Luxury group in sights of LVMH’S Arnault?
By AFP Published Jul 17, 2024 The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of takeover rumours which its founder, the South …
Vacheron Constantin
Luxury giant Richemont revives CEO role, Q4 sales dip, but Alaïa booms
Richemont had a lot to share on Friday with the Swiss luxury giant both confirming the slowdown in the luxury sector (albeit with only a 1% sales dip in Q4) …
Swiss watch exports plunge as China and Hong Kong demand dries up
By Bloomberg Published Apr 18, 2024 Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong …
Swiss watch exports struggle as luxury slowdown persists
By Bloomberg Published Feb 20, 2024 Swiss watch exports rose modestly in January as growth slowed and weak demand for luxury and mid-priced watches dragged on the sector. Monthly exports …
Swiss watchmaker says it’s time to make luxury sustainable
By AFP Published Feb 6, 2024 Vegetal leather and recycled stainless steel melted in a solar oven are among the materials a Geneva watch brand is using in its quest …
Richemont names Laurent Malecaze as President & CEO of Chloé
Luxury group Richemont has appointed Laurent Malecaze to be the new President & CEO of Chloé, its Paris-based fashion house. Laurent Malecaze Malecaze succeeds Riccardo Bellini, who help oversee the recent surprise appointment of Chemena Kamali as the …
The record rush to buy a Rolex or a Patek Philippe is over
By Bloomberg Published Dec 9, 2023 The biggest ever boom in Swiss luxury watches is coming to an end. For three years, the industry enjoyed a surge of renewed interest …