• About
  • Advertise
  • Privacy & Policy
  • Contact
VOUS MAGAZINE
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
    • Home – Layout 6
  • News
    • All
    • Politics
    • Science
    • World

    Hillary Clinton in white pantsuit for Trump inauguration

    Amazon has 143 billion reasons to keep adding more perks to Prime

    Shooting More than 40 Years of New York’s Halloween Parade

    Why Millennials Need to Save Twice as Much as Boomers Did

    Doctors take inspiration from online dating to build organ transplant AI

    How couples can solve lighting disagreements for good

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    These Are the 5 Big Tech Stories to Watch in 2017

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Sports

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    Heroes of the Storm Global Championship 2017 starts tomorrow, here’s what you need to know

    Harnessing the power of VR with Power Rangers and Snapdragon 835

    Dota 2 and CS:GO top Steam’s 2016 list for most played games

    Vinales will be as tough for Rossi as Lorenzo – Suzuki MotoGP boss

  • Lifestyle
    • All
    • Food
    • Health
    • Travel

    Shooting More than 40 Years of New York’s Halloween Parade

    Why Millennials Need to Save Twice as Much as Boomers Did

    Doctors take inspiration from online dating to build organ transplant AI

    How couples can solve lighting disagreements for good

    Ducati launch: Lorenzo and Dovizioso’s Desmosedici

    23 Celebrity Tweets You Missed From The Golden Globes

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
    • Home – Layout 6
  • News
    • All
    • Politics
    • Science
    • World

    Hillary Clinton in white pantsuit for Trump inauguration

    Amazon has 143 billion reasons to keep adding more perks to Prime

    Shooting More than 40 Years of New York’s Halloween Parade

    Why Millennials Need to Save Twice as Much as Boomers Did

    Doctors take inspiration from online dating to build organ transplant AI

    How couples can solve lighting disagreements for good

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    These Are the 5 Big Tech Stories to Watch in 2017

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Sports

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    Heroes of the Storm Global Championship 2017 starts tomorrow, here’s what you need to know

    Harnessing the power of VR with Power Rangers and Snapdragon 835

    Dota 2 and CS:GO top Steam’s 2016 list for most played games

    Vinales will be as tough for Rossi as Lorenzo – Suzuki MotoGP boss

  • Lifestyle
    • All
    • Food
    • Health
    • Travel

    Shooting More than 40 Years of New York’s Halloween Parade

    Why Millennials Need to Save Twice as Much as Boomers Did

    Doctors take inspiration from online dating to build organ transplant AI

    How couples can solve lighting disagreements for good

    Ducati launch: Lorenzo and Dovizioso’s Desmosedici

    23 Celebrity Tweets You Missed From The Golden Globes

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
VOUS MAGAZINE
No Result
View All Result
Home News fashion

Watches of Switzerland should be worried about its Rolexes

Cristina Medina by Cristina Medina
septiembre 7, 2023
in News fashion
0 0
0
Watches of Switzerland should be worried about its Rolexes
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Watches of Switzerland Faces Rolex Challenge: SEO-Optimized Content

In the world of luxury timepieces, Watches of Switzerland is encountering an unexpected Rolex challenge. This renowned luxury watch retailer has long been synonymous with Rolex, serving as a proxy for the iconic watchmaker. However, this cozy arrangement now faces uncertainty following Rolex’s recent announcement of its acquisition of Bucherer, a Swiss retailer specializing in high-end watches and jewelry.

This development marks a significant turning point, as Watches of Switzerland must now contend with a more formidable competitor. What makes this situation particularly intriguing is the fact that Rolex, the powerhouse of luxury watches, not only emerges as a rival but also stands as the primary supplier to Watches of Switzerland. Even amidst a luxury market slowdown in the United States, demand for Rolex watches remains steadfast. Yet, the challenge lies in securing an adequate supply of the most coveted Rolex models. Any disruption in this delicate equilibrium could spell trouble for Watches of Switzerland, potentially impacting its sales.

In essence, Rolex’s strategic move to acquire Bucherer appears both opportunistic and defensive. This decision comes on the heels of an announcement by Jörg Bucherer, an 87-year-old Swiss billionaire, to sell his business, encompassing a global network of 100 stores, including 53 Rolex outlets and 48 Tudor boutiques.

Digging deeper, it becomes evident that Rolex’s acquisition of Bucherer may represent the optimal outcome for the luxury watchmaker. This move shields Rolex from the possibility of falling into the hands of private equity groups or major conglomerates, such as LVMH Moet Hennessy Louis Vuitton SE. Competition concerns seem minimal, as the luxury watch retail landscape thrives on fragmentation, and luxury timepieces, though prized by collectors, are not essential commodities.

This transaction, while undisclosed in financial terms, carries profound implications. Rolex’s venture into direct-to-consumer sales signifies a monumental shift in strategy. Analysts predict that Rolex’s annual sales will exceed 10 billion Swiss Francs ($11.3 billion) this year, with Bucherer contributing nearly 2 billion Swiss Francs. This would place Rolex’s sales in league with luxury giants like Hermes International, Gucci (Kering SA), and Dior (LVMH).

Historically, Rolex has predominantly relied on partnerships, such as those with Bucherer and Watches of Switzerland, eschewing a direct-to-consumer approach. Its sole owned and operated store was located in Geneva. Both Rolex and Watches of Switzerland affirm that these partnerships will remain unaffected in the short term. However, concerns arise that Rolex may favor its subsidiary over other retailers when allocating its annual production of 1.2 million watches.

Should Bucherer emerge as the premier destination for Rolex aficionados, this could potentially reduce foot traffic in Watches of Switzerland stores, influencing their cross-selling opportunities with other luxury brands like Omega and Cartier.

While Watches of Switzerland’s home market in the UK, where it generates half of its sales, may remain relatively insulated due to limited Bucherer presence, the company’s aspirations to expand in the US and Europe may encounter challenges. In Europe, Bucherer holds a more dominant position, potentially impeding Watches of Switzerland’s ability to secure prime locations.

In light of these considerations, the 15% decline in Watches of Switzerland shares since the acquisition announcement appears justified.

Certainly, there are mitigating factors to consider, such as Rolex’s commitment to preserving existing partnerships. Nevertheless, the Bucherer deal has fundamentally reshaped the dynamic between Watches of Switzerland and Rolex, presenting significant implications for the valuation of this British retail champion.


Tags: FASHIONNEWS FASHION
Cristina Medina

Cristina Medina

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

How to design clothes on roblox

mayo 10, 2023
VOUS Magazine | The May Fashion Edition | Vol.1 | 2024

VOUS Magazine | The May Fashion Edition | Vol.1 | 2024

mayo 14, 2024
alice roberts wedding photos

alice roberts wedding photos

septiembre 16, 2023
80s fashion photographers

80s fashion photographers

septiembre 17, 2023
Bisutex ‘minis’ are sold out with one hundred percent of space contracted

Bisutex ‘minis’ are sold out with one hundred percent of space contracted

1
The Best Street Style From Paris Fashion Week Spring 2018

The Best Street Style From Paris Fashion Week Spring 2018

0
The Best Street Style From Paris Fashion Week Spring 2018

Saint Laurent Introduces the World to Trinidad’s Next Top Model

0
The Best Street Style From Paris Fashion Week Spring 2018

Versace Spring Summer 2018 Rtw

0
COVER STORY – VOUS Magazine | The April Simonetta Lein Edition | Vol.1 | 2025

COVER STORY – VOUS Magazine | The April Simonetta Lein Edition | Vol.1 | 2025

abril 23, 2025
Hale Bob’s First Showroom Arrives in LA, Bringing Fashion to Life

Hale Bob’s First Showroom Arrives in LA, Bringing Fashion to Life

abril 8, 2025
CROPS by FEERIC HUB: fashion’s bold new frontier

CROPS by FEERIC HUB: fashion’s bold new frontier

diciembre 11, 2024
Vice & Velvet by Mohammad Jafari

Mohammad Jafari x Vous Magazine

noviembre 27, 2024

Recent News

COVER STORY – VOUS Magazine | The April Simonetta Lein Edition | Vol.1 | 2025

COVER STORY – VOUS Magazine | The April Simonetta Lein Edition | Vol.1 | 2025

abril 23, 2025
Hale Bob’s First Showroom Arrives in LA, Bringing Fashion to Life

Hale Bob’s First Showroom Arrives in LA, Bringing Fashion to Life

abril 8, 2025
CROPS by FEERIC HUB: fashion’s bold new frontier

CROPS by FEERIC HUB: fashion’s bold new frontier

diciembre 11, 2024
Vice & Velvet by Mohammad Jafari

Mohammad Jafari x Vous Magazine

noviembre 27, 2024
VOUS MAGAZINE

© 2024 Vous Magazine - The best editorial magazine in Spain.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result

© 2024 Vous Magazine - The best editorial magazine in Spain.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Ir a la versión móvil