Great Bloomberg article speaking to combatting the Grays

[Pilliam]

https://www.google.com/amp/s/www.blo...t-a-lot-harder

[Pballkm21]

I bet the graphs related to Rolex would be a bit different looking!

[schoolboy]

.

[trfChris]

Weird article. It seems to imply that Swatch group was combating gray dealers by cutting deliveries to authorized dealers? Doesn’t make any sense.

[daOnlyBG]

I agree, it's an odd article- I wasn't even aware that Omega/Longines cut the supply. If they're doing so, it clearly isn't enough; I can get whatever model I want at the ADs.

[schoolboy]

That is interesting.

So other brands are suffering from lack of demand? I guess that means Rolex is doing really well.

I wonder what Rolex will do to battle the gray market, although it doesn’t seem like it has to.

[gsg]

Originally Posted by trfChris

Weird article. It seems to imply that Swatch group was combating gray dealers by cutting deliveries to authorized dealers? Doesn’t make any sense.

They are reducing stock at the AD level by cutting down deliveries so less excess inventory flows to the greys through the back door.

[rtalk]

Time to buy Tritium dial Speedmasters.

[inadeje]

Bloomberg with spelling mistakes “Kong Kong” and some curious assumptions. However, I’ve said this time and time again, TRF and the Rolex community is underestimating what Chinese consumers are doing to the overall luxury market.

[mr_gray]

Originally Posted by daOnlyBG

I agree, it's an odd article- I wasn't even aware that Omega/Longines cut the supply. If they're doing so, it clearly isn't enough; I can get whatever model I want at the ADs.

lol. that's the level of demand for omega longines at current price points i think. i only say this as today my wife sent me a photo of watches at cosco. see below. (if anyone has a rationale for this pls let me now, i'm looking at a ss chorno from omega they want around 26k USD for? to my mind, since the older speedie with 861 is a better watch anyway (thinner and prettier movement and watch) - why?

[denmanproject]

Originally Posted by mr_gray

lol. that's the level of demand for omega longines at current price points i think. i only say this as today my wife sent me a photo of watches at cosco. see below. (if anyone has a rationale for this pls let me now, i'm looking at a ss chorno from omega they want around 26k USD for? to my mind, since the older speedie with 861 is a better watch anyway (thinner and prettier movement and watch) - why?

That must be a typo

[Pilliam]

Originally Posted by gsg

They are reducing stock at the AD level by cutting down deliveries so less excess inventory flows to the greys through the back door.

I agree with all of your points, and this observation certainly may explain why, at least in part, we're all seeing such paltry displays at ADs, worldwide.

[macrowatch]

Interesting opinion piece. Although clearly they are grappling with a different gray market problem than Rolex, reminds me more of the problem Rolex had years ago when the choice was Gray at a discount or more expensive at an AD. A quick look through say Speedmasters today and you can see lots of BNIB with stickers priced at well over 20% off MSRP.

I remember that being similar in the good old days of Rolex collecting, or maybe these days are the good old days if you already have a collection...

[exador]

sales in Hong Kong fell by a double-digit percentage in the first half because of the protests and political turbulence in the city

Send those watches our way!

[Luke@TRF]

The Chinese economy stats are merely a smoke and mirror and is currently doing pretty shit. It could well be the first domino stick

[1William]

Interesting article but I have not seen a lack of inventory or discounts. Omega is a good brand that can be had for 20% off retail new with a little shopping and 35-50% pre-owned and in good shape with a warranty. No impact to the informed consumer. I will buy at least one more Omega for my collection this year and maybe two. If bought right they are a value and of high quality.