VINNY
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Dealer ADMITS that unworn Rolexes now DIFFICULT to source as waitlists FALL
The luxury watch market is facing its biggest challenge in years. Retail sales are plummeting, Watches of Switzerland has seen its stock tank by nearly 40% in the past year, and China-once a massive growth engine-has reported a catastrophic 50% drop in demand. This is more than a slowdown-it’s a crisis. What does this mean for the future of luxury watches, the grey market, and even the direction brands like ROLEX, OMEGA and CARTIER will take in 2025?
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ความคิดเห็น

  • @vadergrd
    @vadergrd ชั่วโมงที่ผ่านมา

    let's not kid ourselves , quartz will never have the heritage of the automatic movements , i'd rather have a lower tiered automatic brand than a let's say quartz omega ... the mechanism is the value.

  • @markdavey4466
    @markdavey4466 ชั่วโมงที่ผ่านมา

    The bubble has finally burst and I personally don’t have any sympathy. They have had a license to print money for far too long. I recently tried to exchange 2 tag heuer red bull and f1 watches both 2 years old in mint condition in exchange for a tag heuer used priced at £6500 only to be offered £550 for both pieces. I will no longer buy in this market and will limit my purchase to no more than £500 new. And wear the watch and enjoy my purchase rather than think your going to make any money back

  • @gradywilson9213
    @gradywilson9213 ชั่วโมงที่ผ่านมา

    Warren Buffet known as the Oracle of Omaha could be argued to be the greatest investor in history. He is predicting 2025 to be a bad economic year, he went as far as to say many are not going to survive the year. Now I speaking, the very moment there is any economic instability the first thing people do is stop luxury buying. During the 2008 market collapse, there were people pawning Ferrari s in Los Angeles. My thoughts hold on to your money, reduce debt, and wait to see what happens. If Buffet 's predictions come true, one may be able to pick up a luxury watch from someone who needs the money for a song.

  • @biswajit6755
    @biswajit6755 2 ชั่วโมงที่ผ่านมา

    Respect your customers u will get rewarded or else will be discarded by ur customers.

  • @freepirate4470
    @freepirate4470 4 ชั่วโมงที่ผ่านมา

    Don't bet your future on nations that have never embraced free markets and strong private property rights. As well as being full of corruption and a lack of real innovation to grow their economies. Nations like this can be here today, gone tomorrow.

  • @christopherlangaigne9260
    @christopherlangaigne9260 5 ชั่วโมงที่ผ่านมา

    They keep raising prices and treating customers with contempt.

  • @dannysimenauer5745
    @dannysimenauer5745 9 ชั่วโมงที่ผ่านมา

    Wow, there is a lot to unpack in this 10 minute video. First, Watches of Switzerland is emblematic of the AD's who still are holding onto the Pandemic Games climate. WoS has turned off so many of their potential new Rolex customers that it is good to see now the results of their poor treatment of new Rolex customers hitting them in their stock price. I have been on the personal end of WoS sales treatment, and can't wait to pay them back when the tine is right. Second, Vinny croons about the brands going back to more affordable pieces. The fact is Rolex and their ADs are promoting precious metal pieces over entry level peces like the Oyster Perpetual watches which would bring in new buyers to the brand. Rolex started 2025 with a price increase so I am not sure what Vinny sees when he made this comment. Thirdly, until the brands and the ADs throw away their infamous Exhibition Only signs that they worship so dearly (I like to walk into the AD and ask to buy them outright to tweak the sales person), the customer should just stay out of the boutique. Only then will Rolex and AD show they are serious about treating customers like the real asset we are, and stop the retail abuse they think they are entitled to deliver.

  • @WristHunt
    @WristHunt 9 ชั่วโมงที่ผ่านมา

    Rolex made their deathbed, now its time to lay in it. Also fyi for those who don't know Rolex in asia is rejecting warranty for pieces which have been opened or polished. So.. grey market has become even more unappealing.

  • @michaelfonseka7657
    @michaelfonseka7657 10 ชั่วโมงที่ผ่านมา

    KARMA is a bitch!!!😂

  • @watchesdreams
    @watchesdreams 15 ชั่วโมงที่ผ่านมา

    WOS told me to drive to Manchester from London to express my interest in a GP Laureato they had in stock. No guarantees I could actually buy the watch. Maybe I needed a better spend history on other items they said. After that experience, I will NEVER EVER shop from WOS now they are begging for our custom.

  • @woonfaseng8737
    @woonfaseng8737 15 ชั่วโมงที่ผ่านมา

    being a ethnic chinese Singaporean , i can tell u guys china is definitely gradually crashing economically in coming 5 to 10 years. it will no longer be any economic leading force or factor in coming decades.

  • @baderq81
    @baderq81 16 ชั่วโมงที่ผ่านมา

    For Rolex steel models I doubt seeing retail prices on unworn anytime soon

  • @MTbone7
    @MTbone7 16 ชั่วโมงที่ผ่านมา

    Very pretty studio man

  • @malthus101
    @malthus101 16 ชั่วโมงที่ผ่านมา

    Wait - what are you saying about the Rodium 40mm Yahctmaster? I've wanted that watch for years, from when it was a "shitter"!

    • @vinnyfranciswatches
      @vinnyfranciswatches 15 ชั่วโมงที่ผ่านมา

      no it’s a beauty, just not the most wanted Rolex at the moment

    • @malthus101
      @malthus101 12 ชั่วโมงที่ผ่านมา

      @@vinnyfranciswatches that suits me just fine! (even though I still can't afford it, fml)

  • @JohnnyDouchbag-nr5yf
    @JohnnyDouchbag-nr5yf 17 ชั่วโมงที่ผ่านมา

    I've been waiting for a blue dial yacht master for 3 years. Still haven't got the call

    • @vinnyfranciswatches
      @vinnyfranciswatches 17 ชั่วโมงที่ผ่านมา

      really?? I promise you that if you enquire again or at another AD you should only be waiting a matter of weeks for that piece now…they’ve simply forgotten about you, you’re not waiting

  • @Kurt49
    @Kurt49 17 ชั่วโมงที่ผ่านมา

    I just went to my Rolex AD in Glasgow last week to check if I'm still on the waiting list for the no-date submariner. The woman said we never take you off the list and I said I have been on the list for over 3 1/2 years. she said I would have to be patient . I just ordered a Ginault Ocean Rove ll 2.5 will be here in 6 weeks. Rolex can stick it ,I also sold my 2020 AirKing because I really don't want anything to do with Rolex ever again.

  • @christopherligori6113
    @christopherligori6113 18 ชั่วโมงที่ผ่านมา

    Great video

    • @vinnyfranciswatches
      @vinnyfranciswatches 17 ชั่วโมงที่ผ่านมา

      Glad you enjoyed it thanks for watching !

  • @BufanMuayThai
    @BufanMuayThai 18 ชั่วโมงที่ผ่านมา

    People buying watches to wear, which is the waste majority, after many learned watches aren’t investments, doesn’t care much if a used watch is unworn. Condition and accessory will be the factor. And, if it’s a watch to wear, minute hairlines doesn’t play much of a factor if they can save some money. Same as with cars… don’t buy new. Let someone else take the first hit. Also, grey dealers are still sitting on stockpiles they accumulate during the hype years. There will be fierce competition to get out of these, as sales are fewer in between, which means dropping prices still.

    • @vinnyfranciswatches
      @vinnyfranciswatches 15 ชั่วโมงที่ผ่านมา

      hmm you’d be surprised, there are many many stubborn buyers that want new, they don’t want visibly used but yes ‘handling marks’ i guess are acceptable to most

  • @alexm9718
    @alexm9718 18 ชั่วโมงที่ผ่านมา

    A bloke ran into my rolex dealer and smashed his bellend into the cabinet and shouted suck this fucker, I left the store immediately

  • @mn1801
    @mn1801 19 ชั่วโมงที่ผ่านมา

    Rolex will continue to rule supreme NMW.

  • @m8tyone
    @m8tyone 20 ชั่วโมงที่ผ่านมา

    I think you are wrong about quartz’s coming back. Quartz watches are so yesterday. For luxury watches SOLAR is a must for the price. I think it is just plain stupid to pay exorbitant prices for a quartz watch. If you fancy quartz, buy TIMEX.

    • @vinnyfranciswatches
      @vinnyfranciswatches 19 ชั่วโมงที่ผ่านมา

      but that was my point, they won’t be exorbitant prices, imagine a seamaster…exactly the same watch but with a quartz movement inside for £3k rather than £5.5k, just like they used to do, it opens up a whole new market for them

  • @g9icy
    @g9icy 20 ชั่วโมงที่ผ่านมา

    And yet all watch brands will still raise the prices of watches way more than inflation this year. They're all taking the piss with their prices. Panerai Submersible at 8k?? As if. And while I LOVE my Rolex Explorer, it's not worth £6500, and no, a submariner is absolutely not worth 9k either. They're TOOL watches. Well made, sure, but they're made to have the shit beaten out of them, but they've become silly luxury items instead that nobody dare wear to do any real work out of fear of losing value (myself included!).

    • @vinnyfranciswatches
      @vinnyfranciswatches 20 ชั่วโมงที่ผ่านมา

      This has puzzled me too, inflation has been very high these past few years however brands have, despite falling sales, continued with hikes above and beyond the high inflation! why?

  • @sdcoinshooter
    @sdcoinshooter 21 ชั่วโมงที่ผ่านมา

    I’ll believe it when I can walk in to any Rolex AD and buy any model I want at MSRP. I very much doubt that will happen this year, or for several more.

  • @alexm9718
    @alexm9718 22 ชั่วโมงที่ผ่านมา

    Anthony mcwankshaft stole my watch and wanked off in the Iwjg carpark

  • @londoncallingwithsimon6817
    @londoncallingwithsimon6817 22 ชั่วโมงที่ผ่านมา

    Thanks for the info in this video. One aspect doesn’t make sense. If there’s a shortage of unworn watches on the grey market, this will surely lead to prices for them increasing again, perhaps not as madly as before but small incremental increases are more likely than being ‘locked in’ , don’t you think?

    • @jim_herd
      @jim_herd 10 นาทีที่ผ่านมา

      If the waitlists are ending, who’s going to be buying unworn pieces from grey market dealers? I wouldn’t touch them with a barge pole. One day, I might grace an AD with my presence when they’ve got plenty of inventory and are offering discounts.

  • @DJModsChannel
    @DJModsChannel 22 ชั่วโมงที่ผ่านมา

    Bye Felicia (rolex)

  • @iankuah8606
    @iankuah8606 23 ชั่วโมงที่ผ่านมา

    China's economy is tanking. The property sector that makes up 30% of their GDP is trillions in debt. Xi Jiping's flagship Belt & Road Initiative came to a grinding halt due to Covid, and his Zero Covid policy destroyed China's middle-class.

  • @peterrichardson9248
    @peterrichardson9248 23 ชั่วโมงที่ผ่านมา

    Still waiting for my Pepsi GMT since April 2021. Still the same nonsense “for display only not for sale”.

  • @DecemberNames
    @DecemberNames วันที่ผ่านมา

    its true, I see Rolex AD's in china post daily their watches they want to sell.

  • @RD-wg2nt
    @RD-wg2nt วันที่ผ่านมา

    All that guff to buy a watch brand that nobody cares about on your wrist….

  • @adamwest5625
    @adamwest5625 วันที่ผ่านมา

    Imagine being an absolute dildo who paid way over retail for a Tiffany blue OP41 just a couple of years ago 😂😂😂

  • @Drazorig2
    @Drazorig2 วันที่ผ่านมา

    Great to see this happening, why should customers have to beg an AD to sell them a watch? When we all know its just a preference list, reserved for their rich clients. Rolex stores are just a glorified museum.

  • @bushpig6837
    @bushpig6837 วันที่ผ่านมา

    Rolex are more common that Toyota Corolla. They've had 4 years to build a second factory if the scarcity is real, which I don't believe it is.

  • @John-d8l9d
    @John-d8l9d วันที่ผ่านมา

    Thanks for the breakdown! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). How can I transfer them to Binance?

  • @TheZanshen
    @TheZanshen วันที่ผ่านมา

    Roles waiting list is bullshit and is coming back to bite them, Seiko beats then hands down period at a fraction of the cost.

  • @toyshanger8945
    @toyshanger8945 วันที่ผ่านมา

    But I am still waiting 😂I mean seriously I don’t want to buy other junk to buy a Rolex. Is simple as that.

  • @MrHav1k
    @MrHav1k วันที่ผ่านมา

    Thank goodness... NORMALITY!!

  • @Zotrax1946
    @Zotrax1946 วันที่ผ่านมา

    3:38 retail prices of most Rolex models are cheaper, aren’t they?

  • @johnnyhuie74
    @johnnyhuie74 วันที่ผ่านมา

    in my humble opinion only people that would buy a quartz luxury watch is strictly because they want the name

  • @andrewjackson8089
    @andrewjackson8089 วันที่ผ่านมา

    If you can afford a Rolex you can afford the grey market premium……buy the watch you want on the day…..

    • @toyshanger8945
      @toyshanger8945 วันที่ผ่านมา

      I’m not supporting inflated prices. To me these are people who don’t want the watches but scalp to increase the price. Too bad for me but is also to protect myself from fakes.

  • @Mike_Watches_Things
    @Mike_Watches_Things วันที่ผ่านมา

    Watch brands created this environment……… let them rot. Another year of uninspiring new releases on the horizon and another group of enthusiasts moving on to pastures new. Luxury brands will be having fire sales going into 2026 due to consumers having to be smart with finances. We’re heading towards the next level of the economic crash (biblical in the U.K.) and the last thing on everyone’s minds is going to be time pieces. Casio are going to have a field day.

  • @Decan2805
    @Decan2805 วันที่ผ่านมา

    I have been on a “list” and two AD’s for 8 months, nothing yet. The last AD I went into in Bristol had the watch I wanted on display, and a few others I would have considered, and wouldn’t sell me a single thing.

  • @good2goskee
    @good2goskee วันที่ผ่านมา

    duh! China is in the shitter. What do you expect?

  • @b.santos8804
    @b.santos8804 วันที่ผ่านมา

    Eh - anecdotally, i was just in a mall recently whuch has a number of jewelry stores, most of which sell mid-tier luxury watches as well as Rolexes. There were plenty of Breitling, Tag Heuer, Tudor, Omega, Longines, and the like, but their Rolex displays (which are on rhe outside windows to entice mall-goers to come inside) were ridiculously empty. I mean, where there's room to display say, 4 or 5 different watches on a display stand, they only have one - and it's often like a 28mm ladies' datejust. So, at least where i live, either demand still far outstrips supply, and the ADs can still play their "Silly peasant, Rolexes are for Kings!" games, or Rolex is deliberately trying to go out of business by refusing to even *display* their wares!

  • @m.m.1508
    @m.m.1508 วันที่ผ่านมา

    I can still remember when Rolex dealers would practically beg you to buy their watches…. Now, they’ve gotten so snooty it’s such a turn off. F the flippers

  • @m.m.1508
    @m.m.1508 วันที่ผ่านมา

    Overpriced is an understatement

  • @Ano-d5o
    @Ano-d5o วันที่ผ่านมา

    Bro, your table is so shaky

  • @poolmonkey
    @poolmonkey วันที่ผ่านมา

    I think the slowing demand will precipitate a more severe downward spiral...once any of us proles can walk in to the dealer and buy a Rolex, they won't be nearly as desirable to us proles. Kind of a catch-22.