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jfmiii · 9 March 2022, 07:28 AM

https://www.bloomberg.com/news/artic...ia-export-halt

stevecv · 9 March 2022, 07:39 AM

That'll help with all the demand in the west. Good.

bob sims · 9 March 2022, 07:40 AM

Won't lower prices by a dime. Trillions of new dollars will now be made by those in oil from Texas to Teheran and they ALL love Rolex.
Meanwhile rich Russians will have no problem buying grey.
A lot of fury signifying less than nothing.

WatchGuy1966 · 9 March 2022, 07:47 AM

the article is behind a paywall

ArtNouveau · 9 March 2022, 07:47 AM

Quote:

Originally Posted by bob sims

Won't lower prices by a dime. Trillions of new dollars will now be made by those in oil from Texas to Teheran and they ALL love Rolex.
Meanwhile rich Russians will have no problem buying grey.
A lot of fury signifying less than nothing.

It won’t alter the worldwide market but that’s not the point. It’s the right thing to do.

drrd · 9 March 2022, 07:48 AM

To those tempted to speculate and comment on how this will affect the supply of Rolex to their territory, please don't.

Cru Jones · 9 March 2022, 08:44 AM

Quote:

Originally Posted by drrd

To those tempted to speculate and comment on how this will affect the supply of Rolex to their territory, please don't.

x1,000,000

173rdabn · 9 March 2022, 08:47 AM

Good, it's the right thing to do.

JEdwardK · 9 March 2022, 08:50 AM

great! so there will be about a dozen more hype pieces available elsewhere

JodyHighroller · 9 March 2022, 08:52 AM

It was a matter of time.

All general logistics have been halted so even if they did want to send inventory I doubt it’d make the journey.

For those who don’t have access, article states that any watches currently for sale were received prior to the start of the war.

77T · 9 March 2022, 10:34 AM

For the benefit of those who were blocked from the article.

Sent from my iPhone using Tapatalk Pro

huttobhsc · 9 March 2022, 10:34 AM

Now it’s time for the West to boycott Phish

Krash · 9 March 2022, 10:54 AM

The price of a Rolex Submariner in Russia is 1,163,500 Rubles (based on conversion rates as of this post).

Parapraxis · 9 March 2022, 11:05 AM

More watches to China I guess

Polarexplorerii · 9 March 2022, 11:10 AM

Even McDonald's closed their restaurants

jfmiii · 9 March 2022, 11:12 AM

Quote:

Originally Posted by huttobhsc

Now it’s time for the West to boycott Phish

Phish=Freedom

NeoAnderson · 9 March 2022, 11:13 AM

Now prices in Russia will explode.

Bill11783 · 9 March 2022, 11:26 AM

Glad to hear Rolex joined the cause…it is definitely the right thing to do.

vh2k · 9 March 2022, 11:28 AM

Exports to Russia are a trickle. They are 1/10th the size of the U.S. market.

RolexPD · 9 March 2022, 12:03 PM

I wonder how much these actions have to do with ethics and how much they have to do with the instability of Russian currency?

Rebel · 9 March 2022, 12:08 PM

Good.

77T · 9 March 2022, 12:13 PM

Many cards are being reshuffled - I’m sure some will question the motives behind all of the companies taking action.

So for now, Rolex has done what is right. Later than others, but they are more conservative, done is done.

Sent from my iPhone using Tapatalk Pro

4 Aussies · 9 March 2022, 12:49 PM

Quote:

Originally Posted by Bill11783

Glad to hear Rolex joined the cause…it is definitely the right thing to do.

100%

CarlOver · 9 March 2022, 01:17 PM

Nice! The list of companies is growing. Will be interesting to see for how long. Companies are not likely to announce that they are resuming sales there. Hopefully it will be for a long time.

Cryptochonos1 · 9 March 2022, 01:20 PM

It’s the “moral” thing to do but it will only increase prices on the grey market here at home

Cryptochonos1 · 9 March 2022, 01:21 PM

Quote:

Originally Posted by CarlOver

Nice! The list of companies is growing. Will be interesting to see for how long. Companies are not likely to announce that they are resuming sales there. Hopefully it will be for a long time.

Agreed it’s the moral thing to do, even though it does cost them quite a bit

Cryptochonos1 · 9 March 2022, 01:22 PM

I think thought that even though they will halt exports the rich and powerful in any situation will always spend on toys and therefore they will find a way to buy their toys

7enderbender · 9 March 2022, 01:26 PM

Outstanding news. China and the Middle East next.

ColdWater · 9 March 2022, 02:03 PM

Quote:

Originally Posted by RolexPD

I wonder how much these actions have to do with ethics and how much they have to do with the instability of Russian currency?

Currency instability may be the first rational explanation I've heard, besides PR move.

McDonalds, Coca Cola, and Netflix are great weapons against any adversaries health. Those corporations should stay open and lower their prices in Russia if they really want to support Ukraine.

Rolex jumping on the ban wagon is good publicity and they'll still sell every watch they make.

TswaneNguni · 9 March 2022, 02:07 PM

Excellent news !!! Well done Rolex !!

Well done Richemont and Swatch : No MB,JLC,IWC,Omega etc etc.

9 March 2022, 07:28 AM	#1
jfmiii "TRF" Member Join Date: Mar 2010 Location: Chicago Watch: 16750/16800/126710 Posts: 1,426	Rolex halting exports to Russia https://www.bloomberg.com/news/artic...ia-export-halt

9 March 2022, 08:50 AM	#9
JEdwardK "TRF" Member Join Date: Aug 2018 Location: Los Angeles Watch: Daytona C Posts: 235	great! so there will be about a dozen more hype pieces available elsewhere __________________ - forever waiting for THE call...

9 March 2022, 10:34 AM	#11
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 41,959	Rolex halting exports to Russia For the benefit of those who were blocked from the article. Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

9 March 2022, 12:08 PM	#21
Rebel "TRF" Member Join Date: Jul 2008 Real Name: Dr Mark R Nail Location: New Albany Watch: Tudor Sub 75090 Posts: 8,241	Good. __________________ ------------------------------- Member of the Nylon Nation

9 March 2022, 12:13 PM	#22
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 41,959	Many cards are being reshuffled - I’m sure some will question the motives behind all of the companies taking action. So for now, Rolex has done what is right. Later than others, but they are more conservative, done is done. Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

9 March 2022, 07:39 AM	#2
stevecv Banned Join Date: Mar 2019 Location: USA Posts: 85	That'll help with all the demand in the west. Good.

9 March 2022, 07:40 AM	#3
bob sims Banned Join Date: Apr 2021 Location: Fl Posts: 1,165	Won't lower prices by a dime. Trillions of new dollars will now be made by those in oil from Texas to Teheran and they ALL love Rolex. Meanwhile rich Russians will have no problem buying grey. A lot of fury signifying less than nothing.

9 March 2022, 07:47 AM	#4
WatchGuy1966 "TRF" Member Join Date: Apr 2018 Location: Location Location Posts: 1,794	the article is behind a paywall

9 March 2022, 07:48 AM	#6
drrd "TRF" Member Join Date: Jul 2019 Real Name: rd Location: uk Posts: 1,530	To those tempted to speculate and comment on how this will affect the supply of Rolex to their territory, please don't.

9 March 2022, 08:47 AM	#8
173rdabn 2024 SubLV41 Pledge Member Join Date: Jan 2013 Real Name: George Location: Cape Cod Watch: 216570 Explorer II Posts: 2,418	Good, it's the right thing to do.

9 March 2022, 08:52 AM	#10
JodyHighroller Banned Join Date: Dec 2018 Location: DFW, TX Posts: 2,149	It was a matter of time. All general logistics have been halted so even if they did want to send inventory I doubt it’d make the journey. For those who don’t have access, article states that any watches currently for sale were received prior to the start of the war.

9 March 2022, 10:34 AM	#12
huttobhsc "TRF" Member Join Date: Mar 2021 Location: VA Posts: 74	Now it’s time for the West to boycott Phish

9 March 2022, 10:54 AM	#13
Krash 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Jan 2018 Location: Florida Watch: Sub, DJ41, GMT Posts: 8,214	The price of a Rolex Submariner in Russia is 1,163,500 Rubles (based on conversion rates as of this post).

9 March 2022, 11:05 AM	#14
Parapraxis "TRF" Member Join Date: Jan 2020 Location: Toronto Posts: 717	More watches to China I guess

9 March 2022, 11:10 AM	#15
Polarexplorerii "TRF" Member Join Date: Dec 2019 Location: SA,TX Watch: 16570,BLNR,116610 Posts: 2,241	Even McDonald's closed their restaurants

9 March 2022, 11:13 AM	#17
NeoAnderson "TRF" Member Join Date: Sep 2015 Real Name: NeoAnderson Location: Tax Free Shopping Posts: 725	Now prices in Russia will explode.

9 March 2022, 11:26 AM	#18
Bill11783 "TRF" Member Join Date: Sep 2020 Real Name: Bill Location: 🇺🇸 Watch: BLRO, LV Posts: 444	Glad to hear Rolex joined the cause…it is definitely the right thing to do.

9 March 2022, 11:28 AM	#19
vh2k "TRF" Member Join Date: Jun 2020 Location: USA Posts: 3,018	Exports to Russia are a trickle. They are 1/10th the size of the U.S. market.

9 March 2022, 12:03 PM	#20
RolexPD "TRF" Member Join Date: Dec 2017 Location: Hawaii Posts: 257	I wonder how much these actions have to do with ethics and how much they have to do with the instability of Russian currency?

9 March 2022, 01:17 PM	#24
CarlOver "TRF" Member Join Date: Dec 2021 Location: US Posts: 2,214	Nice! The list of companies is growing. Will be interesting to see for how long. Companies are not likely to announce that they are resuming sales there. Hopefully it will be for a long time.

9 March 2022, 01:20 PM	#25
Cryptochonos1 "TRF" Member Join Date: Apr 2021 Location: Texas Watch: Sky Dweller Posts: 316	It’s the “moral” thing to do but it will only increase prices on the grey market here at home

9 March 2022, 01:22 PM	#27
Cryptochonos1 "TRF" Member Join Date: Apr 2021 Location: Texas Watch: Sky Dweller Posts: 316	I think thought that even though they will halt exports the rich and powerful in any situation will always spend on toys and therefore they will find a way to buy their toys

9 March 2022, 01:26 PM	#28
7enderbender "TRF" Member Join Date: Mar 2020 Location: USA Posts: 976	Outstanding news. China and the Middle East next.

9 March 2022, 02:07 PM	#30
TswaneNguni "TRF" Member Join Date: Feb 2008 Real Name: Chris Location: . Watch: Daytonas/Subs/GMTs Posts: 12,609	Excellent news !!! Well done Rolex !! Well done Richemont and Swatch : No MB,JLC,IWC,Omega etc etc.

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