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By 2017 grey market sales of luxury watches were "upending the global watch industry," according to Barron's; exports of new watches from Switzerland fell 10% in 2016 and there was a glut of inventory of new watches, driving prices down. [10]
By 1962, the Timex brand held the number one market share position in the United States, where one out of every three watches sold was a Timex. [17] [26] Foreign markets were added with company sales offices in Canada, Mexico, France, Great Britain, Germany, and Portugal, as well as distributors in about 20 other countries. Plants were built in ...
The analysis found the number of Rolex watches in the gray market has been falling. The bank said declining gray market supply was due to rising retail prices for Rolex watches and falling prices ...
The Omega watches feature a copyrighted globe design on the back of the watch. The defendant Costco obtained the watches through the gray market : Omega would sell the watches to authorized distributors, third parties would buy the watches and sell them to the New York state company ENE Limited, and ENE would sell the watches to Costco.
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Jorg Gray was established as a watch line in 1998 by Logomark, Inc. in Tustin, California. [3] Originally, its watches were manufactured as promotional items for corporations and federal agencies. [4] It became a retail-only brand in 2009. [5]
The Alliance for Gray Market and Counterfeit Abatement (AGMA) is a District of Columbia-based non-profit organization of information technology (IT) companies that works to educate and raise awareness on counterfeiting; digital IP protection; service and warranty abuse; and the gray market. The term grey market refers to the sale of branded ...
As of 1999, Armitron had the fifth largest share of all watch purchases, by brand, in the United States. [4] As of 2005, Armitron ranks as one of the top ten fine and fashion watch brands in the US, along with Timex , Fossil , Seiko , Citizen , Casio , Guess , Bulova , Movado , and Pulsar .