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Sales of CHF 8 billion at wholesale for Rolex translates to over CHF 12 billion at retail, excluding VAT. The Morgan Stanley estimate — which Rolex will not confirm — increases the brand’s stranglehold on the global market for luxury Swiss watches, giving it a 29% share .Address. ITP PROMEDIA LTD. 16-25 Bastwick Street London EC1V 3PS .Rolex sales rocketed to an estimated CHF 8.05 billion in 2021, according to the .
Rolex production dropped by 140,000 units (19%) last year to 810,000 timepieces .Sales at Rolex rise to CHF 9.3 billion, over CHF 2 billion more than the combined .Rolex turnover and competitors. In 2021, Rolex retained its position as the number one watch brand by revenue. A position that the company has held for many years. The revenue of the .
Sales of CHF 8 billion at wholesale for Rolex translates to over CHF 12 billion at retail, excluding VAT. The Morgan Stanley estimate — which Rolex will not confirm — increases the brand’s stranglehold on the global market for luxury Swiss watches, giving it a 29% share of total sales at retail.Rolex turnover and competitors. In 2021, Rolex retained its position as the number one watch brand by revenue. A position that the company has held for many years. The revenue of the top 3 brands in 2021 are the following: Rolex: CHF 8.05 billion excluding VAT. Cartier: CHF 2.4 billion excluding VAT (40% growth year over year)
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According to new data compiled by WatchPro, the iconic Geneva maker accounted for one-quarter of the industry’s total turnover in 2020. Rolex generated approximately .5 billion (CHF 8. Sales at Rolex rise to CHF 9.3 billion, over CHF 2 billion more than the combined turnover of all watchmakers at Swatch Group and Richemont. Rolex sales rocketed to an estimated CHF 8.05 billion in 2021, according to the respected annual report on the Swiss watch industry by Morgan Stanley in collaboration with LuxeConsult, a Geneva-based firm specialising in the watchmaking industry. The market share of the Rolex brand grew from 28.8% in 2021, 29.2% in 2022 to 30.3% in 2023. At the group level, on the other hand, market share is recorded a small decline this year. In 2020 it was 26.8%, in 2021 30.5%, in 2022 30.9%, and in 2023 it dropped to 30.3%, marking a -0.6%.
Rolex production dropped by 140,000 units (19%) last year to 810,000 timepieces last year but still gained market share as brands from LVMH, Swatch Group and Richemont contracted faster. Turnover for Rolex dropped by 14% to CHF 4.42 billion, according to a Morgan Stanley and LuxConsult research paper on the Swiss watch industry in 2020 thanks .The Watches of Switzerland Group PLC annual report for 2021. Comparing 2021 with 2019, Rolex made a stellar growth of almost 60% in terms of revenue. However, the report suggests that there was a marginal increase in average prices and units produced. According to Morgan Stanley, the rise in revenue can be attributed to Rolex’s decision to replace some models with more expensive variants, which could .
Rolex now holds approximately 24.9 percent of the global market amongst Swiss watches. With a quarter of the market, its retail sales value tallies to .5 billion USD.
Sales of CHF 8 billion at wholesale for Rolex translates to over CHF 12 billion at retail, excluding VAT. The Morgan Stanley estimate — which Rolex will not confirm — increases the brand’s stranglehold on the global market for luxury Swiss watches, giving it a 29% share of total sales at retail.
Rolex turnover and competitors. In 2021, Rolex retained its position as the number one watch brand by revenue. A position that the company has held for many years. The revenue of the top 3 brands in 2021 are the following: Rolex: CHF 8.05 billion excluding VAT. Cartier: CHF 2.4 billion excluding VAT (40% growth year over year)
According to new data compiled by WatchPro, the iconic Geneva maker accounted for one-quarter of the industry’s total turnover in 2020. Rolex generated approximately .5 billion (CHF 8.
Sales at Rolex rise to CHF 9.3 billion, over CHF 2 billion more than the combined turnover of all watchmakers at Swatch Group and Richemont. Rolex sales rocketed to an estimated CHF 8.05 billion in 2021, according to the respected annual report on the Swiss watch industry by Morgan Stanley in collaboration with LuxeConsult, a Geneva-based firm specialising in the watchmaking industry. The market share of the Rolex brand grew from 28.8% in 2021, 29.2% in 2022 to 30.3% in 2023. At the group level, on the other hand, market share is recorded a small decline this year. In 2020 it was 26.8%, in 2021 30.5%, in 2022 30.9%, and in 2023 it dropped to 30.3%, marking a -0.6%. Rolex production dropped by 140,000 units (19%) last year to 810,000 timepieces last year but still gained market share as brands from LVMH, Swatch Group and Richemont contracted faster. Turnover for Rolex dropped by 14% to CHF 4.42 billion, according to a Morgan Stanley and LuxConsult research paper on the Swiss watch industry in 2020 thanks .
The Watches of Switzerland Group PLC annual report for 2021.
Comparing 2021 with 2019, Rolex made a stellar growth of almost 60% in terms of revenue. However, the report suggests that there was a marginal increase in average prices and units produced. According to Morgan Stanley, the rise in revenue can be attributed to Rolex’s decision to replace some models with more expensive variants, which could .
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