Recently, we pay more attention to a list-Deloitte’s 2008 Luxury Global Power Report, released two months ago, which includes the 2018 Global Top 100 Luxury Companies List. Among 100 companies, Rolex just comes in twelfth place, ranking the first in the watch industry. The following is Patek Philippe which is listed in 45th place.
The list is based mainly on sales of luxury goods. Although there are inevitably biases in ranking by sales volume, it is not unreasonable at all. After all, it is better said than sold. Rolex replica watches with self-winding movements are well deserved first which are not only hot-selling but also in high quality.
But for a single brand, Rolex’s performance is still the brightest. Like Audemars Piguet, it is in 51st . Chopard is in 53rd . In addition to the impact of the economic environment, watch industry itself obviously needs more reflection, after all, the market performance is not as good as some other luxury brands.