Distribution of JeanRichard watches in the UK has been taken back in-house by the Swiss brand.
UK retailers carrying the Sowind Group-owned brand, thought to number seven, are now understood to be dealing with the brand’s Swiss head office.
The brand had until earlier this year been distributed in the UK by Giles Rees’ company, Luxury Degrees.
The move followed the arrival of former Corum boss Antonio Calce as new chief executive officer of Sowind Group, itself part of apparel and accessories conglomerate Kering Group, in January and the subsequent departure of JeanRichard managing director, Bruno Grande.
JeanRichard’s measured presentation of new models at Baselworld this year was in stark contrast to its expansive and vibrant showing at the previous year’s show. It is not clear whether distribution in any of JeanRichard’s other territories has been affected.
A representative of Sowind Group refused to comment on the matter to WatchPro, citing the group’s ownership by a listed company as a reason.