LUXURY Swiss watch manufacturer Rolex is closing its Sandton office after maintaining a presence in South Africa for 76 years.
Rolex announced the closure of its affiliate office in Sandton, citing changes in local markets and the situation in South Africa that no longer justify maintaining an official subsidiary.
According to a statement from Rolex Geneva, issued to News24, the decision to close the office comes after careful consideration of the current economic and market conditions, which have altered significantly over the years.
The company explained that it would remain active in the region through its official retailer network, ensuring that customers can still purchase and service Rolex watches.
The closure of the Sandton office is scheduled for June 2024, marking the end of an era for Rolex’s direct operations in South Africa.
However, the company reassured its clients and partners that this move would not affect the availability of its products or services in the country.
Despite the closure of the Sandton office, Rolex watches will continue to be available in South Africa through a network of official retailers.
These retailers are well-established and have a long-standing relationship with the brand, ensuring that customers will still have access to Rolex’s luxury timepieces and services.
