Grand Seiko Existing Inventory

[Ryanpatrick]

I was just wondering what Seiko will do with existing Grand Seikos now that they've spun the brand off. Will they discount existing models with the dual branding? Just ship existing inventory back to HQ?
I saw a boutique exclusive piece in the NYC boutique last year and I'm wondering if a deal could be had? Any thoughts?


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[skywatch]

If anyone spots one of those 70% discounts at Ashford or Gemnation or somewhere, would you please let us know?
(Alas I won't be holding my breath.)

[chuckmiller]

I am behind on the news. What do you mean by "spun off the brand"?

[FSM71]

If anyone spots one of those 70% discounts at Ashford or Gemnation or somewhere, would you please let us know?
(Alas I won't be holding my breath.)

OK, but only AFTER my order has been confirmed!

[skywatch]

I am behind on the news. What do you mean by "spun off the brand"?

Probably overstated for effect. They simply moved the "GS" logo up top to replace "Seiko" and put "Grand Seiko" under it. You can learn more on this Baselworld thread: http://www.intlwatchleague.com/showt...l-News-Rumours

[Raza]

I really doubt they'd be recalled or anything. But I would expect existing stock to be sold off at a slightly larger discount than you could muster before the change.

[Seriously]

They'll have been ramping down supplies anyway and clearing factory inventory I'd guess.

But I'd also guess there will be some shifted to grey market.

There also might be customers wanting the old look, so sales might not drop off significantly for the old stock.

I mean it's not as like a certain UK company who likes to change the branding almost every year

[CFR]

I think I'll wait, until they start to give them away...

[Samanator]

Rolex made a more critical move last year. They certified new watches to +/- 2 seconds after casing, extended the warranty, and extended to service interval to 8-10 years. No watches were returned to Rolex, they just sold out inventory until the new ones flowed in. Omega has also shifted it's watches with the master chronometer movement and markings and has sold out the old inventory until the new arrived to replace sold out older models. Neither of these increased the grey market more than it was before. GS is making a minor marking change on the dial. Don't hold your breath for grey market dumping of watches, or discounts for these.

[Samanator]

I really doubt they'd be recalled or anything. But I would expect existing stock to be sold off at a slightly larger discount than you could muster before the change.

Why? It's just marking. Some may want the old classic since it has been that way for a long time. The newer may be less desirable to some?