A Time and a Place Rare but Very Well Done Chain Reaction
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Press Release
Press release Zurich/Geneva, 17 April 2019 Global Powers of Luxury Goods: Swiss luxury companies are taking the digital path to accelerate growth • The sales of the world’s Top 100 luxury goods companies grew by 11% and generated aggregated revenues of USD 247 billion in fiscal year 2017 • Richemont, Swatch Group and Rolex remain in the top league of Deloitte’s Global Powers of Luxury Goods ranking • All Swiss companies in the Top 100 returned to growth in FY2017, but with only 8% increase, they lagged behind the whole market for the third time in a row • Luxury goods companies are making significant investments in digital marketing and the use of social media to engage their customers Despite the recent slowdown of economic growth in major markets including China, the Eurozone and the US, the luxury goods market looks positive. In FY2017, the world’s Top 100 luxury goods companies generated aggregated revenues of USD 247 billion, representing composite sales growth of 10.8%, according to Deloitte’s 2019 edition of Global Powers of Luxury Goods. For comparison, in FY2016 sales were USD 217 billion and annual sales growth was as low as 1.0%. Three-fourth of the companies (76%) reported growth in their luxury sales in FY2017, with nearly half of these recording double-digit year-on-year growth. Switzerland and Hong Kong prevail in the luxury watches sector Looking at product sectors, clothing and footwear dominated again in FY2017, with a total of 38 companies. The multiple luxury goods sector represented the largest sales share (30.8%), narrowly followed by jewellery and watches (29.6%). -
Joining RJC Will Build Your Business in Major International Markets
Joining RJC Will Build Your Business in Major International Markets Hong Kong International Jewellery Show 7 March 2014 Agenda Welcome by · Benedict Sin, HKJJMA Chairman Opening by · James Courage, RJC Chairman and PGI Chief Executive Officer Speakers · Catherine Sproule, RJC Chief Executive Officer, Interim · Charles Chaussepied, Piaget Director of Corporate Affairs, Richemont CSR Committee member, Chair, RJC Accreditation/Training Committee · David Bouffard, Signet Jewelers Ltd. VP, Corporate Affairs, Co-Chair, RJC Standards Committee · Q&A Session Cocktail reception hosted by RJC www.responsiblejewellery.com Mission, vision values – re-launched in 2013 RJC Vision Our vision is a responsible world-wide supply chain that promotes trust in the global fine jewellery and watch industry. RJC Mission We strive to be the recognized standards and certification organization for supply chain integrity and sustainability in the global fine jewellery and watch industry. RJC Values We are respectful and fair. We practice honesty, integrity and accountability. We engage in open collaboration . www.responsiblejewellery.com … and growing Membership: • 460+ Members • US$40+ billion in annual relevant sales Accredited Auditor firms: • 12 firms • 6 firms with audit scope in Hong Kong and China Certification: • 327+ Certified Members – growing daily www.responsiblejewellery.com From mine to retail • Mine to retail initiative for the jewellery supply chain, covering diamonds, gold and platinum group metals • Averaging 20% pa growth in total Membership over -
Material Progressions: Richard Mille
Spotlight | 53 Material Progressions 5 Last year, QP writer Nick Foulkes used the term ‘garage brand’ to describe Richard Mille’s watches, and he wasn’t far off. He was using the term to describe the ‘upstart’ whose hi-tech creations have been on the market for just five years, yet have managed to attract attention and admiration from the public and industry insiders – admittedly with the help of Audemars Piguet’s justly famous Renaud & Papi studio. But this was just the start, as Theodore Diehl, Richard Mille’s Head of Communications and chief enthusiast tells QP. The transition to real brand status will be truly crystallised by 2006’s panoramic collection. Theodore Diehl One of the most noticeable features of Richard Mille’s RM005 FM’s colours are meant as a celebration of Felipe 2006 collection is the use of colour. This is surprising for Massa’s racing period at BMW Sauber and his new start anyone familiar with the Frenchman’s oeuvre, which with the Ferrari racing team in 2006. has – with the possible exception of last year’s RM007 haute joaillerie ladies’ model – thus far banked on the However, unlike the ultra-light RM009 FM, which was unmistakeable aesthetic of hi-tech, brushed-metal utility. brought out in 25 pieces, the RM005 FM will be created For the first time, colour makes an appearance in two in 300 pieces with micro-blasted titanium cases and 40 special editions of the automatic RM005. This model, pieces in platinum. The colours used in the platinum characterised by a variable-geometry rotor, carries the version are taken from his former team – blue/yellow ‘FM’ postscript first assigned to last year’s RM009 with a touch of green – and the titanium version takes its tourbillon, designed in honour of F1 driver and brand fan cue from the Brazilian flag of his homeland, with green The RM005 FM in platinum, named after Brazilian F1 driver Felipe Massa, whose initials first graced last year’s ultra-light RM009. -
The Deloitte Swiss Watch Industry Study 2020 an Accelerated Transformation the Deloitte Swiss Watch Industry Study 2020 | an Accelerated Transformation
The Deloitte Swiss Watch Industry Study 2020 An accelerated transformation The Deloitte Swiss Watch Industry Study 2020 | An accelerated transformation About the study This report is the seventh edition of the Deloitte study on the Swiss watch industry. It is based on an online survey and interviews conducted between mid-August and mid-September 2020 with 55 senior executives in the watch industry. The study is also based on an online survey of 5,800 consumers in China, France, Germany, Hong Kong, Italy, Japan, Singapore, Switzerland, the United Arab Emirates, the United Kingdom and the United States. The year 2020 marks 175 years of Deloitte making an impact that matters. Today Deloitte is a thriving global organisation, which has grown to more than 300,000 people proudly carrying forth a legacy of connection and collaboration. We’re not trusted because we’ve existed for 175 years. We’ve existed for 175 years because we’re trustworthy. That’s our legacy. That’s our future. 02 The Deloitte Swiss Watch Industry Study 2020 | An accelerated transformation Contents 1. Key findings 04 2. Industry overview 05 2.1 COVID-19: Unexpected and unprecedented 05 2.2 Quartz watches: Continuing drop in exports and sales 07 2.3 China: Key for recovery and growth 09 3. Looking ahead 11 3.1 Beyond the pandemic 11 3.2 The Far East and high-end are vital for growth 12 4. Challenges remain 13 4.1 External risks: Protests and politics 13 4.2 Smartwatches: Industry missed the boat 14 5. Business strategies 18 5.1 Digitalising for a ’consumer first’ world 18 5.2 The pre-owned market heats up 23 5.3 Sustainability: The future is green 25 6. -
United States District Court Southern District of Florida Case No. Richemont International Sa, Cartier International A.G., Montb
Case 0:16-cv-62612-BB Document 1 Entered on FLSD Docket 11/03/2016 Page 1 of 44 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA CASE NO. RICHEMONT INTERNATIONAL SA, CARTIER INTERNATIONAL A.G., MONTBLANC-SIMPLO GMBH, CHLOE S.A.S., and OFFICINE PANERAI A.G., Plaintiffs, vs. THE INDIVIDUALS, PARTNERSHIPS, AND UNINCORPORATED ASSOCIATIONS IDENTIFIED ON SCHEDULE “A,” Defendants. / COMPLAINT FOR INJUNCTIVE RELIEF AND DAMAGES Plaintiffs, Richemont International SA, Cartier International A.G., Montblanc-Simplo GMBH, Chloe S.A.S., and Officine Panerai A.G. (collectively “Plaintiffs”),1 hereby sue Defendants, the Individuals, Partnerships and Unincorporated Associations identified on Schedule “A” hereto (collectively “Defendants”). Defendants are promoting, selling, offering for sale and distributing goods using counterfeits and confusingly similar imitations of Plaintiffs’ respective trademarks within this district through various fully interactive commercial Internet websites operating under their individual, partnership, and/or business association names identified on Schedule “A” hereto (the “Subject Domain Names”). In support of their claims, Plaintiffs allege as follows: 1 Plaintiffs are all subsidiaries of Compagnie Financière Richemont SA, which is one of the world’s leading luxury goods groups. Case 0:16-cv-62612-BB Document 1 Entered on FLSD Docket 11/03/2016 Page 2 of 44 JURISDICTION AND VENUE 1. This is an action for federal trademark counterfeiting and infringement, false designation of origin, cybersquatting, common law unfair competition, and common law trademark infringement pursuant to 15 U.S.C. §§ 1114, 1116, 1125(a), and 1125(d), and The All Writs Act, 28 U.S.C. § 1651(a). Accordingly, this Court has subject matter jurisdiction over this action pursuant to 15 U.S.C. -
Richard Mille Named Official Time Richard Mille Named
Richard Mille named official timetime----keepingkeeping partner for Yas Marina Circuit and Yas Racing School Abu Dhabi ––– Yas Marina Circuit has named Richard Mille as its official time-keeping partner over the next three years. To celebrate the new association, Richard Mille has launched a limited-edition watch, the RM 011 Felipe Massa Flyback Chronograph Yas Marina Circuit unveiled at the circuit on Thursday 24 of March. The RM 011 has been first developed by Richard Mille in collaboration with Formula 1 driver Felipe Massa. It features a flyback chronograph, an annular calendar function, 60-minute countdown timer, oversized date 12- hour totalizer and a case design combining a titanium central case band with a white gold bezel and bottom case. For this special occasion, RM 011 Yas Marina Circuit has been now presented in an exclusive Yas Marina- coloured livery with a bright blue inner bezel and a white rubber strap. Only ten of the 18k white gold watches will be produced and they are available exclusively through Yas Marina Circuit. Richard Cregan, Chief Executive Officer of Yas Marina Circuit, commented: “This partnership with Richard Mille recognizes the brand ’s reputation for innovative technology and cutting-edge design. Accurate time-keeping is at the heart of motorsport and Yas Marina Circuit is globally renowned for the way design has defined our unique appearance, so the two companies are well matched. We look forward to a successful partnership over the next years.” Peter Harrison, CEO of Richard Mille EMEA said, ‟Richard Mille gained recognition by creating watches with a strong identity; he pioneered and revolutionized high-end watchmaking by applying concepts and materials from the world of motorsport and aerospace. -
Italian Chef Carlo Cracco New Partner of Richard Mille
ITALIAN CHEF CARLO CRACCO NEW PARTNER OF RICHARD MILLE Richard Mille is delighted to welcome Italian Michelin-Starred Chef Carlo Cracco to its elite stable of Brand Partners. Carlo Cracco is regarded by many as one of the masters of contemporary Italian Cuisine with two Michelin Stars, three Gambero Rosso ‘forks’ as well as being given an exceptional 18,5/20 from the Italian magazine L’Espresso. He started his professional career in 1986 with Gualtiero Marchesi, who is considered to be the founder of Italian Modern Cuisine. He then moved to France to join Alain Ducasse (Hotel de Paris, Monaco) and Lucas Cartons (Senderens, Paris) refining his culinary skills and learning the secrets of French Haute Cuisine. In 1991 he moved back to Italy to be the Head Chef at Enoteca Pinchiorri, Florence, which was awarded three Michelin Stars. Gualtiero Marchesi then offered him the honour of opening his new restaurant, L’Albereta in Erbusco where Cracco was chef for the following three years. In 1996 Cracco decided to open his own restaurant, Le Clivie, in Piobesi D’Alba. The restaurant was awarded its first Michelin star a year later. The year 2000 represented a turning point in Cracco’s career; he accepted the invite of the Stoppani family (owners of the famous Peck delicatessen in Milan since 1883) to become Chef Excutive of a new joint venture; the restaurant Cracco-Peck. In 2001 he saw his dream come true when the restaurant got awarded two Michelin Stars, three ‘forks’ from the Gambero Rosso guide and 18,5/20 from the Italian magazine L’Espresso. -
Download Group Presentation
PUBLIC at a glance PUBLIC CONTENTS 3 THE GROUP AT A GLANCE 8 HOW WE OPERATE 12 SUSTAINABILITY 18 OUR LATEST FIGURES 23 APPENDIX PUBLIC * THE GROUP AT A GLANCE *End March 2021 **May 2021 Founded A leading luxury in 1988 goods group CHF 50 bn** € 13 bn € 1.5 bn € 3.4 bn Market capitalisation Sales Operating profit Net cash Top 8 SMI Top 3 JSE 3 PUBLIC THE GROUP AT A GLANCE * *End March 2021 25 Maisons and businesses Over 35 000 Employees (including over 8 000 in Switzerland) 7 Schools 9 Main Foundations 2 247 Boutiques supported (of which 1 190 internal) Richemont Headquarters by architect Jean Nouvel, Geneva 4 PUBLIC FROM THE PAST INTO THE FUTURE 207 188 174 153 128 115 102 69 26 19 1755 1814 1830 1833 1845 1847 1860 1868 1874 1893 1906 1919 1928 1952 1983 1995 2001 2002 2015 2021 * 266 191 176 161 147 115 93 38 20 6 *Both YOOX and NET-A-PORTER were founded in 2000 5 PUBLIC 1988 – 2020: UNIQUE PORTFOLIO MOSTLY BUILT BY ACQUISITIONS 1988 1990’s 2000’s 2010’s 2020’s 6 10 15 24 25 6 PUBLIC A WORLDWIDE PRESENCE * *End March 2021 Sales by geographical area Japan Middle East and Africa 7% 7% Americas 18% Europe 23% Operating in Europe 38 Europe locations Asia Pacific 45% 2 247 boutiques Cartier store in Cannes, France 7 PUBLIC HOW WE OPERATE PUBLIC WHAT WE STAND FOR Our corporate culture is determined by the Collegiality Freedom principles we live by They affect what we do and why we do it They shape how we behave every day — in all areas Solidarity Loyalty of our business 9 PUBLIC HOW OUR BUSINESS OPERATES We work as business partners Headquarters Our Maisons and businesses SEC Strategy, Capital Allocation are directly in charge of: Strategic Product & Guide the Maisons by verifying that decisions on Products, Communication Committee Communication and Distribution are appropriate and consistent with . -
Annual Report and Accounts 2008 Contents
Annual Report and Accounts 2008 Contents Richemont is one of the world’s leading luxury 2 Executive Chairman’s review goods groups. Johann Rupert’s review of the Group’s performance and restructuring proposals The Group’s luxury goods interests encompass several of the most prestigious names in the industry including Cartier, Van Cleef & Arpels, 5 Group Chief Executive Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Alfred Dunhill and Montblanc. Officer’s review Norbert Platt’s overview of luxury business Each of the Group’s Maisons represents a proud developments during the year tradition of style, quality and craftsmanship which Richemont is committed to preserving. The individual heritage and identity of each Maison is rigorously guarded, the designers and craftsmen being constantly challenged to keep the heritage alive through a continuous process of reinvention and innovation. In addition to its luxury goods businesses, Richemont also holds a significant investment in British American Tobacco – one of the world’s leading tobacco groups. Cautionary statement regarding forward-looking statements This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. Words such as ‘may’, ‘should’, ‘estimate’, ‘project’, ‘plan’, ‘believe’, ‘expect’, ‘anticipate’, ‘intend’, ‘potential’, ‘goal’, ‘strategy’, ‘target’, ‘will’, ‘seek’ and similar expressions may identify forward-looking statements. Such forward- looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside the Group’s control. Richemont does not undertake to update, nor does it have any obligation to provide updates or to revise, any forward-looking statements. -
Å›¯Æœ¬Tros Since January 2019 Updated 2020-12-28.Xlsx
Trademark(s) NBA, National Basketball Association, Major League Baseball, MLB, World Series, NHL, Stanley Cup, National Football League, NFL, Super Bowl, Collegiate Licensing Company, CLC, College Vault, Oklahoma State University, O State, Bedlam Torqbar Pearson Education, Inc., McGraw Hill LLC, Cengage Learning, Inc., and Bedford, Freeman & Worth Publishing Group, LLC Levi's Oakley design patent (D719,209) Harley-Davidson Power Floss Oakley design patent (D659,180) Canada Goose Swarovski Cartier, Montblanc, Chloe, Can Cleef & Arpels, Panerai, IWC, Piaget, Baume & Mercier, Jaeger-LeCoultre, Vacheron Constantin Supreme Tommy Hilfiger Gold's Gym Calvin Klein, Calvin Klein Jeans, CK Marc Jacobs Harley-Davidson Lululemon, Lululemon Athletica Jimmy the Bull Chrome Hearts Nike Paw Patrol Peppa Pig Burberry, Burberry London, Prorsum Patagonia Kendra Scott Design, Kendra Scott Bose Miraculous Monster Energy Rubik's Britto Angle-Izer Stan Lee, Stan Lee Presents Bulgari David Yurman, DY Ray-Ban, Oakley Bestway TRX (design patent US D669,945) Rimowa Pets Rock Potty Putter 60 Second Salad Trademark(s) Eagles, Hotel California Miffy Smurf, The Smurfs, Smurfette Key Ninja Wallet Ninja Pink Floyd Iron Maiden Iron Maiden Peppa Pig Ralph Lauren, Polo, Polo Sport, Polo Ralph Lauren Canada Goose PopSockets, PopClip, Poptivism, Popminis, Popgrip Levi's CamelBak Supreme Swarovski Bose US D879,528 (foldable reusable drinking straw) MCM Zippo NBA, MLB, World Series, NHL, Stanley Cup, NFL, Super Bowl, Collegiate Licensing Company, CLC, College Vault, Louisiana -
Richard Mille Congratulates Manchester City Football Club Champions of Barclays Premier League 2013/14
RICHARD MILLE CONGRATULATES MANCHESTER CITY FOOTBALL CLUB CHAMPIONS OF BARCLAYS PREMIER LEAGUE 2013/14 Richard Mille congratulates Manchester City Football Club for their victory of the Barclays Premier League 2013/14. The Club secured UK’s most prestigious football title for the second time in three years; an achievement that reconfirms City as being one of the top teams in the world. Heading in to the last round of games City knew that securing a win against West Ham would guarantee the title. Manager Manuel Pellegrini encouraged his players to finish the season with the same style and attacking flair that had seen them scoring over 100 goals in 37 games. Eventually goals from Samir Nasri and Vincent Kompany proved vital as City got the win that allowed them to regain the Barclay’s Premier League Trophy. Richard Mille has been MCFC’s Official Timing Partner since 2012, another key year for the Club’s history as City won the 2011–12 Barclay’s Premier League bringing home their first league title for 44 years. The partnership benefits from a strong affinity of values both the Club and the Swiss watch brand share: Richard Mille’s drive for passion, belief in excellence, leadership, and generation of talent is reflected in the partnerships the brand established with the world’s leading sports elite, which include Tennis Champion Rafael Nadal, Olympic Medallist Yohan Blake and World Rally Champion Sebastien Loeb. Manchester City and Richard Mille also succeed in working together on charity programmes to the benefit of local communities: Manchester City’s own charity ‘City in the Community’ has recently received a generous donation following the sale of a bespoke timepiece designed by Richard Mille. -
Richemont Announces Strong Financial Performance for the Year Ended 31 March 2021
COMPANY ANNOUNCEMENT 21 MAY 2021 RICHEMONT ANNOUNCES STRONG FINANCIAL PERFORMANCE FOR THE YEAR ENDED 31 MARCH 2021 Financial highlights Due to closures of points of sales, logistics centres and manufacturing sites, as well as the halt in international tourism resulting from the Covid-19 pandemic, sales contracted by 25% at constant exchange rates and by 26% at actual exchange rates in the first half of the financial year As initial lockdown measures began to ease, sales grew by 17% and by 12% at constant and actual exchange rates, respectively, in the second half of the financial year compared to the same period in the prior year Fourth quarter sales growth of 36% and 30% at constant and actual exchange rates, respectively, containing the decline in full year sales to 5% at constant exchange rates and 8% at actual exchange rates Strong start into the new financial year, with accelerating trends across all business areas Strong performance led by Jewellery Maisons, online retail and Asia Pacific; discipline and agility in exceptional circumstances Triple-digit growth at Group Maisons’ online retail sales underscores the success of our Maisons’ digital transformation; overall online retail sales grew by 6% at actual exchange rates, accounting for 21% of Group sales Solid retail sales, up at constant exchange rates, notwithstanding severe disruption from recurring widespread temporary closures of points of sales Jewellery Maisons grew sales beyond pre-Covid levels and increased operating margin to 31.0%, supported by strong double-digit