Rolex SA raised retail prices for its watches in Europe for the second time this year due to currency fluctuations including the strong US dollar.
The Geneva-based maker of the Daytona, Submariner and Oyster Perpetual said it had increased prices on the continent by about 5 percent. That follows a similar increase in the UK in September in response to the plunging value of the British pound that made the coveted watches sold in Britain much…