m2
1539
Labor shortage
Sep 22, 2021,22:23 PM
Google “labor shortage”
Look at the articles on it. Historically difficult time to hire
Comments:
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Rolex Production Statement …
By: Cpt Scarlet : September 22nd, 2021-21:18
"The scarcity of our products is not a strategy on our part. Our current production cannot meet the existing demand in an exhaustive way, at least not without reducing the quality of our watches – something we refuse to do as the quality of our products m...
Interestingly
By: Cookies : September 23rd, 2021-03:39
Rolex is monitoring instagram or instagram is monitoring Rolex. Either way. If you try posting a boycott post and hashtag Rolex, it gets removed instantly.
Strange phenomenon
By: Cookies : September 23rd, 2021-03:43
First the ZW had some posting issue on insta. Today, i tried posting a hashtag on rolex on insta and it was instantly removed. Makes me wonder who really runs insta nowadays. They can silence opinions as they wish.
At least they didn’t disable your account…
By: Clueless_Collector : September 23rd, 2021-03:56
Try the words Aquanaut, 5167A in comments or in hashtags. Too much censorship…makes me wonder if US is becoming like China now 😅😜
This is the first I've heard of this...
By: patrick_y : September 24th, 2021-19:04
Probably some executive at Instagram/Facebook who can't get his Patek or Rolex and is trying to do what he can to curb the wait list. Remember when Silicon Valley peeps were hacking the restaurant reservations for State Bird Provisions... This is how Sili...
Hmm. How strange...
By: patrick_y : September 24th, 2021-22:41
Some Instagram employee probably classified it under some sort of "political hate speech" or something. Or the algroithm caught it as something and the persons overseeing the algorithm didn't reverse the algorithm's red-flagging of it. Or some Instagram e...
Hi Fab …
By: Cpt Scarlet : September 22nd, 2021-22:13
It was certainly an interesting decision to release a statement at this point in the Rolex saga. I was particularly interested in the last paragraph of the statement “ Finally, it should be noted that Rolex watches are available exclusively from official ...
Agreed. And very empty statement.
By: patrick_y : September 24th, 2021-19:05
They're just saying, "it's not our fault" and that it might be the fault of the dealers who independently make the allocations to their customers.
How much is really done by hand??
By: sludgeriff : September 22nd, 2021-21:39
I’ve been told by many in the watch industry that Rolex watches lack the human touch. Some will tell you that the movement is still regulated by hand and that everything else is done by machine. Others say the entire production process is automated and no...
With a huge break
By: m2 : September 22nd, 2021-22:22
Production was paused. Afaik normal years are into the 7 figure mark.
Usually 1.000.000 pieces indeed
By: VinnieD : September 23rd, 2021-06:58
From what I heard (someone who visited the factory), a human is taking care of the assembly but there is a crazy automated parts warehouse that the worker can just summon at any time to get the needed part. Many of us here would pay dearly to have the cha...
Labor shortage
By: m2 : September 22nd, 2021-22:23
Google “labor shortage” Look at the articles on it. Historically difficult time to hire
+1
By: Cookies : September 23rd, 2021-03:28
I’m thinking of boycotting Rolex shortly. I had enough of the hype and feel very insulted every time I make a sincere effort to buy a piece.
That being said
By: Cookies : September 23rd, 2021-12:54
AP service is top notch. I sent the service centre an email about servicing my piece today, and they replied very quickly and efficiently. I guess the reality of the industry is of inelastic demand - they can price it how they like it and it is up to the ...
👍🏻
By: Stoikos : September 24th, 2021-19:49
Very disappointing statement/transparent marketing opportunity...
By: oyster case : September 23rd, 2021-00:53
The way they've so pedestrianly leveraged the current sales dynamic into a self congratulatory sales pitch ("by hand" no less), is as transparent as their ending reference to allocation (not our fault, ok) and borders on the ridiculous. If this is all the...
I Believe Rolex
By: enjoythemusic : September 23rd, 2021-02:06
We have material shortages, shipping delays, finding additional quality watchmakers, expanding production only to the 'safest' levels..... A problem is extreme currency production by central banks that is far outstripping the supply of material goods to p...
Exactly
By: Cookies : September 23rd, 2021-03:30
Move on to other brands offering wonderful stuff. Go Omega, Blancpain and Grand Seiko. Let’s see if they can capture the pie that Rolex “rejected”. If they continue doing this, they will have a huge backlash and loss of confidence from all consumers. We a...
Time for me to exit
By: Cookies : September 23rd, 2021-04:58
It’s time for me to sell off my Rolex. I don’t even bother about making a profit. It defeats the spirit of watch collecting. My friends from Middle East told me in their culture, it is frowned upon to hoard over commodities and raise the prices artificial...
Yes, I was surprised Tudor became the herring
By: Cookies : September 23rd, 2021-08:18
It is as though they use tudor to temporarily satisfy the hunger for those who want something similar. This was mentioned in quite a few podcasts and youtube bloggers.
Ha!
By: Stoikos : September 23rd, 2021-11:29
I tend to believe this statement!
By: ZSHSZ : September 23rd, 2021-12:33
Also find it proper. ROLEX should just focus on making quality watches without compromises, and AD’s should worry about selling them. I personally value loyalty to an AD and vice versa. I feel that we see the same tendency in most other brands, AP, Patek,...
Good one 🤣
By: holdemchamp1225 : September 23rd, 2021-17:45
Sensitive and surpricing
By: Weems@8 : September 23rd, 2021-17:20
The company make a lot of advertising. This could fuel up the demand, so me as a non commercial person do not understand it. Capacity is limited, ok, this is possible. New production locations is for special products not easy maybe. A luxury problem anywa...
That is a clear reply
By: Weems@8 : September 23rd, 2021-18:10
Agree. How Rolex watches roll into grey market. Someone sells his watch to a grey trader. Grey trader buy not popular Rolex watches. Time changes, the public now want the models. For example the Milgauss, Oyster quartz. Sure, also submariners find ways to...
Hi Boris …
By: Cpt Scarlet : September 24th, 2021-09:53
Thank you for sharing your thoughts on this subject. Do you feel that the Rolex AD network is a significant part of the problem ?
Hi Captain
By: Boris : September 24th, 2021-11:30
I think it is a significant problem at least in HK. The example I gave above is now in practice at some major Rolex AD’s, i.e. if the retail price is HKD 70k and the market price HKD 120k, they sell you the watch with an official receipt for the retail pr...
Thanks for sharing, Captain!
By: Sfwatchlover : September 24th, 2021-12:43
Most of the time I dropped by my local Rolex AD in a big mall, I saw happy folks coming in to pick up their watches. They got the calls apparently, came in, sat at the counter, and later walked out with a green bag. It looks like that there are still a lo...
I agree
By: atat : September 24th, 2021-19:04
This is Rolex
My brilliance
By: alexxelor : September 24th, 2021-19:16
I can say that I’m an old Rolex collector even if I’m not old... Of all the Rolex currently in production, I only like the Platinum Daytona. The other references, Daytona steel, all the rubber l, all submariners and Gmt are transitional models, which I do...