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 ›
Industry news
INDUSTRY NEWS: Jean-Claude Biver steps down as head of LVMH watch division
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 ›
INDUSTRY NEWS : Fortis announes new owner and CEO
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 ›
INDUSTRY NEWS : Chanel acquires 20% share in Montres Journe SA
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 ›
AUCTION NEWS : Bonhams acquired by private equity firm Epiris
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 ›
INDUSTRY NEWS : Appointment of Jérôme Lambert as Richemont Group Chief Executive Officer
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 ›
NEWS : MCH Group announces first half results for 2018
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 ›
INDUSTRY NEWS : MCH Group CEO René Kamm resigns
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 ›
INDUSTRY NEWS : Swatch Group withdraws from Baselworld
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 ›
INDUSTRY NEWS : Richemont announces plans to use blockchain
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 ›
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