Vacheron Constantin

Rare Kashmir sapphire achieved £260k at Cheffins

A rare Kashmir sapphire and diamond ring was sold for £260,000 at Cheffins’ jewellery, silver and watches sale on 21 November after fierce international bidding led to a “record-breaking” price for a single lot of jewellery for Cheffins. The Kashmir sapphire ring (Lot 171) was from a private source in…

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Richemont appoints Louis Ferla as CEO of Cartier

Richemont has announced Louis Ferla as chief executive officer of Cartier, effective 1 September 2024. Currently chief executive officer of Vacheron Constantin, Ferla will succeed Cyrille Vigneron, who has decided to retire after eight successful years at the helm of the maison. Vigneron will assume the position of chairman of…

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Richemont sales rise 3% to €20.6bn in FY 2024

Richemont has reported a 3% increase in group sales to €20.6bn (£17.6bn) in FY 2024, driven by jewellery Maisons and retail, representing 69% of group sales. However, the group’s operating profit dropped by 5% to €4.8bn (£4.11bn). Profit for the year from continuing operations, which incorporated net one-time unallocated charges…

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Berry’s Jewellers opens new Leeds boutique

Family-owned luxury jewellers, Berry’s has opened a new boutique on Leeds High Street, dedicated to selling Vacheron Constantin watches. Vacheron Constantin is a luxury maison established in Switzerland with more than 265 years of heritage and is known for its “intricate handcrafted timepieces”. With the opening of the Vacheron Constantin…

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Watches of Switzerland preps for reopening 

Watches of Switzerland has announced that it will reopen its stores across England on 15 June.  All Watches of Switzerland, Mappin & Webb and Goldsmiths stores in the country will reopen, while its showrooms in Scotland, Wales, Northern Ireland and UK airports are expected to open at a later date.…

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How can the luxury watch industry survive?

The Swiss watch industry has dominated ever since the 1800s when farmers began assembling handcrafted mechanical watches during harsh winter months. Today Swiss watches are synonymous with luxury and prestige. But can the Swiss watchmaking industry survive? Technology Millions of consumers are investing in the convenience of having a mini-computer…

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UK jewellery and watch sales help Richemont return to growth

Richemont has reported a 5% increase in total sales in the third quarter (Q3) of its financial year, boosted by strong jewellery and watch sales in the UK. The Swiss luxury goods group – owner of jewellery and watch brands such as Cartier, A. Lange & Sohne, Jaeger-LeCoultre and Vacheron…

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Chisholm Hunter to open £8m jewellery store in Edinburgh

Luxury jeweller and diamond specialist Chisholm Hunter is set to open a new £8m jewellery store on Edinburgh’s Princes Street in early December. The premises will have approximately 10,000 square foot of retail space spread across three floors and will include a champagne bar and designated Swiss timepiece room, as…

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Richemont sales fall 4% as demand for watches slumps

Richemont, the Swiss luxury goods group, has announced a disappointing fourth quarter amid falling demand for watches. The group reported that in the third quarter, ending 31 December, sales fell by 4% at constant exchange rates (increased 3% at actual exchange rates) as sales were affected by weak trading in…

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SalonQP hails ‘record attendance’ at latest show

Luxury watch show SalonQP returned to the Saatchi Gallery for the seventh edition of the show from 12-14 November 2015 with record visitor numbers and the greatest number of exhibitors to date, according to the organisers. Show attendance was up 23% on 2014, with the Saatchi Gallery frequently full to…

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