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Lay watch consumers and collectors typically aren’t interested in the business or contemporary economics of the industry which produces watches and jewelry today They prefer to be dazzled with inspired new products and be given compelling reasons to buy them – and who could blame them? Coverage of the watch industry’s products is not complete without understanding the people and businesses that create them Among those entities is the Richemont Group which is a conglomerate that owns a number of watch and jewelry brands.
Richemont has just recently released their 2018 annual shareholders report In fact, Richemont has been sharing a lot of news lately as the group continues to renovate its internal structure while adding new corporate acquisitions I follow the activities of Richemont as well as its competitors closely and, especially for the many investors that I help consult for, I’d like to take some time to talk. Source
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