For the cover story of WatchTime's September-October issue, on sale next week, our editors test the Panerai Radiomir 8 Days Ceramica. In this in-depth feature we explore Panerai's rise to manufacture status. … [Read more...]
Johann Rupert is affiliated with the Richemont watch and luxury corporation, a leading company of its industry.
Each year the respected Swiss business magazine, Bilan, publishes a list of the 300 richest Swiss with a rough estimate of their fortunes. For this article we examined the list for you to see which members of the watch industry made the ranking. Here they are: … [Read more...]
At its Annual General Meeting held today in Geneva, Richemont announced that its overall sales for the five months ended August 31 increased by 29% at actual exchange rates. At constant exchange rates, sales increased by 35%. The Specialist Watchmakers saw an increase of 34% at constant exchange rates, and 28% at actual exchange rates. … [Read more...]
Richemont has announced that its sales for the five months ended August 31 2010 increased by 37 percent at actual exchange rates. At constant exchange rates and excluding the impact on sales of the acquisition of Net-a-Porter.com in April 2010, sales increased by 22 percent. The Group acknowledges that its results reflect, in part, low sales figures for 2009. … [Read more...]
Switzerland has responded to the sudden death of Swatch Group Chairman Nicolas G. Hayek on June 28 with a rare outpouring of grief, praise, and appreciation. Hayek, 82, was born in Beirut, Lebanon, but grew up in Switzerland and spent his entire professional life there. Hayek has been a prominent public figure in the country for four decades and one of the country’s most famous and, ultimately, beloved figures. … [Read more...]
Richemont has announced that effective April 1, 2010, Johann Rupert will assume the role of CEO, replacing Norbert Platt who will retire at the end of the year for health reasons. Mr. Platt will remain as a director of Compagnie Financière Richemont SA and will act as an advisor to the Group. … [Read more...]
You can’t see us, but we’ve got our party hats on. This September, WatchTime magazine celebrates its 10th birthday. To mark the event, we’re publishing in our September-October issue (on newsstands now) a 38-page special section on the wild, wacky watch decade that just ended. The bulk of the section is a rundown of the top 10 watch-related stories from 1999 until now. Here’s a glimpse at that top 10 (for a fuller view, you’ll have to read the magazine). … [Read more...]