I wonder how much the Helsons of this world overlap with the replica industry? I bet they are sharing parts and materials and workshops and staff. The economies of scale are impossible to resist. Rep manufacture is spread over several sites. Unbranded parts are made openly. Branded bits are made in secret. Watches don't become 'illegal' until the last stage, when the branded parts are added.
Speaking of reps, there were a number of raids recently, right? Theory on Reddit is that a few factories flew a bit too close to the sun and as a result some of the most popular reps have almost doubled in price, people willing to pay big money for NOS of some of the ‘best’ reps.
I wonder how much the Helsons of this world overlap with the replica industry? I bet they are sharing parts and materials and workshops and staff. The economies of scale are impossible to resist. Rep manufacture is spread over several sites. Unbranded parts are made openly. Branded bits are made in secret. Watches don't become 'illegal' until the last stage, when the branded parts are added.