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Over 300 articles

Switzerland
Montblanc watches burdened by poor performances

With Montblanc CEO Nicolas Baretzki on his way out, the Richemont-owned pen and leather goods manufacturer has another untimely issue on its hands: its watch subsidiary is weighed down by heavy debts. [...]

Published on 05/10/2023 at 06:00 GMT

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Houses

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Cartier
IWC
Jaeger-LeCoultre
Montblanc
Montblanc Montres
Nicolas Baretzki
Piaget
Richemont
Richemont International SA
S.T. Dupont
Van Cleef & Arpels

Switzerland
Paris court case reveals Piaget's exacting demands on sales staff

A court case in Paris has revealed the highly demanding performance targets the Richemont group jeweller Piaget imposes on its sales staff, who can be sacked if they fail to meet them.

Subscribers only Houses 31.10.2024

France
Richemont bails out Azzedine Alaïa Foundation

Headed by the founder of Elle Italia, Carla Sozzani, the foundation created by designer Azzedine Alaïa before his death in 2017 was for a long time running at a loss. As of last year, it has been back in the black, thanks to generous donations from its patrons.

Subscribers only Families 02.11.2023

United States
TAG Heuer to invest time in huge US expansion

LVMH watchmaker TAG Heuer - the brand that Frédéric Arnault, LVMH CEO Bernard Arnault's second-youngest son, has headed since 2020 - is about to embark on a dramatic sales push in the United States. Its aim is to have 50 of its own shops.

Subscribers only Houses 14.09.2023

Switzerland
Generational shift at Rolex R&D department

A key figure in Rolex's R&D department quietly left the company this summer.

Subscribers only Houses 14.09.2023

China, France
French tax authorities nab S.T. Dupont over transfers to Hong Kong

Under fire from tax authorities over sizeable transfers to Hong Kong, the luxury pen and lighter manufacturer S.T. Dupont fought to avoid sanctions. But to no avail.

Subscribers only Houses 27.07.2023

United Kingdom
Good times: Rolex's investment arm strengthens its London holdings

Through its investment arm, the Swiss watch brand is now one of the two majority shareholders in Almacantar, a property company that owns prestigious buildings in London's most sought-after areas.

Subscribers only Families 29.06.2023

Switzerland
Former Cartier CEO Perrin still raking in hefty fees from Richemont

Since leaving Richemont in 2016, former Cartier chief Alain Dominique Perrin has continued to earn millions of Swiss francs a year from the group, officially as a marketing and development consultant.

Subscribers only Houses 08.06.2023

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Just as major luxury brands are jostling for a foothold in the coveted Saudi market, Swiss giant Richemont has signed a major agreement in the country. The contract opens the door to the local market, as well as offering an opportunity to tap into the stream of wealthy visitors making Hajj pilgrimages to the kingdom.

Subscribers only Houses 27.04.2023

Swiss group Richemont will open a TimeVallée shop at a strategic location in Saudi Arabia.

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Cartier
IWC
Jaeger-LeCoultre
Montblanc
Montblanc Montres
Nicolas Baretzki
Piaget
Richemont
Richemont International SA
S.T. Dupont
Van Cleef & Arpels

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Switzerland
Montblanc watches burdened by poor performances

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Switzerland
Paris court case reveals Piaget's exacting demands on sales staff

France
Richemont bails out Azzedine Alaïa Foundation

United States
TAG Heuer to invest time in huge US expansion

Switzerland
Generational shift at Rolex R&D department

China, France
French tax authorities nab S.T. Dupont over transfers to Hong Kong

United Kingdom
Good times: Rolex's investment arm strengthens its London holdings

Switzerland
Former Cartier CEO Perrin still raking in hefty fees from Richemont

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Set up email notifications for these topics

About Glitz.paris

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Glitz.paris on social media

Indigo Publications' websites

About Glitz.paris

Subscription

Indigo Publications' websites

Hermès heirs at odds

The feud over Pierre Cardin's estate

From the Martinez to Claridge's, hostilities rage between five-star hotel mogul Paddy McKillen and Qatar

Switzerland Montblanc watches burdened by poor performances

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Switzerland Paris court case reveals Piaget's exacting demands on sales staff

France Richemont bails out Azzedine Alaïa Foundation

United States TAG Heuer to invest time in huge US expansion

Switzerland Generational shift at Rolex R&D department

China, France French tax authorities nab S.T. Dupont over transfers to Hong Kong

United Kingdom Good times: Rolex's investment arm strengthens its London holdings

Switzerland Former Cartier CEO Perrin still raking in hefty fees from Richemont

Spotlight | Saudi Arabia, Switzerland The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Set up email notifications for these topics

About Glitz.paris

Subscription

Glitz.paris on social media

Indigo Publications' websites

Switzerland
Montblanc watches burdened by poor performances

Switzerland
Paris court case reveals Piaget's exacting demands on sales staff

France
Richemont bails out Azzedine Alaïa Foundation

United States
TAG Heuer to invest time in huge US expansion

Switzerland
Generational shift at Rolex R&D department

China, France
French tax authorities nab S.T. Dupont over transfers to Hong Kong

United Kingdom
Good times: Rolex's investment arm strengthens its London holdings

Switzerland
Former Cartier CEO Perrin still raking in hefty fees from Richemont

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia