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 ›
Following last weekend’s announcement by the Swatch Group of their withdrawal from the Baselworld watch and jewellery fair, organising company MCH Group has announced the resignation of CEO René Kamm, who has spent almost two decades with the Group. Mr Kamm… Read More ›
The SIHH may be expanding in terms of exhibitors (although reduced in days), but Baselworld has been shrinking both in terms of participants and length, with the 2019 edition to be even more noticeably smaller than this year’s due to… Read More ›
The Richemont Group has announced its intention to introduce blockchain technology to bring transparency to its supply chain, track goods and materials (including sales channels), reassure customers of product authenticity, and to fight counterfeiting. The announcement was made by Professor Jin Keyu,… Read More ›
There have been many changes to the Salon International de la Haute Horlogerie in the past three years, from the addition of the Carré des Horlogers and brand expansion to the introduction of public days. These are continuing, with the… Read More ›
After a movement-filled 2017 for Richemont senior executives which started with both Board level and structural changes, not to mention a major departure, the South China Morning Post has reported that the Asia-Pacific President of Van Cleef & Arpels, Catherine Renier,… Read More ›
Since we wrote about Fortis being in bankruptcy deferral in November 2017 there have been a number of documents released by the Swiss Official Gazette of Commerce (SOGC) relating to this case (see below). As we reported in November, the… Read More ›
The year has started on a more optimistic note for the Swiss watch industry, with the FH reporting that watch industry exports rose in January, with a value of 1.6 billion CHF, a 12.6% growth against January 2017. Meanwhile, total… Read More ›
It has been reported on the 24 heueres website that the watch brand Fortis Uhren has filed for debt protection under Swiss insolvency laws. Fortis was founded in 1912 in Grenchen by Walter Vogt, and has been most widely known… Read More ›
