Rolex breaks its silence with a rare comment about the shortage of its watches: 'The scarcity of our products is not a strategy on our part' - NewsBreak
By Gesard in Business
Updated 3 years ago
Rolex said the shortage of its watches is "not a strategy" in response to a story by Yahoo Finance. The Swiss company is notoriously secretive about its production and distribution. Even with the constrained supply, Rolex commands 25% of the global luxury watch market. Back when Rolex collector and expert...