Rolex wants more control of its retail sales — and the move has sent shares of a top luxury watch dealer down 21%
![Are Rolex waiting lists about to get much shorter? Demand for the luxury timepiece has reached such crazy levels, the Swiss watchmaker just announced it will open 3 new factories to boost Are Rolex waiting lists about to get much shorter? Demand for the luxury timepiece has reached such crazy levels, the Swiss watchmaker just announced it will open 3 new factories to boost](https://cdn.i-scmp.com/sites/default/files/styles/768x768/public/d8/images/canvas/2023/03/15/943cd09a-1660-4236-b37b-c83345669982_64fd8531.jpg?itok=OxAMVR72&v=1678872628)
Are Rolex waiting lists about to get much shorter? Demand for the luxury timepiece has reached such crazy levels, the Swiss watchmaker just announced it will open 3 new factories to boost
![The Watches of Switzerland Group announces completion of its Knightsbridge flagship featuring a new showroom from longstanding brand partner Rolex - News & Media - The Watches of Switzerland Group The Watches of Switzerland Group announces completion of its Knightsbridge flagship featuring a new showroom from longstanding brand partner Rolex - News & Media - The Watches of Switzerland Group](https://www.thewosgroupplc.com/media/xnsktn4a/rolex-external-041220-3840-1001.jpg?center=0.36500306381359626,0.39081222578623304&mode=crop&width=1200&height=630&rnd=132518249527800000)