Connect with us

Headlines

Rolex to Add 3 Temporary Factories Due to High Demand

They’ll begin production in 2025.

mm

Published

on

Rolex plans to expand production with three new plants in Switzerland.

The temporary factories will begin production in 2025, Bloomberg reports.

The factories will be located in the country’s Fribourg canton. They are in addition to a $1 billion factory in Bulle, Switzerland. That plant is expected to be completed in 2029.

Bloomberg notes that at the moment, “new [Rolex] watches are generally unavailable for immediate purchase through the company’s authorized network.”

That has led to buyer waiting lists at some dealers and has pushed up prices for used Rolexes.

Advertisement

Advertisement

SPONSORED VIDEO

Retiring? Let Wilkerson Do the Heavy Lifting

Retirement can be a great part of life. As Nanji Singadia puts it, “I want to retire and enjoy my life. I’m 78 now and I just want to take a break.” That said, Nanji decided that the best way to move ahead was to contact the experts at Wilkerson. He chose them because he knew that closing a store is a heavy lift. To maximize sales and move on to the next, best chapter of his life, he called Wilkerson—but not before asking his industry friends for their opinion. He found that Wilkerson was the company most recommended and says their professionalism, experience and the homework they did before the launch all helped to make his going out of business sale a success. “Wilkerson were working on the sale a month it took place,” he says. “They did a great job.”

Promoted Headlines

Most Popular