(Photo : supplied by Ulysse Nardin) In the latest watch executive movement news of 2017, the Kering group has announced the appointment of Patrick Pruniaux as the CEO of Ulysse Nardin, effective 28 August 2017, replacing Patrik P. Hoffman. The… Read More ›
You may recall news last year about the Swatch Group SA and WEKO’s review of whether there’s room to manoeuvre (increase supply) within the 2013 agreement to phase out movement supply by their subsidiary ETA SA. Reuters have reported that… Read More ›
The LVMH Group has announced that its profit from recurring operations in the first half of 2017 jumped 23%, with revenue increasing 15% year-on-year to €19.7 billion in the first half of 2017. Bernard Arnault also paid €12 billion to… Read More ›
The Swatch Group recently announced positive results for the first half of 2017, with Group net sales of CHF 3,759 million (+1.2%) and a rise of 6.8% for net income, at constant exchange rates. Performance in Watches & Jewelry,… Read More ›
With Richemont Chairman Mr. Johann Rupert’s announcement today of the departure of Georges Kern, Head of Watchmaking, Marketing and Digital, it appears that 2017 is proving to be a year of much activity in the upper echelons of the… Read More ›
In a report on Swiss site 24 heures, it has been announced that Peter Speake-Marin has left the brand he founded sixteen years ago. This is not a sudden decision, but one over which he has been mulling for awhile…. Read More ›
In 2016 the ‘Carré des Horlogers’ became a part of SIHH. This year, the ‘Carré’ was expanded, and some new brands joined SIHH 2017. In news just announced, the SIHH will expand even further, welcoming Ferdinand Berthoud, De Witt, whose… Read More ›
Back in November 2016 we posted about some major management changes at Richemont, with the retirements of CEO Richard Lepen, CFO Gary Saage, and eight Board members, the abolishing of the CEO position, and a new structure in which the… Read More ›
In breaking news, CEO Aldo Magada is leaving his Zenith, with Jean-Claude Biver taking over the temporary helm. The press release is below. Horologium met Mr Magada during Baselworld 2016. To read our interview, click here.
Against the backdrop of what has been another challenging year for the watch industry, not only are TAG Heuer’s sales are up but they have had a 10 per cent increase in revenue and are looking to expand further in… Read More ›
