Swiss luxury watchmaker Audemars Piguet said it would launch a second-hand business this year, becoming the first big brand to announce plans to tap into a fast-growing market for pre-owned premium watches.
Luxury goods group Richemont on Friday appointed Jérôme Lambert, currently head of operations, to the newly created role of chief operating officer responsible for the Swiss group's watch and fashion brands.
Cartier-maker Richemont said its sales rose by a better-than-expected 12 percent at constant currency in the five months to Aug. 31, helped by easy comparables and a strong performance in its jewellery business.
Georges Kern, tipped as a potential chief executive of Chloé and Alaia owner Richemont , left the luxury goods group abruptly on Friday just four months after taking over as head of its watchmaking division.
Swiss luxury watchmaker Breitling, whose sought-after timepieces are worn by celebrities including David Beckham and John Travolta, has been sold to CVC Partners, the private equity group revealed Friday.
Mimmo Mariottini, who for a long time worked at Bally, will co-manage the American subsidiary of the German luxury brand, at the same time overseeing worldwide sales. Porsche Design has also added three new hires to i...