ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
23 March 2019, 10:44 AM | #61 | |
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23 March 2019, 10:47 AM | #62 | |
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Do they want to limit it or control it more? Sure. But I’m not convinced Rolex wants to completely shut out greys.. of course they have to give the impression they do though either way |
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23 March 2019, 10:47 AM | #63 |
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23 March 2019, 10:48 AM | #64 |
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No way IW Marks loses their AD status. They sell a ton.
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23 March 2019, 10:52 AM | #65 |
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23 March 2019, 10:56 AM | #66 |
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23 March 2019, 11:32 AM | #67 |
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San Jose, CA will be losing one soon. Not sure the reason.
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Rolex Submariner V 16610 Rolex DateJust 36 116234/blue/Jubilee/Fluted/Stick Rolex SkyDweller / m326933-0004 / Oystersteel and yellow gold / Fluted / Jubilee |
23 March 2019, 01:17 PM | #68 | |
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Real Name: Jason
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As a moderate spender, I think I am better served by smaller family owned places than the Boutique who has more whales to take care of. I don’t want to hijack the thread, but I have gotten many watches from smaller places while still waiting for my first call from the boutique. Let me know next time you are in town. Would love to have a beer and talk watches.
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♛ Rolex Sky-Dweller 326934 - White Dial ♛ Rolex Milgauss 116400GV - Z-Blue ♛ Tudor Black Bay 79030B - Navy Blue ♛ Rolex Submariner 126613LB - Blusey ♛ Tudor Black Bay 79010 - 58 925 ♛ Rolex Daytona 116500LN - White Dial ♛ Rolex Sea-Dweller 126600 - SD43 ♛ Rolex GMT-Master II 126710 BLRO ♛ Rolex Oyster Perpetual 124300 - Turquoise ♛ Rolex Daytona 116519LN - Steel Dial |
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23 March 2019, 01:50 PM | #69 | |
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Another bit of Houston Boutique lore, the store took on some heavy water damage in late 2017. They stayed open for the holiday season then closed down for a couple of months in early 2018 to be rebuilt from scratch. Their temporary place was a tiny spot near Saks with nothing but walk up display counters. |
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23 March 2019, 02:33 PM | #70 |
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23 March 2019, 03:17 PM | #71 |
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23 March 2019, 03:28 PM | #72 |
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Sad to hear about another dealership/Rolex issue.
On the bright side. It makes room for newer emerging watch brands. Your dealer just has to work harder now, and I hope they can overcome. |
23 March 2019, 03:47 PM | #73 |
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Here is some feedback today from an AD in Salt Lake City, UT. (OC Tanner) I travel there from CA and have family that lives there. I had my name on the list for a couple of watches for about two years (Dayton was one)
Today, my friend calls me from the showroom floor to tell me that they got rid of the list. And that each sales person is establishing an unofficial list, and when a shipment arrives, each sales person will present their top two buyer and then the manager will ultimately decide who the watch will go to. Since I am a CA resident, they will NO LONGER sell certain watches to me. I have to arrive in person and show proof of residence to be able to purchase. Although I have purchased watches and services watches with them in the past. My out of State status disqualified me from buying. Their response: Rolex is tracking the serial numbers of watches that are sold by AD and watching the secondary market (TRF/Chrono24/eBay/etc) and tracing the original sale to the AD and reducing their shipments or losing their franchise all together. Your AD may have fallen victim to a series of untracked sales to grey market dealers or lost it to reasons unknown to you and all of us. Sent from my iPhone using Tapatalk |
23 March 2019, 03:51 PM | #74 |
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23 March 2019, 03:59 PM | #75 | |
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"Reasonable price, territory, and customer restrictions on dealers are legal" |
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23 March 2019, 05:43 PM | #76 | |
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that was what was being implied as illegal as if a customer has a "right" to buy a product from a private business if they have it in stock They dont... plus "reasonable price" is a market price. It only gets into a grey area with price gouging essentials supplies in front of a hurricane or something. Not luxury watches. There is no way you would win a case against an AD for not selling you a Rolex
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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) |
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23 March 2019, 05:49 PM | #77 | |
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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) |
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23 March 2019, 05:52 PM | #78 | |
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Wasn't sure with the timing of the other AD's for sure. I was never a fan of Tourneau. And the BB galleria store, well it looks way more downmarket by comparison. Its location in the mall and the other brands they carry probably isn't what Rolex likes to see. BB in the galleria looked the same as BB in memorial city mall and neither were too impressive. That one lost status last time i was there, but the time before that when i was there they still carried Rolex. Dont make it out to Memorial City too often so i dont know when that happened.
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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) |
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23 March 2019, 07:04 PM | #79 |
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The good stuff has surely already gone to the greys.
Sent from my SM-J327P using Tapatalk
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23 March 2019, 10:10 PM | #80 |
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I'm looking for pm
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If you wind it, they will run. 25 or 6 to 4. |
23 March 2019, 10:56 PM | #81 | |
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I respectfully disagree. Plenty of supply, just look at the gray market and Chrono24, what ever you want is there BLRO, BLNR, Daytona’s etc. see the gray market is a new middle man. Rolex-some to AD-many to gray dealers-then to consumer. If the gray market vanished, most would be able to get the piece they want in a couple months time. Sent from my iPhone using Tapatalk |
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23 March 2019, 11:17 PM | #82 | |
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We have a vending machine at work that sells a certain type of potato chip that isn't typically available in my state. The entire row would always be gone within a couple hours of the machine be restocked. So the vendor started doubling up on that potato chip, filling two rows instead of one. Ever since, both rows remain nearly full for days. Point is, perceived lack of supply just creates a bank run scenario, artificially inflating demand and exacerbating that perception of limited supply. |
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23 March 2019, 11:25 PM | #83 | |
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Sure, supply is playing a role to be sure. But to say it’s only a supply issue when all one has to do is to look at the gray market. The market has become bifurcated. I mean I bought my first Daytona in 1998 or so, and even then it was a 2 year waiting list. If you look at when things started getting real tight, it’s really only in the last 4 years with new gray dealers popping up everywhere. Demand has gone up, but likely steadily since the recovery. Now the recession back in 2009, did not hit the Rolex buying crowd nearly as hard as others, so I have no reason to believe that there was an explosion in demand especially in an era where folks wearing watches have been steadily declining. Sent from my iPhone using Tapatalk |
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23 March 2019, 11:36 PM | #84 | |
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It was for sure not as crazy as it gets. I rembered maybe only daytona is hard to get. Look at nowadays, black sub..hulk..batman.. Another reason maybe that a few years ago, iwc, panerai were also hot watches, took some market share from rolex. Nowadays rolex just seems kinda monopoly in their SS line price range. |
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23 March 2019, 11:39 PM | #85 | |
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24 March 2019, 12:09 AM | #86 | |
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Wear the watch you like, not the one they tell you to wear! |
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24 March 2019, 12:26 AM | #87 | |
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Used to be just the Daytona, then Rolex realized they could "halo" all their professional watches. It's all about getting people excited who then buy TT and PM, which is all that's available, and where the margin is. I think they stumbled into this strategy when demand for SS went through the roof 2-3 years ago and they were unprepared. Now they are milking it. |
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24 March 2019, 12:31 AM | #88 |
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I can understand if you don't live in Houston how this might not appear to be a great location, but it absolutely is.
The parking is a challenge but I believe there is valet service service right there, and it's no worse that having to park at a large mall to visit one store. From a commercial standpoint it's an ideal location that is right in the heart of affluent Memorial and the nearby villages, and right along the commuter route for everyone who works in the city and lives in the fastest growing suburbs of Katy, west Houston, etc. They've also gone all-in on the Rolex corporate showroom, which was probably a 7-figure investment. Obviously an AD with a vision for their future and where Rolex is going as a brand. |
24 March 2019, 01:03 AM | #89 |
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I think if you take the emotion out of it and look at this honestly you can't believe that this AD was a positive for Rolex. I'm sure many of you Houston people didn't even know this dealer existed; I know I didn't until a few years ago when I looked up all of the area AD's on the Rolex website. When I saw the address, I thought it was a mistake, and when I checked Google Maps I really thought it was a mistake. To say this is not an area that you would expect to go shopping for luxury goods would be a major understatement. It's an area littered with check cashing places, pawn business, sketchy wholesale places, "spas" and a lot of retail that specializes in counterfeit luxury items (purses, perfumes, etc). I'm guessing they've been an AD for a very long time and Rolex probably wanted them to move to a more appropriate area for their brand.
In fairness, the inside of the store was nice enough, and the people were extremely warm and kind when I visited. Unfortunately in my experience there was only one person at the store (obviously family store and lots of people working there) who appeared to know anything about watches. I visited just prior to the inventory madness and right around the time the Deep Sea blue was just starting to deliver. They had one in the case and I tried to buy it but was told it was already committed to a client, as I guessed it probably was. I'm sorry the OP lost his favorite dealer, but utterly predictable. I'm sure Rolex has laid out the rules of the AD game and you can either choose to play the board or find another game. The bottom-line is the brand is only as good as their worst dealers and the owners who don't have deep enough pockets to make the investment in facility, and ultimately their own future, are probably the ones most likely to feed the grey market. |
24 March 2019, 06:26 AM | #90 |
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