View single post by oagaspar
 Posted: Sun Oct 9th, 2011 11:01 am
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oagaspar



Joined: Sun Sep 4th, 2005
Location: Akron, USA
Posts: 28626
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 Richemont Group has been planning on opening Rolex boutiques for some time,so it's no surprise that some retail chains like Jareds won't be getting anymore Rolex watches.
....the same thing happened when Swatch Group started opening Omega boutiques around the states...something Nick Hayek Jr. said he had to do,in order to save the Omega image,and boost sales in the U.S....Nick Hayek Jr.'s interview in June/Watch Time did not paint a nice story of why he felt sales of Swiss watches slumped over the past few years in America,one such reason was that sales staff had little knowledge of the product...that could have been changed easily imho,by stores hiring a WIS instead of a clerk!
....personally I viewed Jareds as nothing more than a mall store,outside of the mall,so I am not surprised at the move by Rolex.I also look forward to seeing the Rolex boutiques.