(Photo credit: Rolex)
Rolex will open its largest European boutique on March 14, a four-story flagship on London’s Bond Street, operated by Watches of Switzerland. WatchPro was first to report the news.
The expansion is the latest sign of Rolex’s strategy to consolidate retail into larger, high-profile spaces, offering an immersive showcase of its heritage and innovations. In recent years, Rolex has closed smaller points of sale to make way for flagship stores in key markets.
This approach extends globally. In December, Rolex opened a three-story boutique on Rodeo Drive in Beverly Hills, following similar expansions in Tokyo’s Omotesando and Ginza districts.
In New York, construction is progressing on Rolex’s new U.S. headquarters and largest flagship store, a 30-story building. According to the most recent report by Morgan Stanley and LuxeConsult, Rolex has reduced its U.S. retailers from 360 to 260 since 2020, prioritizing larger, brand-dedicated boutiques in prime locations over smaller, multi-brand points of sale.
Initially delayed due to construction challenges, the Bond Street boutique is now ready for launch. Watches of Switzerland CEO Brian Duffy and Rolex UK Managing Director Richard de Leyser will host a preview on March 13, with the public opening the following day. The store marks Rolex’s most significant retail presence in Europe, reinforcing its shift toward flagship dominance.