Rolex produces about a million watches a year. Photo: Simon Song
Rolex produces about a million watches a year. Photo: Simon Song
Rolex

Why are Rolex watch prices in Britain hiking up, despite the pound sterling slump? The luxury Swiss timepiece brand increased price tags by 5 per cent – while demand still outstrips supply

  • Swiss luxury watch brand Rolex increased the price of its timepieces sold in Britain from September, despite the pound sterling’s slump against the US dollar
  • The Rolex Submariner’s price increased to US$8,600, while the red and blue bezel GMT Master II jumped to US$10,000 – but customer demand still outstrips supply

Rolex produces about a million watches a year. Photo: Simon Song
Rolex produces about a million watches a year. Photo: Simon Song
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