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Bucherer is proud to be part of the worldwide network of Official Rolex Jewelers, allowed to sell and maintain Rolex Watches. Switzerland Denmark United Kingdom Austria Germany France Official Rolex Jeweler Bucherer Basel Freie Strasse 40 4051 Basel Switzerland Official Rolex Jeweler Bucherer Bern Marktgasse 2 3011 Bern Switzerland
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Danny Milton August 24, 2023 0 Here's an absolutely shocking story that none of us saw coming on what was otherwise an ordinary Thursday in August (generally the sleepiest month in the watch industry). News has just broken that Rolex is acquiring renowned retailer Bucherer. You read that correctly.
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Aug 25 , 2023 Rolex has just announced its acquisition of Bucherer. Photo: Rolex Rolex SA is buying the luxury retailer Bucherer AG in a deal that will give the biggest Swiss watch brand.
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Rolex has acquired Bucherer, one of the world's largest watch retailers. Rolexhas acquired Bucherer, one of the world's largest watch retailers. Bucherer will retain its name and continue to operate as an independent company. Rolex also announced that Bucherer's management team will remain unchanged.
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The Group's management team will remain unchanged," Rolex states. by Rob Corder August 24, 2023. To preserve the long-standing partnership between the two companies and perpetuate their shared history, Rolex has decided to acquire Bucherer. The watch retailer will keep its name and continue to operate independently.
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Bucherer Certified Pre-Owned puts the opportunity to own a classic watch within reach and whether you're buying for keeps or looking to trade, we offer a constantly evolving roster of high-demand pieces to explore. From worn-once icons to top-tier rarities, every pre-owned watch comes with a story - as for what comes next, that's over to you.
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Bucherer and Rolex apparently agreed that even though the purchase would raise eyebrows, it was in the best interests of Bucherer, Rolex, the employees, the retail network, and even the other brands the retailer carries. (This is explicitly stated in the press release announcing the deal.) What I see here is a form of protectionism, as Rolex.
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[1] In August 2023, Bucherer AG was bought by Rolex. [2] It will continue to trade under its own name and operate independently, and management will remain unchanged. The company will be integrated into Rolex's operations once the purchase is approved by competition authorities. [3]
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Currently, 53 of Bucherer's outlets distribute Rolex watches, while 48 distribute the Tudor brand (a sister company to Rolex). Bucherer is also an official after-sales center for the brands, and.
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Two historic names in the watch industry have now become partners. Iconic Swiss watchmaking brand, Rolex, announced it will acquired Bucherer, one of the world's largest watch retailers. In a.
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The 87-year-old billionaire behind Bucherer is selling his dynasty to Rolex—and the deal will reset the luxury watch business. BY Tara Patel, Andy Hoffman and Bloomberg. August 26, 2023, 2:23 PM.