Rolex Distribution Sales show 23% Increase On Last Year
Image source - rolex.com
Sales for The Rolex distribution, service and support in the UK and Ireland, topped £329m last year. This is a 23% increase from 2016, which equates to a massive £268m rise in sales
Image source - WatchPro
As well as Rolex and its shareholders, the other big winner in this news is Her Majesty’s Revenue & Customs.
It was revealed that Rolex Watch Company Ltd paid £8.06 million, twice as much tax in 2017 as it did the year before. In a statement, Rolex said that they were a “responsible tax payer who is committed to being compliant with tax law and practice in the UK”.