Rupert rings the bell for watches (and luxury): “It’s time to reduce volumes”

Rupert suona il gong per orologi (e lusso): “Ora ridurre i volumi”

“The boom in global demand for watches” is over, so “we must be cautious” and reduce production volumes. More than a sentence, a verdict. In one fell swoop Johann Rupert, chairman and founder of Richemont, sends a very strong signal not only about the state of health of high-end watchmaking, which in recent years has…

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