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Rolex sales top US$10 billion as luxury watchmaker gains ground, Morgan Stanley says

Rolex sales top US$10 billion as luxury watchmaker gains ground, Morgan Stanley says
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Rolex Sales Reach $10 Billion for First Time, Morgan Stanley Reports – Robb Report

Watch industry heavyweight Rolex raked in 10 billion Swiss francs in 2023 as its retail market share grew by over 30 percent, a new report shows.

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Rolex sales top $10 billion as luxury watchmaker gains ground, Morgan Stanley says

The dominant Swiss luxury watch brand produced 1.24 million timepieces in 2023

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Rolex dodges the luxury slump with a record $10bn in sales last year, Morgan Stanley says

"No other luxury brand can claim such a dominant position."

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Rolex Sales Top $10 Billion as Luxury Watchmaker Gains Ground, Morgan Stanley Says

Rolex Sales Top $10 Billion as Luxury Watchmaker Gains Ground, Morgan Stanley Says
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Rolex Sales Top $10 Billion as Luxury Watchmaker Gains Ground, Morgan Stanley Says

Rolex Sales Top $10 Billion as Luxury Watchmaker Gains Ground, Morgan Stanley Says
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Nearly half of Americans age 18 to 29 are living with their parents

The trend to move back in with mom and dad is pushing up discretionary spending

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Young Adults Living with Their Parents Are Boosting Luxury Sales, Morgan Stanley Analyst Reports

Nearly half of the nation’s young adults are now living at their parents’ homes, giving them more disposable income to spend on luxury items, according to a Morgan Stanley analyst.

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Young Adults Living with Their Parents Are Boosting Luxury Sales, Morgan Stanley Analyst Reports

Nearly half of the nation’s young adults are now living at their parents’ homes, giving them more disposable income to spend on luxury items, according to a Morgan Stanley analyst.

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