM	#999
WAK4 2024 Pledge Member Join Date: Oct 2008 Real Name: Bill Location: NJ Watch: Always changing Posts: 4,172	1000 Can I trade in the dinner for a Bond raffle spot? They seem to be hotter than a white 116500 or blue SS SkyD...

6 February 2018, 11:52 AM	#1000
sabuhead "TRF" Member Join Date: Dec 2011 Location: Fairfax, VA Posts: 18	I love this forum

6 February 2018, 06:39 PM	#1004
OahuHorologist 2024 Pledge Member Join Date: May 2017 Real Name: Alex Location: Hawaii Watch: Speedmaster Posts: 407	My guess is Rolex plans to increase prices later this year and they are cutting back production to increase demand so they can sell them for more later in 2018. It's the only thing that really makes sense to me ... why stop making the watches that most people want?!

6 February 2018, 08:06 PM	#1005
Why1504 "TRF" Member Join Date: Apr 2014 Location: Southeast US Posts: 325	I live in a small market. Over the last 3 years we lost one AD (not sure why). I believe over the last 24 months the demand is up considerably, would expect more so in the Far East. If that Far East demand was for watches that retailed for higher prices, or were more profitable than the professional watches what would you do? IMO Demand is up world wide. Rolex is only shifting production to the models with higher demand and higher profitability. In the end one of the consequences of this shift will be a price increase on the lower priced SS watches to bring their profitability into line.

7 February 2018, 07:24 AM	#1009
Duey 2024 SubLV41 Pledge Member Join Date: May 2011 Real Name: Duey Location: Maui Watch: Too Many To List Posts: 3,598	Lets not loose this one

21 March 2018, 10:37 AM	#1011
karlsbad69 "TRF" Member Join Date: Jan 2013 Location: Utah Posts: 72	Fake news. No letters went out. My AD said they didn’t get one and als said rolex doesn’t send letters like that. They have been an AD for a loooooong time too.

21 March 2018, 01:08 PM	#1014
Andrejb 2024 Pledge Member Join Date: May 2016 Real Name: Dre Location: Canada Posts: 1,689	Great news for Omega and Tudor lol Sent from my iPhone using Tapatalk

21 March 2018, 01:22 PM	#1015
TheVTCGuy Banned Join Date: Jul 2008 Real Name: Paul Location: San Diego Watch: 126619LB Posts: 21,540	Why can’t I ever start a thread that gets 1,000 replies?

21 March 2018, 01:50 PM	#1019
Highjinx Banned Join Date: Feb 2016 Location: Vietnam Watch: Rolex Sub - 16610 Posts: 246	I received notification of a hulk, blnr and black sub C all arrived this morning at the Ho Chi Minh City AD. I call balls.

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