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Rolex to acquire watch retailer Bucherer in strategic move

Swiss luxury watchmaker Rolex has acquired watch retailer Bucherer to preserve the long-standing partnership between the two companies. This trade will be effective after the competition authorities have approved the transaction. Meanwhile, Rolex didn't disclose the cost of acquisition. ....

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Rolex snaps up luxury retailer Bucherer - and Watches of Switzerland sees its share price fall 20%

The announcement of the acquisition left investors worried that Rolex is planning a long-term shift away from using authorised partners for retail sales. ....

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Rolex Buys Retailer and Manufacturer Bucherer

Rolex Buys Retailer and Manufacturer Bucherer
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