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Morgan Stanley's report reveals Rolex as the leading Swiss watch brand with a 30% market share, followed by Cartier, Omega and Audemars Piguet. Swatch Group's MoonSwatch was the fastest growing brand, while LVMH and Kering struggled. On Wednesday, Morgan Stanley published a report that shows Rolex raked in .
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Morgan Stanley's report reveals Rolex as the leading Swiss watch brand with a 30% market share, followed by Cartier, Omega and Audemars Piguet. Swatch Group's MoonSwatch was the fastest growing brand, while LVMH and Kering struggled. On Wednesday, Morgan Stanley published a report that shows Rolex raked in 10.1 billion Swiss francs (.5 billion) for the first time in 2023. It achieved the historic amount as its retail. Rolex sales crested billion for the first time as the top Swiss watch brand gained market share, according to a report by Morgan Stanley. The dominant Swiss luxury watch brand produced.
Rolex dominates the luxury watch market with over 30% share and records its highest sales ever in 2023, according to Morgan Stanley. The brand outperforms other top brands like Cartier, Omega, Patek Philippe and Audemars Piguet, which also report impressive growth. Rolex generated approximately .5 billion (CHF 8 billion) in retail sales last year, a figure that means it holds approximately 24.9 percent of the global market for Swiss watches, compared.
(Bloomberg) — Rolex sales crested billion for the first time as the top Swiss watch brand gained market share, according to a report by Morgan Stanley. The dominant Swiss luxury watch brand. Sales at Rolex rise to CHF 9.3 billion, over CHF 2 billion more than the combined turnover of all watchmakers at Swatch Group and Richemont. Some would say a mere 4.4% drop in sales after excommunicating all watch assembly from big bro Rolex’s factory could be considered a success story. And, as Rolex and Tudor are both owned by the Hans Wilsdorf Foundation, increased Rolex revenue from 2023 more than made up for it anyway.
In 2023, the Rolex brand was valued at approximately 10.7 billion U.S. dollars. This was the brand's highest value over the displayed period, and an increase of roughly 2.4 billion. Rolex recorded its best-ever sales in 2019, according to a report by Morgan Stanley and LuxeConsult. The Swiss watchmaker outperformed the market amid a decline in Hong Kong and a rise in China, Japan and Singapore. Morgan Stanley's report reveals Rolex as the leading Swiss watch brand with a 30% market share, followed by Cartier, Omega and Audemars Piguet. Swatch Group's MoonSwatch was the fastest growing brand, while LVMH and Kering struggled. On Wednesday, Morgan Stanley published a report that shows Rolex raked in 10.1 billion Swiss francs (.5 billion) for the first time in 2023. It achieved the historic amount as its retail.
Rolex sales crested billion for the first time as the top Swiss watch brand gained market share, according to a report by Morgan Stanley. The dominant Swiss luxury watch brand produced. Rolex dominates the luxury watch market with over 30% share and records its highest sales ever in 2023, according to Morgan Stanley. The brand outperforms other top brands like Cartier, Omega, Patek Philippe and Audemars Piguet, which also report impressive growth. Rolex generated approximately .5 billion (CHF 8 billion) in retail sales last year, a figure that means it holds approximately 24.9 percent of the global market for Swiss watches, compared.(Bloomberg) — Rolex sales crested billion for the first time as the top Swiss watch brand gained market share, according to a report by Morgan Stanley. The dominant Swiss luxury watch brand.
Sales at Rolex rise to CHF 9.3 billion, over CHF 2 billion more than the combined turnover of all watchmakers at Swatch Group and Richemont. Some would say a mere 4.4% drop in sales after excommunicating all watch assembly from big bro Rolex’s factory could be considered a success story. And, as Rolex and Tudor are both owned by the Hans Wilsdorf Foundation, increased Rolex revenue from 2023 more than made up for it anyway. In 2023, the Rolex brand was valued at approximately 10.7 billion U.S. dollars. This was the brand's highest value over the displayed period, and an increase of roughly 2.4 billion.
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