Posted inNEWS, Business, FEATURES, LEAD STORY, OPINION
How will Richemont’s boardroom reshuffle impact its watch maisons’ direction and performance?
Market analysis in Morgan Stanley’s much-quoted annual report on the Swiss watch industry makes it clear that the likes of Jaeger-LeCoultre, Panerai and IWC are not just lagging behind rivals in the market but acting as a drag on Richemont’s performance overall, while the bulk of its forward momentum is provided by Cartier, Van Cleef […]