The Business of Watches [001] Rolex, The Making of a Status Symbol With Author Pierre-Yves Donzé
Welcome to the first episode of a brand new podcast for Hodinkee. It's called The Business of Watches, and it's hosted by me, Andy Hoffman. Each episode, delivered once every two weeks, will feature conversations with authors, CEOs, industry insiders, and fellow journalists as we uncover the business behind your favorite watches and watch brands. Want to subscribe so you never miss an episode? This new show is being published to the original Hodinkee Podcasts feed, so you can subscribe wherever you find your podcasts, including Apple Podcasts, Spotify, or TuneIn.Episode 01 - Rolex, The Making Of A Status Symbol With Author Pierre-Yves DonzéNotoriously secretive when it comes to its operations and accounts, there haven't been a lot of business-focused books on Rolex, the biggest and most successful Swiss watch brand. At least until now, that is. Academic and professor of business history at Osaka University, Pierre-Yves Donzé is the author of The Making Of A Status Symbol, A business history of Rolex translated and published in English this year. We wanted to start our new podcast, The Business of Watches, by talking about the most important Swiss brand, and Donzé serves as an ideal guest, explaining the decisions and events that shaped Rolex into what it is today. The episode is full of revelations, from how Rolex dealt with the business challenges of a strong Swiss franc and the arrival of quartz, to how the brand overtook Omega in sales, and the critical role the U.S. has played in the company's history and success. Thanks so much for listening, and be sure to drop by the comments section if you have any thoughts or questions on the episode. We'll be back in two weeks with another episode of The Business of Watches. If you have any questions for an upcoming Q&A episode, please leave them in the comments below. This episode of The Business of Watches is brought to you by Panerai. Click here to learn more about the Luminor Collection.Show Notes: 3:40 The Making Of A Status Symbol, A Business History of Rolex (Manchester University Press)5:25 Pierre-Yves Donzé7:25 Rolex 10:30 Hans Wilsdorf15:00 Rolex Kew A16:01 COSC18:10 Aegler SA and Rolex20:50 UK taxation during WWI24:30 Rolex Oyster case26:00 Panerai 28:05 Rolex company history 1926-194530:50 Rolex Cosmograph Daytona32:00 André Heiniger33:50 Hans Wilsdorf Foundation35:20 Rolex Explorer Ad 1960s (Ad Patina)36:38 J. Walter Thompson 39:20 Arnold Palmer (Rolex Magazine)40:30 Mark McCormack 43:30 Omega 45:00 Placido Domingo 47:00 Rolex Oysterquartz51:26 Rolex Lady-Datejust53:30 Rare interview with Rolex CEO Jean-Frédéric Dufour about Watches and Wonders (NZZ)1:00:30 Rolex Land-Dweller Business History
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