Riviera Paradise
·B blokk2018 seems over exaggerated with the Olympic Speedmaster. It's after all the same design?
B blokk2018 seems over exaggerated with the Olympic Speedmaster. It's after all the same design?
As for chasing short-term profits, that gives the share price and cashflow an immediate boost. Swatch can take that to the bank.
Spot on. People are taking this very personally, and once again some are forgetting what the role of any corporation is - create/increase shareholder value. Nothing else matters unless it feeds into that goal, and I would say worrying about the reactions of collectors who own some other LE's that may drop in value is not even a consideration.
What may seem short sighted for the consumer doesn't matter. If the market likes what is happening, then Swatch is on the right path. They are more concerned about stock market analysts reactions than the watch owners.
However, as I have posted before, an excessive supply/ gloat of a supposedly scarce product could hurt the brand in the long term.
That ship sailed a long time ago mate...
ACE jewelers have put together a good collage of modern Speedy LEs released during the last decade 2008-2018. Although some LE designs are repeated (they do include both the single and collection set versions), when you look at the image below I think you do get a good idea as to how Omega have dramatically accelerated Speedy LE releases since 2017.😁
ACE jewelers have put together a good collage of modern Speedy LEs released during the last decade 2008-2018. Although some LE designs are repeated (they do include both the single and collection set versions), when you look at the image below I think you do get a good idea as to how Omega have dramatically accelerated Speedy LE releases since 2017.😁
That chart looks worse than it is because they are posting the same watches twice that come individually and in numbered sets .
B blokk2018 seems over exaggerated with the Olympic Speedmaster. It's after all the same design?
That chart looks worse than it is because they are posting the same watches twice that come individually and in numbered sets .
Welcoming the new member, black and white!
Of course it's not being done to piss people off, that's just silly. What is being done is chasing short-term profits at the expense of long-term customer relationships. Why should I buy the next $7,000 LE Speedmaster at MSRP from an Omega Boutique when I know it'll be trading for $5500 on the gray market after they re-release it?
My take is that while it will likely hurt resale value for certain editions, I don't think Omega's goal is for collector's to make money.
While I am personally disappointed, this is very true.
The flip side is making it impossible to get watches people want (Rolex, Patek).... who wants to pay 50k for a basic time only steel watch?
I guess that is what makes collecting interesting, you never know what will come next or what the future will hold. Nobody complains that their steel 5513 has gone up 400% in 5 years.
Welcoming the new member, black and white!
I hope they release a winters olympic special edition, using the granite from a curling stone for the subdials lol. The LE curling edition.