Thread: AP Closing ADs?
View Single Post
Old 2 October 2017, 06:53 AM   #42
tyler1980
"TRF" Member
 
tyler1980's Avatar
 
Join Date: Apr 2015
Location: Houston
Posts: 17,622
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
__________________
Instagram: tyler.watches
current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition)
tyler1980 is offline   Reply With Quote