IWC set to become Richemont’s second billionaire watch brand

Richemont has joined its rival luxury conglomerate LVMH in reporting record sales and profits so far in 2022, with results boosted by the relative weakness of European currencies against the soaring US dollar. Richemont sales for the six months to the end of September jumped by 24% in euros. Without dollars and dollar-equivalents like Middle … Continue reading IWC set to become Richemont’s second billionaire watch brand