johnireland
·I wouldn’t be surprised if most manufacturers have a similar clause in their AD contract. One of the local independent jewelers was a long-time Grand Seiko dealer - one of the first in the country. But Grand Seiko decided recently to move to another dealer — part of a chain who can buy more watches at a corporate level to distribute to their many stores.
This local jeweler also used to be an AD for Omega and Blancpain and they also pulled their license in the last several years.
And a lot of these brands are not really stand alone companies, but owned by large holding companies so they don't really make their policies. They didn't survive the electronic watch trend and perished, until resurrected by smarter business brains.