Richemont
Richemont is a global luxury goods group that significantly influences the UK jewellery and watch trade through its prestigious maisons including Cartier, Van Cleef & Arpels, and Montblanc. Its strategies in branding, retail expansion, product innovation, and pricing set benchmarks throughout the luxury sector. Jewellery Focus offers expert coverage of Richemont’s UK and global activities, such as boutique openings, product launches, executive leadership shifts, sustainability initiatives, and financial results. Our reporting equips UK jewellers, suppliers, brands and retailers with intelligence on how Richemont’s market moves shape sourcing trends, competitive positioning and consumer expectations.
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Mar- 2024 -15 MarchDesigners
Chaumet appoints new CEO
Chaumet has announced the appointment of Charles Leung as its new CEO effective 1 January 2024. Leung is a graduate of the Chinese University of Hong Kong and ESSEC Business School in Paris. He began his career in High Jewellery at Cartier (Richemont), working in marketing and retail. He joined…
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Feb- 2024 -12 FebruaryRetailers
Buccellati appoints Nicolas Luchsinger as CEO
Jewellery maison Buccellati has appointed Nicolas Luchsinger as its new CEO, starting from 2 April 2024. Luchsinger, currently president Asia Pacific at Van Cleef and Arpels, has matured an “extensive experience” of 17 years in Van Cleef and Arpels, covering different managerial roles as retail director and heritage director at…
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Jan- 2024 -5 JanuaryRetailers
LVMH confirms new watches and jewellery division appointments
LVMH has made a raft of appointments within the LVMH Watches and Jewellery Division, effective since January 1st 2024. Frédéric Arnault, who joined Tag Heuer in 2017, and became CEO of Tag Heuer in 2020, is appointed CEO of LVMH Watches, in charge of Hublot, Tag Heuer and Zenith. He…
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Jul- 2023 -18 JulyRetailers
Richemont’s jewellery maisons’ sales rise to 24%
Richemont’s three jewellery maisons’ – Buccellati, Cartier and Van Cleef and Arpels have reported 24% increase in sales in FY23, according to its trading update for its first quarter ended 30 June 2023. According to the report, sales progressed in all channels and regions excluding the Americas where sales were…
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Apr- 2023 -3 AprilProduct Launches
Richemont launches Enquirus
Richemont has launched Enquirus, a neutral, global digital platform designed to help reduce watch and jewellery related crime. Enquirus was designed in close collaboration with a wide range of partners, including watch and jewellery manufacturers, law enforcement agencies, insurance companies, the pre-owned market and clients. According to Richemont, this trusted…
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Nov- 2022 -16 NovemberRetailers
Richemont sees jewellery sales surge 24%
Richemont has reported strong sales and profits from its jewellery business as sales increased 24% in the year ended 30 September 2022. The company, which owns brands such as Cartier and IWC Schaffhausen, made nearly €9.7bn (£8.5bn) this half year up from nearly €7.8bn (£6.8bn) last year. It also reported…
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Sep- 2022 -30 SeptemberDesigners
Cartier International joins CIBJO as commercial member
Jewellery maison Cartier International has joined the World Jewellery Confederation (CIBJO) as a commercial member. Cartier operates over 200 boutiques in more than 60 countries, and three flagship stores, known as temples, in Paris, New York and London. Its revenues stood at approximately $12.4bn (£1.11bn) in 2022. The company, which…
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Jul- 2022 -18 JulyNews
Richemont Q1 sales rise 12% to £2.55bn
Richemont has reported sales growth of 12% for the first quarter ending 30 June 2022, rising from €4.39bn (£3.72bn) to €5.26bn (£4.46bn), with its Jewellery Maisons business also delivering 12% sales growth from €2.51bn (£2.13bn) to €3bn (£2.55bn). The group’s other business areas, mostly composed of Fashion and Accessories Maisons,…
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Apr- 2022 -1 AprilTrade Organisations
RJC executive director steps down amid ongoing Russia conflict
The Responsible Jewellery Council’s (RJC) executive director, Iris Van der Veken, has reportedly resigned from her role following the organisation’s handling of Alrosa’s membership during the Russia-Ukraine war. According to Rapaport News, Van der Veken handed in her resignation letter to the board of directors on Wednesday (30 March) as…
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Mar- 2022 -11 MarchEvents
Programme of events unveiled for Vicenzaoro this March
Vicenzaoro is set to rally sector institutions, thought leaders and key influencers for five days of talks and conferences on the evolution and prospects of the gold and jewellery industry. The event will take place in Vicenza from 17th to 21st March 2022 during the International Jewellery Show organised by…
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