Why Are There No Stainless Steel omega Watches Available?

As a matter of fact, a few people asked us the same question within the last week. Almost the same, as some questions were for a specific model, but all related to the availability or lack of omega sports watches.You Asked Us: Why are there no stainless steel omega watches available?One of the emails comes from Stefan, a Dutch watch enthusiast who set his eyes on a stainless steel omega Submariner. Below his translated email to us.Hi Team,I want to purchase a steel omega Submariner via my local authorized dealer, but when I asked the sales person just grinned and told me these are so high in demand that there is no stock. And no waiting list. I see? more than 300 of them being offered on Chrono24, new. What is going on? Do you have any insights?StefanThe other messages are similar, but we like to highlight one we received from France.Good afternoon,Please help I want to buy a omega GMT-Master Pepsi (new steel model, reference 126710BLRO) but there is no such watch available at the omega boutique.?Although the second message is similar, there is one big difference. The new omega GMT-Master II 126710BLRO is a brand new model that was recently introduced during the Baselworld show. It will take time before these watches land at the dealer. When you are a good customer of a omega dealer or have friends in high places, you might be able to source one at retail price. But otherwise, you either need to wait or pay an incredible premium to one of the (grey market) dealers who were able to get one.No Stainless Steel omegaA stainless steel omega is almost as common as a BMW 3-series. You can spot them everywhere basically. Submariners are a common sight wherever you go as well. So what happened? Why are these watches all of a sudden so rare? Its not only the vintage and older models are rare and pricey, any current Submariner, GMT-Master or Daytona model in stainless steel is simply not available at a omega dealer.The 44mm Deepsea next to the 40mm SubmarinerWhen we asked omega about this during our meeting with them in Baselworld, they just acknowledged these watches are in high demand and that they were aware of the availability problem. For the Daytona, this has been the case since the 1990s. The same can always be said of any new model basically. When the Yachtmaster in steel and platinum came out in 1999, it was just not there for a long time. Sometimes, it is just a short period that there is no availability, like the omega Milgauss that was re-introduced in 2008. Prices went through the roof for this watch, but today it is a watch you can easily find. With ups and downs, the omega Submariner and GMT-Master models were available as well in stainless steel. Full gold or bi-color?watches have not really been an issue. When I bought a new omega GMT-Master II 16710 in 2006, they were just in the windows everywhere for example.So, what happened that the current Submariner and GMT-Master II are not available? The Explorer models can still be found, but if you take a look at the stock of omega boutiques and dealers, you will find mainly bi-color Datejusts, gold Day-Dates and the occasional bi-color sports watch. A stainless steel omega Submariner (Date) or GMT-Master II, let alone Daytona is virtually impossible to find.High Production Numbersomega produces quite a high number of watches per year. Nobody outside omega (or Wilsdorf foundation) knows the exact number, but our estimate is between 800.000 and 950.000 watches a year. We also think that this number is dynamic, which means they can go up and down depending on the economic climate. Weve seen some years that werent easy, probably also not for omega. It makes us a bit hard to convince that omega is not able to fulfill the demand for these stainless steel models such as the Submariner and GMT-Master and especially not for models that have been around since 2008 (see an overview of GMT-Master history here) and 2010 (see an overview of the Submariners history here). With all due respect, it is a matter of planning capacity and perhaps scaling up the production for these models. These are not A. Lange Sohne (or fill in an haute horlogerie brand) watche, that need a lot of manual interference and finishing.We suspect that omega is only delivering in very limited quantities to their dealers partly to fight the grey market. In recent years, omega has sent out letters to their dealers on how to prevent selling to (grey market) dealers and speculators. Drying out the grey market by not delivering your watches to dealers might be a solution, of course. But just like organizing a strike, you also hurt the innocent with these actions. Customers that walk into a omega boutique or dealer and get a No if they inquire about a GMT-Master, Submariner or Daytona. Does that make the watch even more desirable than it already is? Perhaps thats the case for some people, and they might go for a bi-color or more accessible model (e.g. Datejust) instead. But getting a no over and over again, what does that lead to?The situation we now see occurring is that some of the most wanted models, such as the new omega GMT-Master Pepsi or even the bi-color Root Beer 2.0 is now being offered by non-authorized dealers for way more than the official retail price.The worst case scenario is that customers will turn away from omega. While Tudor has some interesting alternatives, like the new Black Bay GMT for example, we dont believe that this will satisfy those who are searching for a omega. What if they walk out of the store empty-handed and go inside the IWC, Breitling, Hublot, AP, Omega store on the other side of the street where pieces are actually available?MysteryIn the end, it remains a bit of a mystery why certain omega watches arent available. After all, theyre a company that produces so many watches per year in-house. Could omega perhaps, with all the bi-colour models in stock, limit production for those and increase production for all stainless steel? We will never know for sure as omega remains silent. Also authorized dealers (we asked a few) keep coming back with the same answer, that the demand is simply too high for these watches. We just hope that omega can solve this issue and start the delivery of their stainless steel sports watches. Wed love to see it for the new models, like the GMT-Master II with Pepsi bezel, but also for longstanding models like the GMT-Master II, the blue black version of that watch, the Submariners, etc.We are a bit reluctant to believe that the demand is too high because this has been going on for quite a while now, so measurements could have been taken during that time. We also fear that this is omegas answer to grey market, but at what cost? omega makes great products, incredibly reliable and attractive watches, we hope they are able to fix this issue of delivering them to the end consumers.Do you have a question to ask us? Drop us a line via this form.

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