As a part of their continuing efforts to expand into the mainland Chinese online market, Richemont has joined forces with Chinese e-commerce behemoth Alibaba to develop its Net-A-Porter and Mr Porter online platforms in China. The joint venture will feature… Read More ›
Barely a week has passed since the announcement by Corum that that they will leave Baselworld, but the departures continue, with the latest withdrawal from Baselworld 2019 being Maurice Lacroix, a thirty year veteran of the fair. In what is… Read More ›
Audemars Piguet and Richard Mille may have announced their surprise withdrawal from the SIHH a few weeks ago, but it is back to what is arguably becoming a hemorrhaging of exhibitors from Baselworld. Corum is the latest to depart, with… Read More ›
News about the SIHH in recent years has been about its expansion, with a significant number of brands having joined the fair in recent times, or contraction in fair time, for the SIHH 2019. Now, both Richard Mille and Audemars Piguet… Read More ›
Reuters have reported that LVMH watch division head Jean-Claude Biver is stepping down from his operational responsibilities but staying on as non-executive president of the division and its brands Hublot, TAG Heuer, and Zenith. He has headed the division since… Read More ›
Jupp Philipp In an update to the recent difficulties facing Fortis, which we most recently covered in this post, they have announced the company’s continued operation under a new owner, Mr Jupp Philipp as of September 1, 2018. The company… Read More ›
The Journe Guy has reported on both his website and Instagram account the acquisition, by Chanel, of a 20% share in Montres Journe SA. At Baselworld 2016 Chanel publicly announced, along with the launch of their Monsieur watch, that they… Read More ›
Bonhams have been bought by London-based private equity group Epiris, who announced the deal last week without disclosing details of the sale. Founded in 1793, the auction house has seven sales rooms worldwide, and for the last two decades has… Read More ›
The Richemont Group executive movements of the past few years continue, with the announcement today of Mr Jérôme Lambert, the current Group Chief Operating Officer, as Group Chief Executive Officer with immediate effect. The position of Chief Operating Officer was… Read More ›
A month after the resignation of MCH Group CEO René Kamm hot on the heels of the withdrawal by the Swatch Group from MCH’s Baselworld fair, they have issued a press release outlining their first half results for 2018, future… Read More ›
