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Adam Maguire

๐Ÿ‘ค Speaker
517 total appearances

Appearances Over Time

Podcast Appearances

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

Yeah, there's no way of working this out.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

Now, I would love to know what the split was between the people queuing because they really wanted to get their hands on this watch that they really liked and how many were there because they saw an opportunity to make a quick buck.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

Because if you look online, if you look on the likes of eBay and Vinted, you see lots of these watches being offered for sale at twice and even three times the retail price.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

Some reports of successful buyers being offered twice the price as they left the shop with their brand new watch.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

So clearly, at least some people queuing were more interested in flipping the watch than actually wearing it.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

But it is just as clear that there were people who wanted to spend that money in order to own the thing, maybe under the assumption it's a limited edition.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

Although I can't actually find any mention in the marketing material of it being limited to a certain production run.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

Collabs like these do tend to be limited.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

That being said, Swatch on its own website says the collection will remain available for several months.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

So a very good chance that anyone who wants to get a Rollapop watch will be able to get one at face value, even if they don't have one on day one.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

And a part of the reason why people might want to get one is because while โ‚ฌ400 is expensive for a Swatch watch, it's very, very cheap, as I say, for an AP watch.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

Their watches tend to sell for thousands or more likely tens of thousands of euro each month.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

Some of their watches have been resold for millions of euros.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

So this is a brand generally out of reach for most consumers, especially young consumers.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

So here's a chance to get something that they were involved in making for cheap, in air quotes.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

And we're seeing this happen more and more with consumer brands.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

It's what people are calling a high-low collab, where a very high-end brand or a designer partner partners up with a high street brand.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

We actually saw another example of this earlier this month.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

People queued outside the H&M shop for hours, the one on College Green in Dublin, to buy some of the items from their collaboration with Stella McCartney.

Today with David McCullagh
Swatch sale scuffles - when new products create chaos

There's collaborations between Uniqlo and JW Anderson, the brand of Dairy Born designer Jonathan Anderson, who's currently the creative director of Dior.