Rolex Announces It Will Acquire Watch Retailer Bucherer
113, Chemin du Pont-du-Centenaire, ZIPLO, Arare, Plan-les-Ouates, Genève, 1228, Schweiz/Suisse/Svizzera/Svizra
Rolex
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins82% CONFIDENCEOverall confidence: 82%How well the pin's source and references back up its dates.Weighted average of how firmly 2 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterPYMNTS[1] dates the announcement to August 24, 2023, and quotes Rolex's own statement that the acquisition 'is the best solution not only for its own brands but also for all the watch and jewelry partner brands.'
Rolex said it will buy Bucherer, the world's largest watch retailer with more than 100 stores in seven countries, after owner Jörg Bucherer decided to sell with no heirs to take over the business.
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