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Pierre Jacques appointed CEO of Manufacture Contemporaine du Temps
Manufacture Contemporaine du Temps (MCT) rings the changes this new year with the appointment of Pierre Jacques as its new CEO, effective as of February 15th. Mr Jacques is well-known in the industry, having successively headed the Grand Prix d’Horlogerie de Genève, the Geneva store of Les Ambassadeurs group, and watch brand De Bethune. He takes over from François Candolfi who had managed MCT since its takeover by Cage Holding in 2012.
A living treasure of the Forbidden City
The Forbidden City in Beijing is home to one of the most beautiful galleries of antique clocks and watches in the world. Website Montres de Luxe reports that the Chinese newspaper People’s Daily has devoted an article to its master watchmaker, Wang Jin, who has spent the past thirty years caring for these wonders, after training… on the job!
Depardieu's latest provocation for Cvstos
French actor Gérard Depardieu has been widely criticised for a promotional film for Cvstos that shows him, hunting rifle in hand, next to a dead deer. The clip ends with the words “Proud to be Russian”.
Rolex supports Seasons documentary
Through its association with Seasons, Rolex is supporting the work of Jacques Perrin in celebrating the beauty of the natural world. The brand shares the director’s taste for unexplored territories and his desire to push back the limits. A partnership that sits perfectly with the spirit of the Geneva watchmaker.
Swatch Group: repurchasing of own shares
The Swatch Group intends to repurchase own shares up to a maximum value of CHF 1 billion for a later reduction of capital or for other purposes The repurchase of shares will start on 5 February 2016 and will last until 4 February 2019 at the latest.
A good 2015 vintage for LVMH
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €35.7 billion in 2015. This is a 16% increase over the previous year. Watches & Jewelry showed 8% organic revenue growth at €3.308 billion. In reported figures, revenue grew by 19%.
A new International Sales Manager at Armin Strom
New year, new faces. Swiss manufacture Armin Strom began 2016 by appointing Christian Leiggener to its sales team. Mr Leiggener is something of a watch industry veteran with 16 years’ experience in international sales and marketing, much of it with Maurice Lacroix, the brand he recently left. According to Sebastian Marten, Head of Sales & Marketing at Armin Strom, Christian Leiggener’s main objective will be to “further strengthen and expand distribution.”
Goodbye Jules Audemars
In an interview to WorldTempus, Audemars Piguet CEO François Bennahmias has announced that the Jules Audemars collection will be discontinued, to be replaced by a new round Watch.
F.P. Journe is the new owner of Jean-Claude Sabrier's library
Ferdinand Berthoud, Pierre Le Roy, Antide Janvier, Abraham-Louis Breguet and Thomas Mudge are among the illustrious names that line the walls at F.P. Journe, since the manufacture acquired close to a thousand books, manuscripts, letters and catalogues from the vast horological library of historian Jean-Claude Sabrier. A wealth of knowledge, now presented in the exhibition hall of F.P. Journe’s historic premises in Geneva.