Herald in Scotland<\/em><\/a><\/strong><\/span>, WoSG chief executive Brian Duffy reveals that half of the Rolexes the company sells are to people on a waiting list.<\/p>\n\u201cWe always have that big long list. We are the [UK’s] biggest retailer of Rolex, which is a huge strength. It is half of our business, and there is more demand than supply. We are in a very fortunate position to be representing these brands,\u201d he adds.<\/p>\n
Rolex mothballed manufacturing for more than two months during the Coronavirus pandemic, and is expecting to have lost at least one quarter of production capacity for this year.<\/p>\n
Delivery to retailers resumed around one month ago, but most of the supplies were already sold to customers that were on waiting lists going into the lock down.<\/p>\n
“We had some availability of product and we worked that list over the past few weeks. That is what people are now coming in to collect,” Mr Duffy explains.<\/p>\n
Rolex has not commented on its strategy to roll out monobrand stores, but an increasing number of authorised dealers have been opening or refurbishing stores to create Rolex boutiques.<\/p>\n
Prestons opened in Leeds last year and David M Robinson made space for a Rolex room in Manchester.<\/p>\n
Mr Duffy has previously told WatchPro<\/em> that building more dedicated space for Rolex has proven to be the only way to persuade the watchmaker to allocate it more product.<\/p>\nRolex accounts for 53% of turnover for WoSG worldwide.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Watches of Switzerland Group will open its largest Rolex store in the UK this week but customers still face never-ending waiting lists.<\/p>\n","protected":false},"author":3,"featured_media":53658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_hide_updated_date":false},"categories":[7024,2],"tags":[63,10989,188],"newspack_lstngs_evt":[],"newspack_lstngs_gen":[],"newspack_lstngs_mkt":[],"newspack_lstngs_plc":[],"acf":[],"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"WATCHPRO","distributor_original_site_url":"https:\/\/www.watchpro.com","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/posts\/53656"}],"collection":[{"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/comments?post=53656"}],"version-history":[{"count":0,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/posts\/53656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/media\/53658"}],"wp:attachment":[{"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/media?parent=53656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/categories?post=53656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/tags?post=53656"},{"taxonomy":"newspack_lstngs_evt","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/newspack_lstngs_evt?post=53656"},{"taxonomy":"newspack_lstngs_gen","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/newspack_lstngs_gen?post=53656"},{"taxonomy":"newspack_lstngs_mkt","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/newspack_lstngs_mkt?post=53656"},{"taxonomy":"newspack_lstngs_plc","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/newspack_lstngs_plc?post=53656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}