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At five points in the past 500 million years, life on Earth was almost completely wiped out. We are now on the brink of a sixth mass extinction, and we are the cause. Can humans right their wrongs? The luxury industry must lead by example.
An influx of capital ends a year marked by a boom in sales at auction and on the pre-owned market as watches take on a new role as investment products.
The Richemont Group has announced a vast project for a campus in Geneva. Costing CHF 100 million, the site will be home to new production facilities and, more importantly, an innovative training centre.
After the takeover of La Joux-Perret by the Japanese Citizen group, Hermès enters the fray. The Parisian firm, which recently took a 32.5% stake in case manufacturer Joseph Erard, is in negotiations to buy dialmaker Natéber.
