News
127 reference(s) found
Richemont acquires 60% of Roger Dubuis
21 August 2008Richemont is pleased to announce that the Group has acquired a controlling interest in the well known Geneva watch company, Manufacture Roger Dubuis SA in a private transaction with Carlos Dias, one of the founding shareholders.
Swatch Group acquires strategic stake in Rivoli Group
21 August 2008The Swatch Group Ltd, the world’s largest watch manufacturer, has today announced the acquisition of an important stake in the Rivoli Group, one of the leading lifestyle luxury goods retailers in the GCC (Gulf Cooperation Council) which operates over 245 retail outlets.
Richard Mille Paris boutique opening
21 August 2008Last June, the Richard Mille boutique opened 2 Place Vendôme. This new place features the brand’s creation placed within an elegant and sober setting.
LVMH results in the first half of 2008
21 August 2008LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenues of €7.8 billion in the first half of 2008, reflecting organic growth of 12%. The Group had excellent performances in Asia, the United States and Europe.
Swatch Group half-year report 2008
21 August 2008Group growth continued unabated in the first half of 2008. In local currency terms, Group sales rose by an impressive +13.8%, however, the negative exchange effect of -5.3% was significant.
Intronisation of the first « Fine watchmaking Ambassadors » in Spain by the FHH
28 July 2008During an official meeting the Fondation de la Haute Horlogerie officially appointed five spanish personnalities as « Fine watchmaking Ambassadors » for their commitment to support and to promote the technical and precious fine watchamking, as well as for their ethics.
Nomination of Philippe C. Merk to the post of CEO
14 July 2008Audemars Piguet Board of Directors has the pleasure to announce the nomination of Mr. Philippe C. Merk, currently the Chief Executive Officer of Desco Luxury Group (Maurice Lacroix), to the post of Chief Executive Officer of Audemars Piguet Holding SA. He will begin on January 1st, 2009.
The FHH italian local delegation meeting
14 July 2008On 26th June 2008 it has been organized the periodical meeting of the Italian Delegation
Swatch Group sale Michel AG to Ferton Holding and acquires the watch division of Burri SA
11 July 2008The Swatch Group Ltd. is selling its company Michel Präzisionstechnik AG in Grenchen, active in the sector of automotive components, to Ferton Holding SA in Delémont. In return The Swatch Group Ltd. is acquiring for part of the purchasing sum, the watch components division of Burri SA. Burri SA, a company of Ferton Holding SA, has been supplying components to various Swatch Group companies for many years.
Death of Severin Wunderman
27 June 2008Nice, 25th June 2008, Severin Wunderman died at the age of 69 at his vacation home in Nice resulting from a severe stroke. The owner of Corum since 2000, he revitalized and reestablished the Corum Brand with his creativity and ingenuity.
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