Tag: Johann Rupert

Richemont Chairman Says Luxury Watchmakers Must Cut Production

In a critical address to shareholders at Richemont’s annual general meeting, Chairman Johann Rupert emphasized the need for the luxury watch industry to reduce production in light of declining demand. This significant shift comes after years of unprecedented sales growth, particularly during the pandemic. Rupert, also the founder of this Swiss conglomerate—which includes renowned brands […]

Back To Top