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Old 5 February 2020, 04:53 PM   #14
Fleetlord
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Join Date: May 2013
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Quote:
Originally Posted by Cru Jones View Post
He clearly says in the article that that’s the plan:

“‘We currently have 550 retailers: 400 multi-brand and 150 Panerai boutiques. We’re cutting back on the former and increasing the latter. We opened 15 of our own-brand boutiques last year,’” the CEO continues. There will be other targets, ‘such as airports: 50 airports account for 95% of traffic worldwide. That’s where we’re going.’”
I did see that...at least he knows what will happen when they dump all those watches on AD's...

Hence my comment about Panerai outlet stores....where will all the unsold watches go?

Ultimately Panerai is a manufacturer and the watches HAVE to be sold, whether to the AD network or direct to consumer through boutiques.....so where will all the unsold product go? There will definitely be some because they are planning on opening the floodgates!!
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