Breaking News: Rolex Acquires Storied Retailer Bucherer

Rolex has surprised the watch industry by acquiring renowned retailer Bucherer, raising questions about the future structure of the brands.

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Relevant topic timeline:

8/25/2023

Watches of Switzerland shares plunge by a quarter after Rolex buys retailer Bucherer

Luxury watchmaker Rolex's acquisition of watch retailer Bucherer has caused a 25% drop in the value of the Watches of Switzerland Group, although the group insists the move is solely for succession planning and not a strategic entry into the retail market.

8/25/2023

Rolex’s deal is ticking time bomb for retailers

Shares in luxury retailer Watches of Switzerland (WoS) dropped after Rolex purchased Swiss store chain Bucherer, sparking fears that Rolex may start selling through its own shops and potentially disrupting WoS's business model.

9/5/2023

Rolex’s direct retail stake may shake up a big seller’s market

Rolex's acquisition of Swiss retailer Bucherer threatens the position of Britain's Watches of Switzerland Group (WoS), which generates half of its sales from Rolex timepieces, as WoS may face competition from its biggest supplier and see sales come under pressure.