Cool article: How Richemont acquired Lange, IWC & JLC

Thread: Cool article: How Richemont acquired Lange, IWC & JLC

Results 1 to 4 of 4
  1. #1
    Member obsidian's Avatar
    Join Date
    Feb 2006
    New York City: "The city that never sleeps". If it got some sleep, it wouldn't look so crappy!

    Cool article: How Richemont acquired Lange, IWC & JLC

    It's a great story of how a maze of global corporate machinations, that started out having nothing to do with watch companies, led to Lange, IWC & JLC being owned by the very secretive Richemont Group. It's practically a Thrillier! :

    Just Watching with James Dowling: How Richemont acquired Lange, IWC & JLC
    The best watch is the one that makes you happiest... and tells the time.

  2. #2
    Member Ray MacDonald's Avatar
    Join Date
    Apr 2005
    Almonte ON Canada

    Re: Cool article: How Richemont acquired Lange, IWC & JLC

    It makes sense that respected luxury watch brands be part of a luxury goods conglomerate rather than a cellphone-engineering-media conglomerate. Looks as if Richemont got them through a watchmaking connection at least.
    I've seen it happen in the chemical industry where a tiny specialized fragrance and flavor subsidiary was sold off quickly by a giant chemical conglomerate because it didn't fit strategically. It's a whole different market selling perfume than monomers for nylon.
    At least Richemont is good at marketing high end stuff which is what these brands need.
    PPR seems to be the odd luxury goods company out when it comes to watchmakers. Richemont and LVMH have really eaten their lunch in this area in my view anyway.
    Last edited by Ray MacDonald; September 4th, 2011 at 22:24.

    There are fathers who do not love their children; there is no grandfather who does not adore his grandson. ~ Victor Hugo

  3. #3
    Member drewmcd24's Avatar
    Join Date
    Mar 2010
    That was an interesting story. Thanks for posting.
    Omega Speedmaster Professional 3570.50
    Seiko Sumo SBDC003
    Jaeger-LeCoultre Reverso Ultra Thin Tribute to 1931
    Rolex GMT Master II BLNR

  4. Remove Advertisements

  5. #4
    Member JayVeeez's Avatar
    Join Date
    Dec 2007
    United States of America

    Re: Cool article: How Richemont acquired Lange, IWC & JLC

    Absolutely great story. Great forum contribution!

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts