
First Look Breitling Showcases Its Latest Movement in the Top Time B31 Editions
Welcome to the hub of the horoloy
Does that mean anything?
In a strategic move that signifies Rolex's entry into direct consumer sales, the Swiss watch giant has acquired Bucherer AG, a prominent luxury watch retailer with a global presence of over 100 stores. This acquisition integrates Bucherer's expansive retail and distribution network into Rolex's fold, enhancing its visibility and stature in the luxury watch market.
The collaboration between the two brands is not new. Bucherer's historical ties with Rolex trace back to 1924 when Ernst Bucherer partnered with Rolex's founder. This relationship has stood the test of time with Bucherer retailing Rolex watches across many of its outlets. Notably, Jörg Bucherer, the founder's grandson and the last active link to Rolex's founder, made the acquisition decision, partly due to a lack of heirs. In honor of their shared history, Jörg will remain as the honorary president.
Despite the acquisition, Bucherer is set to retain its independence and will continue its operations under its established name. Furthermore, it's emphasized that their relationships with other retailers will remain unaffected.
This move by Rolex, already a leader with annual sales of over 1.2 million watches, not only strengthens its position but also opens doors for a broader range of watch sales through its outlets, marking a deviation from its traditional model. The financial intricacies of the deal, however, have not been disclosed.
Introducing The New Chopard L.U.C Lunar One & Flying T Twin Perpetual
News Patek Philippe Retires the Nautilus 5712A
Introducing Stepan Sarpaneva Unveils the Moomin 80
Introducing The New Bremont Terra Nova Collection with 3 Bronze Models
Introducing The New Perpetual Calendar Trio from Audemars Piguet
Opinion Understanding Jacob & Co. and Hublot
Introducing Czapek Expands the Promenade Collection with New Plissé Dials
Auction Sotheby’s Announces the Largest Auction Dedicated to Breguet Timepieces
Introducing Breitling Celebrates Amsterdam's Rich History on Its 750th Anniversary
Introducing Grand Seiko Two New Heritage 62GS 30mm STGK031 & STGK033
Introducing Ulysse Nardin Unveils The Blast[Amoureuxpeintre]
Comment Delete Text
This page is available in English only. Please click below to visit Arabic Home page!