Tag Archive | "rolex"

Custody granted in Reykjavík watch raider case

The Supreme Court of Iceland has granted a police custody request for the Polish man who was recently extradited to the country from Switzerland following last October’s raid on a Reykjavík Rolex shop. The man has confessed.

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Recovered Reykjavik raid Rolexes ready for retail

Frank Michelsen, the Reykjavik watchmaker and retailer whose shop was attacked in an armed robbery last month, says that demand for the recovered stolen Rolex watches is sky high.

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Man held following Iceland Rolex heist

A man is being held by Icelandic police following the 17th October armed raid on a Reykjavik Rolex watch shop. His alleged accomplices all left the country by air right after the theft took place.

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Surprise as sale of luxury goods fares well in Icelandic recession

Demand for luxury items such as jewellery and expensive watches has not diminished in Iceland, despite the financial crisis; in fact these items are selling like never before and there is a long waiting list for Rolex watches which cost more than ISK 1 million (USD 7,650).

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