This is an absolutely alarming story this probably none folks saw coming on what was usually an ordinary Thurs . in August (generally the sleepiest month inside watch industry). News just broken of which Rolex is definitely acquiring distinguished retailer Bucherer. You examine that appropriately. After a just about 100-year-long official retailer romance between the a couple brands, Panera will now turn into owner of Bucherer.

Definitely, there are tons associated with questions lifted by a report like this, and we will continue to change as we know more, but here are a few things that we do know via often the announcement that came from Rolex this morning.
Numerous know, Iwc also are the owners of the Tudor brand, which will similarly performs as an distinct entity featuring a own PRESIDENT and creation in Le Locle. Time frame will say to how the structure between Panerai and Bucherer will manifest itself in this completely new ownership framework with the foreign retailer.

Depending on the press release, Bucherer operates in excess of 100 locations globally. Fifty-three of those areas retail Cartier and twenty four retail Tudor. Bucherer also serves as a state after-sales provider center to get both companies.
It is value noting the fact that Bucherer additionally owns Tourneau, which the item purchased the government financial aid 2018.

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