Management Shakeup at Richemont

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logan2z
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Management Shakeup at Richemont

Post by logan2z » Fri Nov 04, 2016 6:19 am


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Panerai7
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Re: Management Shakeup at Richemont

Post by Panerai7 » Fri Nov 04, 2016 6:25 am

Great!
Need to send Bonati home to his italian villa to retire and grow tomatoes. He or whoever under his management ruined Panarai

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93 Turbo
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Re: Management Shakeup at Richemont

Post by 93 Turbo » Fri Nov 04, 2016 6:36 am

Going by the pics the head of Richemont looks like a physical bag of baller shit. J
Strength is = 2 or > than "tipping over a so- called smart car plastered in “Coexist” bumper stickers".

Pat McNamara.

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rockmastermike
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Re: Management Shakeup at Richemont

Post by rockmastermike » Fri Nov 04, 2016 6:45 am

I like the work Jerome Lambert did at JLC previously and currently at Montblanc.
But yeah, changes needed to be made here and other Houses as well

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JP Chestnut
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Re: Management Shakeup at Richemont

Post by JP Chestnut » Fri Nov 04, 2016 7:10 am

This was all I needed to see:
"Georges Kern, who leads Richemont’s IWC brand, will become head of watchmaking, marketing and digital"

They should have kicked that goofball to the curb. Also, where are the people who used to respond to IWC's shitty new designs with a "but they're selling, so they must be doing something right"? Clearly Kern's penchant for shitty designs at top of the market prices has paid off well.

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Re: Management Shakeup at Richemont

Post by Panerai7 » Fri Nov 04, 2016 7:28 am

I can't really be mad at IWC this year. They've righted a lot of wrongs.

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Re: Management Shakeup at Richemont

Post by JP Chestnut » Fri Nov 04, 2016 7:32 am

Panerai7 wrote:I can't really be mad at IWC this year. They've righted a lot of wrongs.
They're clearly getting back on track. The 40mm Inge, the new pilots, the new (but pretty ugly) AT. Too little too late though. It seems like Richemont used all their bad idea capital on Panerai.

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Panerai7
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Re: Management Shakeup at Richemont

Post by Panerai7 » Fri Nov 04, 2016 7:34 am

JP Chestnut wrote:
Panerai7 wrote:I can't really be mad at IWC this year. They've righted a lot of wrongs.
They're clearly getting back on track. The 40mm Inge, the new pilots, the new (but pretty ugly) AT. Too little too late though. It seems like Richemont used all their bad idea capital on Panerai.
Yeah Pam is uninspiring as of late

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JP Chestnut
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Re: Management Shakeup at Richemont

Post by JP Chestnut » Fri Nov 04, 2016 7:41 am

Panerai7 wrote:
JP Chestnut wrote:
Panerai7 wrote:I can't really be mad at IWC this year. They've righted a lot of wrongs.
They're clearly getting back on track. The 40mm Inge, the new pilots, the new (but pretty ugly) AT. Too little too late though. It seems like Richemont used all their bad idea capital on Panerai.
Yeah Pam is uninspiring as of late
The snap on back, new base model replacements are a real miss.

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logan2z
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Re: Management Shakeup at Richemont

Post by logan2z » Fri Nov 04, 2016 7:50 am

JP Chestnut wrote:
Panerai7 wrote:
JP Chestnut wrote:
Panerai7 wrote:I can't really be mad at IWC this year. They've righted a lot of wrongs.
They're clearly getting back on track. The 40mm Inge, the new pilots, the new (but pretty ugly) AT. Too little too late though. It seems like Richemont used all their bad idea capital on Panerai.
Yeah Pam is uninspiring as of late
The snap on back, new base model replacements are a real miss.
Agreed, that is very disappointing. Hard for me to justify another PAM or I'd grab one of the remaining 000s from my AD.

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Re: Management Shakeup at Richemont

Post by DON » Fri Nov 04, 2016 8:46 am

IWC and Panerai are the only two darlings of the company, so Bonati isn't going anywhere just yet.

DON

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logan2z
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Re: Management Shakeup at Richemont

Post by logan2z » Fri Nov 04, 2016 8:54 am

DON wrote:IWC and Panerai are the only two darlings of the company, so Bonati isn't going anywhere just yet.

DON
I might add JLC, VC and AL&S to that list too.

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logan2z
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Re: Management Shakeup at Richemont

Post by logan2z » Fri Nov 04, 2016 9:31 am

Panerai7 wrote:Great!
Need to send Bonati home to his italian villa to retire and grow tomatoes. He or whoever under his management ruined Panarai
He's the only CEO Panerai under Richemont has ever had and he led the brand to great success in a relatively short time. If Richemont's current struggles were Panerai specific then I could see that his head might be on the chopping block, but this problem is industry wide and so I doubt Richemont would lay any blame at his feet.

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Re: Management Shakeup at Richemont

Post by DON » Sat Nov 05, 2016 7:31 am

logan2z wrote:
DON wrote:IWC and Panerai are the only two darlings of the company, so Bonati isn't going anywhere just yet.

DON
I might add JLC, VC and AL&S to that list too.
Based on the last issue of Watchtime.

Only IWC and Panerai were the money makers with above average sales. Rest performed below par

DON

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Jamie
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Re: Management Shakeup at Richemont

Post by Jamie » Sun Nov 06, 2016 12:00 pm

With the current global lack of consumer confidence it's hard to see changes at that level leading to real results is % growth. The world needs a return to growth to filter through to more people buying luxury goods.


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toxicavenger
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Re: Management Shakeup at Richemont

Post by toxicavenger » Sun Nov 06, 2016 2:48 pm

Pam's have always been uninspiring for me.

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Re: Management Shakeup at Richemont

Post by sierra11b » Sun Nov 06, 2016 3:13 pm

toxicavenger wrote:Pam's have always been uninspiring, convoluted, and unvarying for me.
Fixed.

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93 Turbo
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Re: Management Shakeup at Richemont

Post by 93 Turbo » Sun Nov 06, 2016 8:16 pm

Jamie wrote:With the current global lack of consumer confidence it's hard to see changes at that level leading to real results is % growth. The world needs a return to growth to filter through to more people buying luxury goods.


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Also throw in the relaxing of the anti corruption laws in China, and this would help high end Swiss watch sales a little… J
Strength is = 2 or > than "tipping over a so- called smart car plastered in “Coexist” bumper stickers".

Pat McNamara.

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