3 ms·
As I was reading about the scale of their production process, I had to wonder how many people actually buy rolexes, turns out it's been less and less every year
by hobo_mark 10y ago
As I was reading about the scale of their production process, I had to wonder how many people actually buy rolexes, turns out it's been less and less every year since quite a while:
https://twitter.com/vexmark/status/771182258099073024 https://twitter.com/vexmark/status/771182258099073024
"The Swiss watch industry is grappling with some of its toughest times since the quartz crisis of the 1970s and 1980s, when battery-powered watches threatened to make mechanical timepieces obsolete. A drop in Asian tourism to Europe has added to a laundry list of challenges including the strong franc and a four-year anti-graft campaign by the Chinese government."
https://www.bloomberg.com/news/articles/2016-10-20/swiss-watch-exports-drop-15th-month-longest-slump-on-record https://www.bloomberg.com/news/articles/2016-10-20/swiss-wat...