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**bubbfish** · 24-12-08, 04:30 PM

Another story: Rolex's chief executive Patrick Heiniger quits.

http://business.timesonline.co.uk/to...cle5372593.ece

http://uk.news.yahoo.com/18/20081217...5268574_1.html

**adr** · 24-12-08, 04:57 PM

It's not a matter of time anymore.
When the pinch comes it's already too late.

**Paneraii** · 24-12-08, 05:38 PM

This reminds me of banquet and auction items for 7th month. The organiser decides to run away after failure to recoup the money. Only this time - a big scale operation. Collateral damage.

**116520** · 24-12-08, 09:38 PM

Poor Patrick....

Originally posted by bubbfish View Post

Another story: Rolex's chief executive Patrick Heiniger quits.

http://business.timesonline.co.uk/to...cle5372593.ece

http://uk.news.yahoo.com/18/20081217...5268574_1.html

**DM101** · 24-12-08, 09:49 PM

Originally posted by bubbfish View Post

Another story: Rolex's chief executive Patrick Heiniger quits.

http://business.timesonline.co.uk/to...cle5372593.ece

http://uk.news.yahoo.com/18/20081217...5268574_1.html

Will his exit affect the brand name of ROLEX and prices of ROLEX watches?

**armchaireconomist** · 26-12-08, 01:26 PM

I don't think it'll affect the Rolex brand in the short term despite the inevitable slump in sales... But that is expected, isn't it?

As for the long term, it really depends on the new chief...

**psee** · 26-12-08, 05:11 PM

Originally posted by bubbfish View Post

Another story: Rolex's chief executive Patrick Heiniger quits.

http://business.timesonline.co.uk/to...cle5372593.ece

http://uk.news.yahoo.com/18/20081217...5268574_1.html

Interesting read, thks for sharing. IMO, there shouldn't be major impact in the short term ...

**Hary** · 27-12-08, 01:36 AM

I passed by Watch Palace today, crowded, no sign of crisis ler

**116520** · 27-12-08, 08:36 AM

Yes... it was so crowded in orchard road...

Originally posted by Hary View Post

I passed by Watch Palace today, crowded, no sign of crisis ler

**lolex kia** · 27-12-08, 10:11 AM

When browsing the articles throug the links provided by Bubbfish, I saw a
comment:

OMG! Rolex Group in trouble??!! How will I manage to sleep tonight??

Baris, Caen, France

I think it not a concern about losing value of our assets. It's about a fear
that the brand we love may go under in this financial crisis .

**theOrion** · 27-12-08, 10:42 AM

Me too!

Ya why so fast? And who is John? Sorry I'm a super newbie.

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