Category: Uncategorized
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Rolex Sales Expected To Reach Record US $ 10 billion
Rolex’s global sales exceeded US $ 10 billion for the first time as it gained a wider market share. Based on a Morgan Stanley report, the Swiss luxury watch brand that dominates this market will produce 1.24 million watches in 2023 with sales reaching US$11.6 billion or equivalent to Rp180.78 trillion. Analysts at Morgan Stanley…
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Morgan Stanley: Rolex Luxury Watch Sales Through Rp180 T
A report from Morgan Stanley said Rolex sales exceeded the US$10 billion mark for the first time. They have also been successful in strengthening market share. According to a report published on Wednesday (28/2), the leading luxury watch manufacturer from Switzerland will produce 1.24 million watches in 2023, with total sales of 10.1 billion swiss…
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Rolex fined 91 million for online sales ban for traders
An expensive December for Rolex: the French branch of the watch brand has to pay a fine of 91.6 million euros. According to the French competition authority, the Swiss luxury brand has banned traders from selling its watches online for ten years.According to the watchdog, the ban was in effect at a time when online…
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Rolex Accelerates Production Ramp as Demand Rises
Luxury watchmaker Rolex SA will build three temporary production facilities that will start producing luxury watches in 2025 to meet unprecedented demand for its products. Construction of the Fribourg facility will begin later this year, Rolex said in an email. The capacity is in line with plans to spend 1 billion Swiss francs ($1.1 billion)…
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Gokil! Watches Sold At Rp 88 M, This Is What It Looks Like
A rare Watch made by Patek Philippe sold for US$5.8 million (Rp 88 billion) in an online auction in Hong Kong. The figure makes it the most expensive watch bought in an online auction in the world.In a report by the South China Morning Post (SCMP), Friday (24/3/2023), the watch is named ‘Sky Moon Tourbillon’.…
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Prevent counterfeits Rolex certifies used timepieces only authorized retailers that sell genuine Rolex
Rolex is introducing the Certified Pre-Owned Programme to authorised dealers selling Rolex pre-loved watches. This step is taken to authenticate and protect its products from counterfeiting. The company can also keep an eye on its luxury watches in the secondary market. It is known that Rolex is still at the top of the list as…
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Impact Of Economic Recession: Rolex Et Al Slam Prices!
A watch is an accessory that is practically redundant in today’s digital age. To find out what time it is, you just need to look at your phone (which is already in your hands almost all the time). So why bother with a watch?Therefore, watches are more correctly given the title of jewelry. Watches, especially…
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Gold & Property Pass, Rolex Watches Become High Investment Assets
Today, there are many ways to invest. In addition to stocks, property and gold, it turns out that some well-known watch brands are also good for investment because their prices rise over time.According to the latest report from Bob Watches, Rolex watches are still at the top of the list as the most profitable watches…
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This is a collection of BTS members ‘ luxury watches
As the most successful K-pop group in the world, BTS is estimated to have a total wealth of US$ 50 million dollars or more than Rp 700 billion (exchange rate Rp14, 346/USD). So, it’s no wonder that BTS members have a collection of luxury watches at exorbitant prices.Let’s take a peek at what hours these…
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Want to buy a watch for investment? Check Out These 12 Tips & Tricks
Watches are not only used to complete the appearance. Apparently, this accessory can also be used as an investment. Sponsored: https://bisniskita.my.idhttps://proyekkita.my.idhttps://businessideas.my.idhttps://jalanbaru.my.idhttps://juraganbaru.my.idhttps://ranselku.my.idhttps://bosmuda.my.id Here are some important things to consider before you decide to buy a watch as well as an investment, as quoted from Asia One: Steven Kivel of Central Watch, a mechanical watch Service and…