Uploaded on Dec 5, 2018
Presentation history of Rollex watches
History of Rollex watches
History of Rolex Watches
Image source:- rolexforums.com
Founder
Image source:- forbes.com
Two people started this watch manufacturing
company is started. One is Hans Wilsdorf and
second is Alfred Davis. The company started in
1905 in London.
History
At the time of Swiss movements, manufacturers sold their
wristwatches to jewelers and then jewelers sell those
watches with their name to customers. Wilsdorf and Davis
watches have the mark of “W&D” inside.
Rolex
“Rolex” name comes in the market in 1908. A Rolex name is
registered by the Wilsdorf as a trademark and starts an office in
Switzerland but the company name as Rolex registered on 15
November 1915.
Origin of Rolex
Rolex word came from French phrase. Wilsdorf wants an easy
name which is easily pronounced by everyone.
Changes
Wilsdorf was suffering from high manufacturing cost.
Gold and silver used in the manufacturing of the watch
because of high cost, Wilsdorf shifted to Switzerland. He
started a company as Rolex watch company later name
change into Montres Rolex and finally known as Rolex SA.
Wilsdorf foundation
After the death of Wilsdrof’s wife, Wilsdorf started a
foundation name as Wilsdorf foundation. He started this
foundation to do charity and after the death of Wilsdorf
in 1960, this foundation is the owner of Rolex SA.
Products
Rolex SA has many products like:-
• Air-king.
• Cellini.
• Day-Date.
• Datejust.
• Datejust II.
• Daytona.
• Explorer.
• GMT-Master.
•
And many more.
Revenue
According to the report of 2016, revenue of
the Rolex SA was $4.7 billion and 2,800
employees are working in Rolex SA.
Thank You
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