Barnstorming start to the financial year for Richemont
Richemont has released its Q1 sales figures for FY27, with sales up +17% year-on-year (+20% at constant rates). Its watchmaking
Richemont
US law firm investigating Swatch Group and Richemont over tariff-driven price increases
A class action law firm in the US is investigating Swatch Group, Richemont, Hermes and Kering, among other major businesses,
Richemont completes sale of Baume & Mercier
Damiani Group has completed the acquisition of Baume & Mercier from Richemont, following the initial announcement back in January. It
Collector sues Richemont and Canadian jeweler for ‘lost’ watch
Both Richemont and Montreal-based jeweler Birks are being sued by a disgruntled collector, who claims that they lost his Roger
FINANCIAL INSIDER: Japanese watchmakers close gap on the Swiss
The watch industry has long been dominated by Swiss watch brands, at least since the 17th and 18th centuries when
Richemont reports solid financials but watch division dips
Richemont has published its financial results for FY26, delivering record turnover for the year ending 31 March 2026. Turnover for
Applications open for major US watchmaking school
The Richemont-founded North American Institute of Swiss Watchmaking (NAIOSW) has announced the opening for applications to its Encasing Technician Course
Jaeger-LeCoultre CEO weighs up management buyout
Jaeger-LeCoultre is rumoured to be negotiating a buy-out from Richemont, led by CEO Jérôme Lambert. According to Miss Tweed and
Watchfinder chief growth officer departs
Pre-owned watch platform Watchfinder’s chief growth officer Andres Boot is leaving the company. Posting on LinkedIn, Boot spoke fondly of
Baume & Mercier departs Richemont for Damiani Group
Richemont and the Damiani Group have announced an agreement for the Damiani Group to acquire Baume & Mercier. The private