Community Stories

Banner days at Rolex.

blufinz52
Posts
3,172
Likes
8,337
From the Robb Report yesterday.

On Wednesday, Morgan Stanley published a report that shows Rolex raked in 10.1 billion Swiss francs ($11.5 billion) for the first time in 2023. It achieved the historic amount as its retail market share grew by just over 30 percent due to ongoing demand from well-heeled clients. The billion-dollar total represents an 11 percent gain from 2022, according to the bank analysts and Swiss firm LuxeConsult calling Rolex’s current market share “unprecedented.”

https://robbreport.com/style/watch-collector/rolex-sales-reach-10-billion-for-first-time-1235527449/
 
gbesq
Posts
9,172
Likes
48,430
Not bad for a charitable trust. 🙄 Relax, Rolex fans. I concede that they make good watches.
 
DaveK
Posts
4,980
Likes
15,243
They made a smart move in selling all those Invicta knockoffs

Edit: And Cartier outsold Omega? I never gave their market position a thought, but this did surprise me
 
p4ul
Posts
1,668
Likes
3,940
Imagine how much it could have been if only there had been watches in their shops!😉
 
Larry S
Posts
13,158
Likes
52,287
p4ul p4ul
Imagine how much it could have been if only there had been watches in their shops!😉
Years ago a company I worked for put us through a weeklong finance boot camp where we had to run our own simulated firms. Most were of us were done or in deep trouble by Wednesday. Lessons: 1) cash flow is king. 2) Don't over invest in plant and equipment.
 
D
Posts
210
Likes
129
Rolex knows what they are doing. Before long they will satisfy most demand and they will have watches available.
 
Poppyboy
Posts
255
Likes
368
I still don’t understand how a company puts out over one million watches a year but has these crazy waitlists.
 
Foo2rama
Posts
17,768
Likes
26,945
Poppyboy Poppyboy
I still don’t understand how a company puts out over one million watches a year but has these crazy waitlists.
Never underestimate the Cellini market in Asia. Lol
 
gbesq
Posts
9,172
Likes
48,430
D drster
Rolex knows what they are doing. Before long they will satisfy most demand and they will have watches available.
Don't count on it. I agree that Rolex knows what they're doing. I just don't like what they're doing.
 
Sign up or log in to reply...

Similar threads

matkaz

Customer has Total Meltdown at Rolex Dealership 7 Years on the Waiting list

matkaz Open Discussion
dsio
dsio
Posts
14
Views
2K
Duracuir1

Parkour Athletes at Rolex Store

Duracuir1 Open Discussion
Evitzee
Evitzee
Posts
11
Views
1K
MTROIS

Quality issues at Rolex and Tudor?

MTROIS Rolex Watches
GadgetGuy88
GadgetGuy88
Posts
30
Views
24K
MPWATCH

Black Friday Deals at Rolex!!!!!!!!!!!!!!!!!!!!!!!!

MPWATCH Open Discussion
Walrus
Walrus
Posts
15
Views
1K
Jwit

Short Interesting Read on Tribologists/Lubricants at Rolex.

Jwit Open Discussion
Jwit
Jwit
Posts
0
Views
817