Cartier owner destroys more than £400m of watches in two years

Richemont bought back stock from jewellers to stop it being sold at knockdown prices

Richemont Swiss luxury group acquired VVSA and Peter Millar brands

Richemont acquired Varin-Etampage and Varinor (‘VVSA’) Richemont, the Swiss luxury goods group, has acquired 100 % of the capital of VVSA in a private transaction with the shareholder group. Based in Delémont since 1962, VVSA is a high-end manufacturer of stamped exterior components for watches, gold refiner and producer of semi-finished precious metal products destined … Read more