SJX Watches

Business News: Richemont’s Watch Sales Stay Flat Ahead of SIHH 2018

Strength in jewellery and retail, while watches and wholesale numbers move little.

The boss of Roger Dubuis will move to the Italian brand come April 2018.

The Swiss group is reorganising as business gets better.

He will take a stake in Breitling and lead its turnaround.

While the numbers are down, diversity is up.

The Swiss conglomerate continues to clean house as it deals with a downturn.

The conglomerate's third quarter sales grew 5%, with slight improvements across all areas.

The Michelangelo Foundation aims to preserve traditional artisanal crafts.

Employee unions rejected the Swiss watchmakers' plans to trim their workforces to cope with the downturn in business.

The luxury group abolishes the role of chief executive, promotes the next generation of leaders, while reporting grave half year results.