The list of bidders for Jaeger has grown and it looks like Edinburgh Woollen Mill could be in the lead with sources saying its owner’s track record of succesful turnarounds gives it a strong chance of winning the prize.
British heritage brand Jaeger is on the market again, with owner Better Capital having confirmed rumours swirling around it in recent weeks. And it looks like former owner Harold Tillman might try to buy it back.
Following Richemont's announcement that Piaget CEO Philippe Leopold-Metzger is retiring, the luxury group has revealed his successor -- Chabi Nouri, the first female to helm any Richemont watch and jewellery brand.
Richemont is replacing the heads of four of its brands, Bloomberg reported on Monday, as the luxury goods company continues a management overhaul aimed at countering weak demand for expensive watches and jewellery.