A piece of genuinely good economic news arrived on Friday: payrolls rose by 2.5m, and unemployment fell. The economic recovery may be beginning and it may be V-shaped. Maybe. Naturally, we asked ourselves “were we wrong to proclaim ‘Rolex prices drop'”? I mean, has the drop stopped? Bob’s Watches CEO Paul Altieri has some relevant intel . . .
Our Sunday watch news roundup starts with Rolex’s lawsuit against laCalifornienne. Rolex was none-too-happy with the Rolex modder’s modifications. watchpro.com reports that Rolex won their suit against the husband-and-wife owners for trademark violation. Will Rolex take on the other modders, such as Wildman, Blaken and Mad Paris? Rolex’s victory may also have implications for . . .
The Patek Philippe Calatrava Pilot Travel Time is a product of an extremely conservative segment in an extremely conservative industry. Patek Philippe, Audemars Piguet, Vacheron, Jaeger-leCoultre, Piaget, IWC – luxury Swiss and German watches survived the quartz crisis by surviving. By not changing . . .
“Baselworld organizers are cancelling next year’s show,” wwd.com reports, “and have settled with departing labels, closing a fraught chapter in the Swiss watch event’s history.” As we predicted, as anyone with an ounce of common sense predicted, Baselworld is dead. Or is it? . . .