I don't understand the recent Rolex SS craze/shortage. What am I missing?

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I can't belive that Rolex hasn't stripped this dealer of the right to sell their watches. If this sort of crap continues the damage to the Rolex brand in the long term would be enormous. But I guess Rolex doesn't care as long as their watches continue to sell. On a separate thread, I see that Omega's behaviour with regards to the new Snoopy couldn't be more different. No playing games etc, just first come first served as long as you can pay for it. I do like Rolex's GMT and I'd love to get one sometime in the future, but the actions of their sales network is really putting me off the brand.

Agreed. Rolex is notorious for the inclusion and rather brutal use of the clause in their agreements that allows either party (in reality it’s just them) to terminate any relationship at any time, without notice or explanation.

In the business it’s known as “getting the green letter”...
 
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“CDP’s Rolex policy makes clear that Rolex does not allow sales of limited availability models to unknown clients.”

Ok, so this is a plaintiff lawyer’s persuasive interpretation of CDP’s policies, used to completely extrapolate an interpretation of Rolex’s policies (the latter of which the plaintiff’s lawyer hasn’t actually seen)
 
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Ok, so this is a plaintiff lawyer’s persuasive interpretation of CDP’s policies, used to completely extrapolate an interpretation of Rolex’s policies (the latter of which the plaintiff’s lawyer hasn’t actually seen)

That's your view certainly...
 
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That's your view certainly...

what are you talking about, Al?

it doesn’t take a lawyer (even though I am one), to see that this is (A) a plaintiff’s pleading, (B) they do not have Rolex’s actual policies, (C) they have the AD’s policies, and (D) they are using (C) to extrapolate (B)

If they had Rolex’s actual policy on this point, they would have cited in the FN the way they did the other publicly available Rolex policy on the same page.
 
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We can agree to disagree.
 
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We can agree to disagree.

I’m happy to learn otherwise, Al, if you’d link to or explain any information at all to the contrary.

I’m not here looking to vindicate Rolex by any stretch, but just weighing in that people appear to be reading something that’s not there, and even then reading from a document that is a plaintiff’s pleadings (which are by necessity the most extreme version of only one side of a story).
 
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Sorry, not going down this road with you again...
 
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And as for why this is still an active AD:

Notice this suit was filed 3 days ago; so the defendants have weeks before even first responding to the complaint, much less a ruling on even summary judgment (and month or years before any adjudication on the facts).

point being, if within 3 days of the mere filing of a plaintiff’s complaint Rolex yanked ADs - I’d think it pretty bizarre

but this sort of reading comprehension seems distasteful to the thread at the moment so I’ll leave all the legal beagles to their preemptive OF jury trial

👍
 
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Sorry, not going down this road with you again...

Boy, when someone’s talking about what oil to use on a piece of stuck watch metal you don’t mind insisting that people defer to expertise.

But when it comes to being a Canadian non-lawyer interpreting a U.S. legal document, you’re recalcitrant to admit anything but a difference of opinion when discussing with an equity partner of a top 25 US law firm

Sounds about right that it’s just such a road, “again”
 
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With all the great time pieces produced between 1957 and 1997... who's still buying watches in the 21st century ?
For Rolex, "" things started "" as they left out the lugholes from their toolwatches ... 😁
 
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Boy, when someone’s talking about what oil to use on a piece of stuck watch metal you don’t mind insisting that people defer to expertise.

But when it comes to being a Canadian non-lawyer interpreting a U.S. legal document, you’re recalcitrant to admit anything but a difference of opinion when discussing with an equity partner of a top 25 US law firm

Sounds about right that it’s just such a road, “again”

I rest my case, your honour...
 
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And as for why this is still an active AD:

Notice this suit was filed 3 days ago; so the defendants have weeks before even first responding to the complaint, much less a ruling on even summary judgment (and month or years before any adjudication on the facts).

point being, if within 3 days of the mere filing of a plaintiff’s complaint Rolex yanked ADs - I’d think it pretty bizarre

but this sort of reading comprehension seems distasteful to the thread at the moment so I’ll leave all the legal beagles to their preemptive OF jury trial

👍

On this point, I doubt that Rolex only found out about this activity 3 days ago...
 
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On this point, I doubt that Rolex only found out about this activity 3 days ago...

You’re the one saying you’re amazed Rolex hasn’t yanked their AD status, as they are notorious for having a hair trigger

I then offer a plausible suggestion as to why that may be, to date.

You’re response is now taking the side that not only does Rolex know about it already, but what - an implication that Rolex approves of the behaviors as evidenced by the fact the AD status hasn’t been yanked within 3 days of an unsubstantiated plaintiff’s complaint?

This puts me in mind of something:

Before the Civil War, Braxton Bragg (later a Confed- erate general) was assigned to a remote post “out west.” There was a shortage of officers, so he became both a company commander and the post quartermaster. As a company commander, he submitted a request for certain items. As quartermaster, he denied it. As company commander, he appealed to the Commanding General. When the General got the appeal, he exclaimed “My god! Mr. Bragg has argued with every other officer in the U.S. Army, now he is arguing with himself.”
 
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You’re the one saying you’re amazed Rolex hasn’t yanked their AD status, as they are notorious for having a hair trigger

I then offer a plausible suggestion as to why that may be, to date.

You’re response is now taking the side that not only does Rolex know about it already, but what - an implication that Rolex approves of the behaviors as evidenced by the fact the AD status hasn’t been yanked within 3 days of an unsubstantiated plaintiff’s complaint?

Edit...

Have time to put my thoughts down on this now. To correct something you have claimed I said, I didn't say anything about Rolex having a "hair trigger" and I've said nothing about how they typically time their decisions. I said their application of the clause is known to be brutal. What this means is that you can get a clean inspection from Rolex, and then a month later get your account pulled - no reason is given. It means that if you have been an AD for decades, and they decide they have too many dealers in your area (if a new one opens close enough to you), your status will be revoked despite the fact that you have just spent $250k renovating the Rolex section of your store. These two examples are not hypotheticals, by the way - they are actual things that have happened.

The reason I believe that Rolex would be aware of this already, is because of what I know about how they operate. I know people who work for Rolex AD's, who have given me details of how things work, both on the sales side and the watchmaking side. To give an example, I'll use the watchmaking side of things, and I'll do it by contrasting Omega and Rolex:

Last week I ordered a bunch of parts from Omega - 10 Speedmaster 1861 mainsprings, 5 sets of pushers, bunch of third wheels, center wheels, and some escape wheels, plus a number of parts in quantity for other calibers. I received an email back the same day, telling me what would ship that day, and what is on backorder. The next day FedEx arrived with my parts, except the BO ones of course. This is how Omega works - I order, they ship, no questions about what watches these are for, and no hassles. This way I'm able to stock parts and service my customers better, which helps my business and helps Omega as well. Other brands I order parts from work the same way - I simply tell them what I need, pay for it, and they ship it to me. No drama.

What I just described is not possible with Rolex. If I worked as a watchmaker at an AD, to order parts I would have to tell Rolex the model and serial number of the watch, and they would only let me order what was needed for that specific watch - no extra parts (not even a spare movement screw in case one goes flying). In the store's system I would need to list all this information correlated to serial and model number, along with photos of the watch taken on a special pad, and at any time if Rolex called, I would have to be able to pull this information up and provide the details of any watch I'd serviced. If something goes wrong (part gets dropped and rolled over by a chair or something like that) then I would have to go back and order it again for that same serial number, and questions would be asked. The rules for sales of watches are similar - everything is watched and tracked to a level that most people would be very surprised with. They are more overlords than business partners.

So reading through that report, I take what's being said at face value - not just on faith, but on my knowledge of how Rolex works, and how anal they are about every aspect. All of what is stated in there is 100% plausible based on what I know.

A business that suddenly has a huge spike in sales, at a time when sales are traditionally sluggish, just when they are in line to get a bonus renovation, would most certainly raise the suspicions of Rolex.

Do I know for a fact that they were aware? No, just as you don't know for a fact that they weren't. But as I said, I would be surprised if they didn't know, and based on that yes I'm surprised that this place is still an AD given what I know of how Rolex operates.

I know that you aren't taking the things written there at face value, and that's because of your background. I'm using my background to form my own opinions, and as I said, we can agree to disagree.

Cheers, Al
Edited:
 
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On which other forum can one go from a discussion on watch distribution and business practices, to a lawsuit on said practices and, eventually, on a history lesson on the civil war... and psychological analysis of human behavior!?!

NOWHERE ELSE!!! This is why I am enjoying the OF so much!! 👍

🍿
 
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On which other forum can one go from a discussion on watch distribution and business practices, to a lawsuit on said practices and, eventually, on a history lesson on the civil war... and psychological analysis of human behavior!?!

NOWHERE ELSE!!! This is why I am enjoying the OF so much!! 👍

🍿

Yep, just on a difference of opinion, when neither side really has the entire set of facts...
 
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On which other forum can one go from a discussion on watch distribution and business practices, to a lawsuit on said practices and, eventually, on a history lesson on the civil war... and psychological analysis of human behavior!?!

NOWHERE ELSE!!! This is why I am enjoying the OF so much!! 👍

🍿

38 pages of nothing IMO. Lots of guesswork and contradictory anecdotal evidence, which unsurprisingly leads to contentiousness, since actual facts are few and far between.
 
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38 pages of nothing IMO. Lots of guesswork and contradictory anecdotal evidence, which unsurprisingly leads to contentiousness, since actual facts are few and far between.
...thus my comment on "human behavior". 😁
 
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This thread is woefully lacking in pictures and humor. Here is a Rolex from when you could walk into a dealer and have your pick.


And let’s not forget about the flat champagne and flattery.