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Originally Posted by tyler1980
I just noticed Arije in london is no longer listed as an AD on AP's site. I was just in there about a month or two ago and they had a lot of stock including a RO PC and the new navy/black 42mm ROO. If they lost their AD status that would make two in London in the past year and a half or so including Marcus.
The important bits, Article in link: The overall retail strategy is now in Mr. Bennahmias’s sights. As well as increasing revenues by shifting away from wholesale partnerships in favor of its own boutiques, the company is preparing to open the first of what it calls its “lounges,” above-ground-level retail spaces where the focus will be on a premium customer experience rather than costly build-outs for showcase spaces with premium rents. The first are scheduled to open in London, Munich and New York by the end of this year.
Innovations like these, as well as searching for a solution to the thorny problem of online watch retailing, are required, Mr. Bennahmias said, to serve a new generation of consumers.
Its not due to poor sales: the market’s 2016 totals showed a sales decline of almost 10 percent in 2015 totals — while Audemars Piguet’s revenue was up seven percent
https://www.nytimes.com/2017/09/19/f...rs-piguet.html
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I heard this from a very knowledgeable guy at the Marcus subsidiary on BA, and not having a boutique on Bond St or Knightsbridge just sounds cheap to me, they really should have a stand alone presence.