Patek production ramping up?

[byow]

Originally Posted by Rolexatlast

Latest video from Opusntime claims Patek have opened a new facility, and will increase production by 3x to 5x.

Such a step-change in production must have a material impact on availability and the grey market.

Do we think this is correct?


https://www.youtube.com/watch?v=Bz7T7ucor-0

As per PP’s current communication, this is not true.

[bob101]

Originally Posted by Partekular

That’s very interesting. Where did the data come from?

The Morgan Stanley Swiss watch industry report for 2022, reported 1.8bn chf in turnover and estimated 68,000 units sold.

[Partekular]

Originally Posted by bob101

The Morgan Stanley Swiss watch industry report for 2022, reported 1.8bn chf in turnover and estimated 68,000 units sold.

Thanks for the info.