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Shocking! What Rolex's Bucherer Acquisition Means for Secondary Watch Market

Today is Thursday, August 24th, 2023, on today's Watch News Weekly we discuss today's shocking announcement of Rolex acquiring retailer Bucherer and how it will impact the secondary watch market as well as authorized dealers. The announcement that Rolex intends to acquire the famous luxury retail chain Bucherer took the watch industry by surprise today. Although regulators still haven’t approved Bucherer’s acquisition by Rolex SA, collectors are already speculating about how this move will affect the world of Rolex and luxury watches in general. “This acquisition will fuel the gray market even further; existing Rolex authorized dealers will do their best to maximize their margins out of their potentially more limited allocations.” - Roman Sharf, CEO of Luxury Bazaar Listen to the Podcast here: https://podcasts.apple.com/us/podcast... 💰 𝗪𝗲 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗕𝗨𝗬 𝗬𝗢𝗨𝗥 𝗪𝗔𝗧𝗖𝗛! 𝗟𝗲𝘁 𝘂𝘀 𝗺𝗮𝗸𝗲 𝘆𝗼𝘂 𝗮𝗻 𝗼𝗳𝗳𝗲𝗿 𝗮𝘁: https://luxurybazaar.com/sell/ 📱 Text us @ 215.731.0107 📞 Call our office @ 215-791-8203 ________________________________ 📸 FOLLOW THE TEAM ON INSTA Roman 📸   / romansharf   Adrian 📸   / adriantaskin   Ana 📸   / watchanna.lb   Alex 📸   / nowaitlist   Peter 📸   / peterpic.lb   David 📸   / swissdave.lb   Kevin 📸   / chronokev.lb   Ed 📸   / edbuyswatches   👨💻 FOLLOW THE COMPANY ► Official Site: https://LuxuryBazaar.com ► Instagram:   / luxurybazaarofficial   ► Facebook:   / luxurybazaar   #watchnews #watches #romansharf #greymarket #watchdealer #watchflipper #rolexnews #rolexprices2023 #rolex #watchprices #rolexdaydate #rolexdaytona #rolexskydweller #unboxing #patekphilippe #richardmille #watchmarket #luxurywatches #rolexbucherer #bucherer #rolexacquisition