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The answers to what should I wear? A simple question that may not have a easy answer. We make strategic changes all the time in jobs, projects, health, and relationships. Yet, have you ever considered changing your wardrobe?

The Swiss luxury watchmaker, Rolex, has been hit with a $100 million penalty in France over its online sales constraints. The French antitrust body is targeting the prestigious Swiss brand for an unlawful ten-year suppression on vendors selling Rolex's high-end watches via the internet. The financial penalty was collectively given to Rolex France, Rolex Holding SA, the Hans Wilsdorf Foundation, and Rolex SA by the French competition watchdog. The ruling came in response to industry grievances and investigations conducted by the regulator. The French competition agency highlighted a striking discrepancy; while Rolex refrains from selling its esteemed timepieces online, its equally prominent rivals are capitalizing on the digital age by permitting the online sale of their luxury watches, albeit under certain stipulations. The regulator implies that achieving brand objectives doesn't necessarily have to limit competition, suggesting a more stylish and clever approach to manoeuvring the market. #luxury #luxurywatches #luxurygoods

 The Bloomberg Subdial Watch Index tracks prices for the 50 most traded luxury watches on the secondary market by transaction value. The data is provided by Subdial, a pre-owned watch dealer and trading platform based in London. Some of the constituents of this index are 1. Rolex Submariner Date 2. Patek Philippe Nautilus Blue 3. Audemars Piguet Royal Oak Jumbo 4. Rolex Oyster Perpetual 41 Source- Bloomberg, Subdial Watches

⌚ What time is it? 💰 The answer might be worth billions. The luxury watches industry exceeded 26 billion CHF in 2022 and grew to more than 29 billion CHF in 2023. Let's explore which brands reign supreme in 2022. The revenue champs: - ROLEX - Cartier - OMEGA SA The biggest amount of watches sold: - Longines Watch Co. Francillon Ltd. - ROLEX - Cartier What will 2024 bring to the luxury watches industry? Only time will tell. And we may only speculate in the comments below. Tick tock. Tick tock. Follow Leverage Shares for regular updates. #LeverageShares #LuxuryGoods #LuxuryWatches #Rolex #Cartier #Omega Capital at risk.

Here is a paper examining trends in search interest for Rolex across the five major markets in Europe over the last four years. It shows that Rolex is the dominant luxury watch brand in Europe, with rising search interest since 2020. However, Rolex is losing share of search to Cartier whose search volumes have been rising faster. Enjoy the read. #rolex #watches #searchtrends #shareofsearch #trends

Counterfeits and luxury brands - a story as old as time. According to a Uswitch study, the term "fake Rolex" is searched online over 225,000 times each year. Gucci and Louis Vuitton aren't spared either, garnering 118,800 and 87,600 searches, respectively, for their replicas. Read more: #SchroderDavisLaw #FashionLaw #EntertainmentLaw #IPLaw #CounterfeitGoods #Gucci #LV #Rolex https://lnkd.in/eEyjJGji 

NEW ARTICLE - The World of Wristwatches: Where do we go now? Alastair Meiklejon MNAVA FRSA discusses the world of luxury watches after the boom years of 2020-2022. Although it's still a difficult task to walk into a boutique and come out with a ROLEX Audemars Piguet, or a Patek Phillipe, change is slowly happening 1.6 million Swiss watches are being exported every month, and Rolex still has 80% of its catalogue trading at above retail prices. Despite the high demand and scarcity of certain models, the luxury watch market is far from being on the brink of a downturn. Read the full article to find out more: https://bit.ly/47eRfrM #InsuranceValuations #LuxuryWatches

Sebastian Santos highlighted the unique craftsmanship of some notable #luxurywatch #brands such as ROLEX, Patek Philippe, and Bell & Ross which enables them to maintain their #brandintegrity and identity. According to him, these brands have a distinct approach to #designing and creating watches, which sets them apart from other luxury watch manufacturers. Overall, the conversation provided valuable insights into the #luxurymarket and its complexities in India. #luxuryinindia #luxurywatches #mbaesgindia #mbaesgparis #indsutryspeaks #expertsview

NEW ARTICLE - The World of Wristwatches: Where do we go now? I discuss the world of luxury watches after the boom years of 2020-2022. Although it's still a difficult task to walk into a boutique and come out with a Rolex, Audemars Piguet, or a Patek Phillipe, change is slowly happening 1.6 million Swiss watches are being exported monthly, and Rolex still has 80% of its catalogue trading at above retail prices. Despite the high demand and scarcity of certain models, the luxury watch market is far from being on the brink of a downturn. Read the full article to find out more: https://bit.ly/47eRfrM #InsuranceValuations #LuxuryWatches

NEW ARTICLE - The World of Wristwatches: Where do we go now? Alastair Meiklejon MNAVA FRSA discusses the world of luxury watches after the boom years of 2020-2022. Although it's still a difficult task to walk into a boutique and come out with a ROLEX Audemars Piguet, or a Patek Phillipe, change is slowly happening 1.6 million Swiss watches are being exported every month, and Rolex still has 80% of its catalogue trading at above retail prices. Despite the high demand and scarcity of certain models, the luxury watch market is far from being on the brink of a downturn. Read the full article to find out more: https://bit.ly/47eRfrM #InsuranceValuations #LuxuryWatches