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A big investor in a top luxury watch retailer dumped millions of shares after Rolex struck a deal to run its own stores

Wed, 08/30/2023 - 13:38

Tech Insider

Man looking on luxury watches Rolex on his hand. — Man looking on luxury watches Rolex on his hand.
AS photo studio / Shutterstock

Markets, mi-exclusive, Markets, rolex, Retail, luxury-watch, luxury-retail

Rolex wants more control of its retail sales — and the move has sent shares of a top luxury watch dealer down 21%

Fri, 08/25/2023 - 15:10

Tech Insider

Watches of Switzerland, Rolex retail store — Retail store Watches of Switzerland sells Rolex watches, but its market share could be under threat now.
Peter Dazeley / Getty

Markets, mi-exclusive, Markets, luxury-watch, rolex, watches-of-switzerland, Switzerland

Rolex remains the favorite of robbers as luxury watch thefts top $1.3 billion, defying a plunge in secondary-market prices

Wed, 08/23/2023 - 04:32

Tech Insider

Rolex Cosmograph Daytona 60th Anniversary — Rolex

Markets, mi-exclusive, Markets, Luxury, Watch, Theft, luxury-watches

The great Rolex recession is here: How the Fed crushed the luxury watch boom

Sun, 07/30/2023 - 04:19

Tech Insider

Rolex Milgauss — Rolex

Markets, MI Exclusive, watches, luxury watches, Stocks, Investing, Federal Reserve

Rolex makes 123 watch models — most of them are worth more used

Tue, 07/25/2023 - 09:56

Tech Insider

Rolex GMT-Master II — Rolex's new left-handed GMT-Master now trades for nearly double its $11,250 retail price.
Rolex

Retail, rolex, Audemars Piguet, Patek Philippe, Swiss Watch, Secondary Market, Resale

You can now buy secondhand Rolex watches as the luxury brand's certified pre-owned program hits the US

Fri, 05/05/2023 - 09:27

Tech Insider

certified pre-owned rolex — This GMT-Master II from 1997 is reselling for $14,000 as a certified pre-owned Rolex on Tourneau Bucherer's official site.
Courtesy of Tourneau Bucherer

Retail, rolex, Rolex Daytona, watches, pre-owned, Luxury, Resale

Here's why Rolex watches are so expensive and how the brand gained its luxury status

Sat, 04/29/2023 - 07:30

Tech Insider

Rolex — Getty/Astrid Stawiarz

Retail, News, Life, rolex, luxury watches, Swiss Watches, resale market

Fake Rolexes are dangerous in the $20 billion used watch market. How do dealers spot them?

Mon, 04/24/2023 - 10:18

Tech Insider

Read the original article on Business Insider

Retail, Video, rolex, Rolex Daytona, Used, pre-owned, counterfeit

Swiss watch execs say the market is 'slowing down' — but that just means waitlists for new Rolexes or Patek Philippes are a little less long

Wed, 04/12/2023 - 17:54

Tech Insider

Limited Edition Patek Philippe watch — Swiss exports boomed during the pandemic to a record 25 billion Swiss francs ($27.6 billion).
Patek Philippe

Retail, News, Swiss Watches, Patek Philippe, rolex, luxury watches

Why now may be a good time to buy a used Rolex — if you plan to keep it

Fri, 02/17/2023 - 11:43

Tech Insider

Rolex — The highly coveted Rolex Daytona Ref. 116500 peaked at $48,500 last March before tumbling to about $30,000 in January, where it remains today — but that's still more than double the $14,800 retail price.
Getty/Astrid Stawiarz

Retail, News, rolex, Audemars Piguet, Patek Philippe, Swiss Watches, luxury watches

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