why are rolex watches in short supply | Rolex watch shortage why are rolex watches in short supply Rolex steel sport (or “Professional”) watches are the most visible examples — think Submariners, GMT Master IIs, Explorers and, of course, Daytonas. But even some Rolex Oyster Perpetuals are hard to get and selling for way above retail. Shop ALLURE HOMME SPORT EAU EXTRÊME Eau de Parfum Spray - 3.4 FL. OZ. and discover more Fragrances at CHANEL.com. Shop now and enjoy complimentary samples.
0 · why are Rolex watches so scarce
1 · why are Rolex watches hard to buy
2 · why are Rolex watches bad
3 · are Rolex watches scarce
4 · Rolex watches in short supply
5 · Rolex watches in demand
6 · Rolex watches hard to buy
7 · Rolex watch shortage
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Rolex steel sport (or “Professional”) watches are the most visible examples — think Submariners, GMT Master IIs, Explorers and, of course, Daytonas. But even some Rolex Oyster Perpetuals are hard to get and selling for way above retail.Now, Rolex is backing up their position that they really do want to put a watch on your wrist .
Now, Rolex is backing up their position that they really do want to put a watch on your wrist with the announcement of new and even temporary . Rolex steel sport (or “Professional”) watches are the most visible examples — think Submariners, GMT Master IIs, Explorers and, of course, Daytonas. But even some Rolex Oyster Perpetuals are hard to get and selling for way above retail. Now, Rolex is backing up their position that they really do want to put a watch on your wrist with the announcement of new and even temporary production facilities. What does this mean for watch lovers? How and when is Rolex boosting production?
Not all Rolex watches are in short supply. Instead, the actual reality is that the vast majority of Rolex buyers are now all after the exact same models – both on the retail level and on the secondary market.The simple and short answer to the question of why there is a shortage of Rolex professional models – in particular, stainless steel sports models, is that the demand exceeds the supply. In other words the number of watches that Rolex manufacture.
As a US Based ORJ, we can attest to Rolex’s public statement that there is no shortage and simply an over demand. During the last three years, we have seen significant double digit growth in units and supply. We expect the same for 2022. There is simply an over demand that the continuously increasing watch supply cannot support.
Rolex appears to be planning to grow production well above the estimated current rate of a million-plus watches a year so has to keep key partners including WoS onside with primo product. These include a deliberate holding-back by Rolex of watches from retailers (various hypotheses exist as to why the company might be doing that); deliberate hoarding of stock by retailers in order to increase street price; shortages in production due to pandemic-related factory closures; and so on. But we do know: Rolex is building new factories to meet high demand and address the shortage of their luxury watches. However, the shortage will likely persist as it is challenging to find skilled watchmakers. The new factories will not be operational until 2025 and costing over 1 billion dollars, the money needs to come from somehwere.
Paul Altieri, CEO of online watch retailer Bob’s Watches, says the story for Rolex in particular has been many years in the making, even before factory shutdowns that crimped supply.
Rolex said the shortage of its watches is "not a strategy" in response to a story by Yahoo Finance. The Swiss company is notoriously secretive about its production and distribution. Even with. Rolex steel sport (or “Professional”) watches are the most visible examples — think Submariners, GMT Master IIs, Explorers and, of course, Daytonas. But even some Rolex Oyster Perpetuals are hard to get and selling for way above retail. Now, Rolex is backing up their position that they really do want to put a watch on your wrist with the announcement of new and even temporary production facilities. What does this mean for watch lovers? How and when is Rolex boosting production?Not all Rolex watches are in short supply. Instead, the actual reality is that the vast majority of Rolex buyers are now all after the exact same models – both on the retail level and on the secondary market.
The simple and short answer to the question of why there is a shortage of Rolex professional models – in particular, stainless steel sports models, is that the demand exceeds the supply. In other words the number of watches that Rolex manufacture.
As a US Based ORJ, we can attest to Rolex’s public statement that there is no shortage and simply an over demand. During the last three years, we have seen significant double digit growth in units and supply. We expect the same for 2022. There is simply an over demand that the continuously increasing watch supply cannot support. Rolex appears to be planning to grow production well above the estimated current rate of a million-plus watches a year so has to keep key partners including WoS onside with primo product. These include a deliberate holding-back by Rolex of watches from retailers (various hypotheses exist as to why the company might be doing that); deliberate hoarding of stock by retailers in order to increase street price; shortages in production due to pandemic-related factory closures; and so on.
But we do know: Rolex is building new factories to meet high demand and address the shortage of their luxury watches. However, the shortage will likely persist as it is challenging to find skilled watchmakers. The new factories will not be operational until 2025 and costing over 1 billion dollars, the money needs to come from somehwere.
Paul Altieri, CEO of online watch retailer Bob’s Watches, says the story for Rolex in particular has been many years in the making, even before factory shutdowns that crimped supply.
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why are rolex watches in short supply|Rolex watch shortage