Management Shakeup at Richemont
Posted: Fri Nov 04, 2016 6:19 am
HTFU!
https://www.thedivewatchconnection.com/forum/
https://www.thedivewatchconnection.com/forum/viewtopic.php?f=2&t=55211
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.Panerai7 wrote:I can't really be mad at IWC this year. They've righted a lot of wrongs.
Yeah Pam is uninspiring as of lateJP Chestnut wrote: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.Panerai7 wrote:I can't really be mad at IWC this year. They've righted a lot of wrongs.
The snap on back, new base model replacements are a real miss.Panerai7 wrote:Yeah Pam is uninspiring as of lateJP Chestnut wrote: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.Panerai7 wrote:I can't really be mad at IWC this year. They've righted a lot of wrongs.
Agreed, that is very disappointing. Hard for me to justify another PAM or I'd grab one of the remaining 000s from my AD.JP Chestnut wrote:The snap on back, new base model replacements are a real miss.Panerai7 wrote:Yeah Pam is uninspiring as of lateJP Chestnut wrote: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.Panerai7 wrote:I can't really be mad at IWC this year. They've righted a lot of wrongs.
I might add JLC, VC and AL&S to that list too.DON wrote:IWC and Panerai are the only two darlings of the company, so Bonati isn't going anywhere just yet.
DON
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.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
Based on the last issue of Watchtime.logan2z wrote:I might add JLC, VC and AL&S to that list too.DON wrote:IWC and Panerai are the only two darlings of the company, so Bonati isn't going anywhere just yet.
DON
Fixed.toxicavenger wrote:Pam's have always been uninspiring, convoluted, and unvarying for me.
Also throw in the relaxing of the anti corruption laws in China, and this would help high end Swiss watch sales a little… JJamie 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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