Piaget CEO Chabi Nouri On New Releases, House Heritage, Pioneering Innovation & The Shifting Watch World

CEO of luxury watch and jewelry Maison Piaget, Chabi Nouri, chats with Haute Time live on Zoom for exclusive interview about the brand & watch world.

By Adrienne Faurote

Throwback Thursday: Van Cleef & Arpels Pierre Arpels

It's #ThrowbackThursday! Today we're looking back at the original timepiece by Pierre Arpels...

Jaeger-LeCoultre Appoints New CEO Daniel Riedo

In the latest move from luxury conglomerate Richemont, Jaeger-LeCoultre has received a new CEO to replace its loss to Montblanc...

Kering Reportedly Looking to Buy Richard Mille

Luxury conglomerate Kering is reportedly in talks with independent watchmaker Richard Mille to acquire his manufacture...

Richemont Post Strong Growth in Watch Industry

Luxury conglomerate Richemont has released its annual financial report and news from its brands, including Jaeger-LeCoultre, Lange & Söhne, IWC, Piaget, Van Cleef & Arpels, Roger Dubuis and Vacheron Constantin...

Richard Mille Team Up With Verification Authorities in Counterfeit Crackdown

Luxury watchmakers Richard Mille have teamed up with independent verification authorities Trusted.com to track their timepieces in an effort to combat the sale of counterfeits. The announcement is just the latest move from the Swiss watchmaking industry against counterfeiters, with luxury conglomerate Richemont recently taking producers of fake Cartier watches to court for in a […]

Watchmakers Struggle With Supply Bottleneck As Swatch Parts Cut-Off Comes Into Effect

Luxury watchmakers are fighting for market shares of the lucrative Swiss watch industry, which the Federation of the Swiss Watch Industry FH pegs at a worth of US$23 billion. With growing demand in Asian, European and American markets, luxury watchmakers are scrambling to secure production means in order to maintain growth, but Reuters reports that there […]

Richemont Strikes Deal For Distribution of Baume & Mercier Throughout China

Luxury conglomerate Richemont have reportedly reached an agreement with Chinese jewelry company Chow Tai Fook to distribute Baume & Mercier watches throughout China. China Retail News reports that Richemont, which owns haute horlogerie brands like Jaeger-LeCoultre, Cartier, Roger Dubuis, Montblanc and Vacheron Constantin, will expand their market share of luxury watch sales. China Retail News cites a […]

As Growth Slows, Luxury Group Richemont Names New CEOs

On Friday, November 9th, as a way to help founder and controlling shareholder Johann Rupert see the luxury goods super group through a time of slowed growth in Asian, Richemont named two heavily experienced managers in the company as joint chief executives. Bernard Fornas, the 65-year old executive from Cartier and Richard Lepeu, 60, will […]

Richemont Shares Rise on Profit Announcement

Swiss luxury conglomerate Richemont exhibited strong growth in 2012, despite significant investments and the heavy tariffs imposed on its goods by Chinese regulators. As the owner of several luxury brands including Cartier, Richemont is second only to LVMH in the scale of its luxury operations. For the first half of 2012, Richemont’s profits increased between […]

Richemont CEO tells Europe to Shape Up

Europe is at risk of becoming nothing more than a tourist attraction for wealthy Chinese if it does not reform, head of luxury goods group Richemont Johann Rupert said. Rupert, the South African chairman and chief executive of Richemont told a results conference call on Wednesday that a few years ago he had said, “If […]

Richemont To Invest in Watch Production Site Outside of Geneva

Compagnie Financiere Richemont announced Monday that it will invest $100 million Swiss Francs on a production site which will include watch making shops, training centers and research centers on watch technology. The site is in the town of Meyrin outside of Geneva, home to famed watch houses such as Maison Roger Dubuis, Maison Van Cleef […]

Stanislas de Quercize Appointed by Richemont to Head Cartier

The CEO of Richemont subsidiary Van Cleef & Arpels Stanislas de Quercize will be replacing Bernard Fornas as chief executive of theCartier. Fornas is scheduled to retire at the end of the year. Cartier is the largest luxury brand owned by Richemont, which is expanding into emerging markets including Brazil and China. Other brands owned by […]

SIHH Update: Day 1 From Carol Besler

This is the 22nd time I have travelled to Geneva to cover the SIHH (Salon International de la Haute Horlogerie), the invitation-only Richemont affair showcasing the new introductions of 18 elite Swiss watch brands. It is the first SIHH, however, about which I have written a blog. Instead of capping the night with a glass […]

Montblanc Watches To Out Sell Pens

  While Montblanc may be best know for their ink instruments, it’s their watches which are seeing the most growth within the luxury goods company. Sales of the signature fountain pens from this century old company now account for less than half of the sales at Montblanc. The brand now includes expensive luggage carriers, diamond […]