My beloved AD latest Rolex victim

[derekhayden]

Originally Posted by tyler1980

have you been to greenspoint?

Touche' ......so bad I don't even consider it a Mall anymore.

[tpool]

The AD is in a city outlying my area. I don’t want to provide the name at this time due to the fact he is technically an AD through the end of April. It’s not something he’s advertising & I completely understand. I’m not making this up. I’m simply letting other forum members know it’s growing at a rapid pace. Historically I’ve not had much success with big Houston dealers.
I’d gladly appreciate any recommendations for a new AD since mine is now gone.


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[tyler1980]

Originally Posted by tpool

the ad is in a city outlying my area. I don’t want to provide the name at this time due to the fact he is technically an ad through the end of april. It’s not something he’s advertising & i completely understand. I’m not making this up. I’m simply letting other forum members know it’s growing at a rapid pace. Historically i’ve not had much success with big houston dealers.
I’d gladly appreciate any recommendations for a new ad since mine is now gone.


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d&d

[WatchLurv]

Originally Posted by Juantxo

I'm sorry for that one dealer but I'll celebrate each step Rolex takes to finish with the gray market.

Is that why you find every watch brand under the sun on Chrono24 represented by a grey dealer? You’re talking about wishful thinking here. You can’t control a free market.

[doboy007]

Originally Posted by Chester01

Depends, if it is directly owned by Rolex then, I’m not up in my law, but saying your out of stock and feeding gray market, I’m not even sure that is legal. And even if it is, if found out would be a black mark on one of the most respected brands in existence.


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I heard only one boutique in the world (one in Switzerland) is actually owned by Rolex. Rest are not.

[tyler1980]

Originally Posted by Chester01

Depends, if it is directly owned by Rolex then, I’m not up in my law, but saying your out of stock and feeding gray market, I’m not even sure that is legal. And even if it is, if found out would be a black mark on one of the most respected brands in existence.


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Originally Posted by doboy007

I heard only one boutique in the world (one in Switzerland) is actually owned by Rolex. Rest are not.

correct

Furthermore a business can legally sell or not sell to whoever they want as long as they dont discriminate on race, sex, religion, or any other protected class.

May be against Rolex rules, but its not illegal. I can exclusively sell my products below market price to flippers all i want and exclude legitimate collectors if it floats my boat.... doesnt matter what the product is.

[ZOOK]

Originally Posted by tyler1980

correct

Furthermore a business can legally sell or not sell to whoever they want as long as they dont discriminate on race, sex, religion, or any other protected class.

May be against Rolex rules, but its not illegal. I can exclusively sell my products below market price to flippers all i want and exclude legitimate collectors if it floats my boat.... doesnt matter what the product is.

I assume Rolex can drop an AD without having to provide an explanation. So if Rolex disagree with an AD business practices, they end the relationship. No real recourse for the AD.

[tyler1980]

Originally Posted by ZOOK

I assume Rolex can drop an AD without having to provide an explanation. So if Rolex disagree with an AD business practices, they end the relationship. No real recourse for the AD.

of course.

Not sure why people assume selling to the grey market is why any of these AD's lose their status. Its probably not the reason.

As i posted earlier there is a clear trend based on location (malls), suburbs close to a city, non chains. Its a far more plausible explanation of what is going on.


Yet the conspiracy of the grey market always gets the traction.... and people even call them "the greys" , like they are aliens. what's up with that?
"Grey aliens, also referred to as Zeta Reticulans, Roswell Greys, or Grays, are purported extraterrestrial beings whose existence is discussed in ufological, paranormal, and New Age communities and who are named for their unique skin color" they are people who are selling these watches, not aliens

[EDL7]

Some day..Rolex is going to need those AD's they gave the knife in the back to..
Recession is coming soon my accountant said today..all the indicators are there..
Maybe we wont have to wait that long..for the pendulum to swing the other way..
Making those smaller AD's pony up all that cash for mandatory upgrades..only to be given the axe a few weeks later..it doesn't get more unethical than that..

[Norbert]

All the Galleria AD's lost their Rolex status when Rolex gave Deutsch & Deutsch a boutique in the Galleria. This was to help the expense of having a Rolex only shop! Are they going to open one up at Memorial City also?

[tyler1980]

Originally Posted by Norbert

All the Galleria AD's lost their Rolex status when Rolex gave Deutsch & Deutsch a boutique in the Galleria. This was to help the expense of having a Rolex only shop! Are they going to open one up at Memorial City also?

i think it was more the fact they kept their mall location because they were a mono brand store and the others were not. Fits in better that area of the mall if you are going to have a mall location. That boutique has been there for a while i think and were there at the same time as other AD's who sold Rolex.

The AD they put in in that tiny strip mall outside of memorial city hospital has to be on the chopping block too. You cant even get in there to park let alone walk inside. Its ridiculous and they have terrible stock even by current standards.

honestly i think they are only an AD because the hospital looks like a giant crown

[R!$]

Originally Posted by harvey

Whilst I understand your anger, you do not have all the information as to why Rolex made their decision.

Although he may have only one side of the store; nevertheless it is a loss for both consumer and retailer.

[R!$]

Originally Posted by WatchLurv

Is that why you find every watch brand under the sun on Chrono24 represented by a grey dealer? You’re talking about wishful thinking here. You can’t control a free market.

Wow thats a but extreme but I can understand the sentiment

Hopefully with the waitlist dropped we should see a clearer supply chain

[texasmade]

I can only think of 3 official Rolex AD's that exist in Houston: D&D, the boutique in the Galleria, and the one jeweler out near Beltway 8 and I10 close to Memorial City Mall. I didn't even know there were any other AD's in Houston.

[madugo]

Originally Posted by tpool

They sent a shipment of stock on a Monday then sent a letter later in the week basically saying “ you will not be an AD after April 30th”. They were already 10s of thousands into a remodel just to please Rolex which is lost now. This AD is a super nice honest business; it really angers me they are doing this to so many.


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I know who are you talking about. I was notified yesterday as well.

[platinum574]

Care to name them OP??

[tpool]

Originally Posted by madugo

I know who are you talking about. I was notified yesterday as well.

Then you know they are super nice & honest. I’m really sad for them & hate to lose them.


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[airpeace]

hearsay

[FTX I]

Sorry to hear that.

[pkincy]

I would hope they would allow them to sell the existing stock and authorize the warranty cards until the stock is gone.

[ArtNouveau]

Originally Posted by Norbert

All the Galleria AD's lost their Rolex status when Rolex gave Deutsch & Deutsch a boutique in the Galleria. This was to help the expense of having a Rolex only shop! Are they going to open one up at Memorial City also?

This. Tourneau and Ben Bridge lost Rolex when the Boutique opened. Deutsch got the exclusive for ponying up the money for the Boutique, no misconduct from the others.
Ben Bridge is a chain whose owner is “the” AD, not all of their locations have had Rolex ever. May or may not be true but the Memorial City location told me it was a corporate decision versus a Rolex decision for them to consolidate at the Willowbrook location. Karat 22 was taken off the Rolex website in January but still had stock, the owner told me they were trying to work things out.
This new report may be them, IW Marks on Bellaire, Lewis Jewelers in Clear Lake are, or Thomas Markle at Memorial City and The Woodlands. It’s not Deutsch. I’m going to guess IW Marks.

[Mad Hatter]

Originally Posted by SackLVG

I love how we kept getting new threads of my ad lost their Rolex license, but no one ever name drops their name.

Right?! I mean c'mon, obviously that is going to be the #1 next question that everyone wants to know. Goofy.

[doboy007]

Originally Posted by EDL7

Some day..Rolex is going to need those AD's they gave the knife in the back to..
Recession is coming soon my accountant said today..all the indicators are there..
Maybe we wont have to wait that long..for the pendulum to swing the other way..
Making those smaller AD's pony up all that cash for mandatory upgrades..only to be given the axe a few weeks later..it doesn't get more unethical than that..

Chicken little much? As much as I want it to happen, it would take more than a normal recession to cool off this Rolex market.

[Vanmarsenille]

Originally Posted by tyler1980

d&d

Wrong.

[ZOOK]

Originally Posted by tpool

The AD is in a city outlying my area. I don’t want to provide the name at this time due to the fact he is technically an AD through the end of April. It’s not something he’s advertising & I completely understand. I’m not making this up. I’m simply letting other forum members know it’s growing at a rapid pace. Historically I’ve not had much success with big Houston dealers.
I’d gladly appreciate any recommendations for a new AD since mine is now gone.


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Originally Posted by tyler1980

d&d

Originally Posted by Vanmarsenille

Wrong.

I think you may be confused. Tyler was recommending a replacement AD.

[CoveWatch]

Originally Posted by doboy007

I'm saying being a boutique doesn't guarantee that wouldn't happen.

I agree.. A boutique is just an AD that only sells Rolex.. I don't believe Rolex can own/operate any of their own stores

[Juantxo]

Originally Posted by ZOOK

I assume Rolex can drop an AD without having to provide an explanation. So if Rolex disagree with an AD business practices, they end the relationship. No real recourse for the AD.

Correct.

[Dr Watches]

Originally Posted by pkincy

I would hope they would allow them to sell the existing stock and authorize the warranty cards until the stock is gone.

Yes and no. They can obviously still sell the stock. They can also activate the warranty cards... until they are no longer an AD. Anything that hasn’t been activated at they point is sans warranty.

[Vanmarsenille]

Originally Posted by ZOOK

I think you may be confused. Tyler was recommending a replacement AD.

I was mistaken. I thought he was suggesting D&D were losing their AD status. My mistake. Apologies.

[Dr Watches]

Originally Posted by CoveWatch

I agree.. A boutique is just an AD that only sells Rolex.. I don't believe Rolex can own/operate any of their own stores

It’s easier to police fewer independent “boutiques”, and the “boutiques” are less likely to screw around since Rolex is 100% of their revenue.

This assumes Rolex cares about the gray’s buying out the backdoor - which I’m not sure they do.