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It is five years since Georges Kern blindsided the Richemont Group by announcing he was off to head up Breitling, the independent Swiss watch company. The former IWC Schaffhausen chief. He joined Richemont in 2000 and played a key role in integrating A. Lange & Söhne, Jaeger-LeCoultre, and IWC after the trio of brands was acquired. He became the conglomerate's youngest CEO in 2002 when he . The marketing and management wunderkind who began his career at Kraft General Foods and later made his mark repositioning IWC at Compagnie Financière Richemont is clearly loving his double life. We present here a guide to the major watch groups and their holdings, including Swatch Group, Richemont, LVMH, Kering Group, Seiko Group and others.
In 2000, he joined the Richemont Group, the Swiss luxury goods group, and integrated the A. Lange & Söhne, Jaeger-LeCoultre, and International Watch Company (IWC) brands following their acquisition. In 2002, at the age of 36, he became the youngest CEO at Richemont when he was chosen to run IWC Schaffhausen. Georges Kern has resigned Richemont. We take a look at his accomplishments at IWC, his marketing savvy and what Kern can actually deliver for Breitling.
Some three years ago, Georges Kern sent shockwaves through the world of luxury watchmaking by quitting a senior leadership role at Richemont Group to take the helm at Breitling. To say he has since made his mark on the . Now Georges Kern, who gave up a top job at luxury emporium Richemont to lead the revival, is open to acquisitions to help other watch brands follow Breitling’s path of rejuvenation. While he. The 54-year-old has 25 years of watch industry experience, most recently at Richemont and IWC, where he was the firm’s youngest-ever appointed CEO. Now his reign as CEO of Breitling is heralding a new direction .
The flagship collection of Breitling is called Breitling Chronomat – a combined divers watch and pilots watch. 100% of Breitling’s watches are . is due to the fact that Patek Philippe is an independent family owned firm while IWC is owned by Richemont . A fter an unprecedented management restructuring last year at the Richemont Group – which owns IWC, Cartier, Jaeger-LeCoultre, Panerai, Vacheron Constantin, and a number of other well known luxury businesses – .
RICHEMONT GROUP (Switzerland) Vacheron Constantin, A. Lange & Söhne, Jaeger-LeCoultre, Roger Dubuis, Piaget, IWC Schaffhausen, Officine Panerai, Ralph Lauren**, Baume & Mercier, Cartier, Van Cleef & . Breitling ambassador Charlize Theron with the new Navitimer 36. (Breitling) Richemont Group (Swiss conglomerate) LVMH Group (French corporate group/conglomerate – owns several Swiss brands) Franck Muller Group; Kering Group; . Breitling on the other hand does make their own movements to a large extent, but does in fact rely heavily on Swatch Group’s ETA/Valjoux movements. Bell & Ross, Oris, Raymond Weil and .
A top executive at Richemont has resigned unexpectedly to join rival Swiss watchmaker Breitling in a blow to the luxury group’s efforts to weather the downturn in high-quality timepieces. Breitling: Why doesn't it get more love than Omega (I mean Swatchgroup), LVMH and Richemont? _____ How insecure about a watch brand do you have to be to post these kinds of "why no love?" threads? If you like Breitling so much (and I will say I like some of their watches), buy them and ignore what everybody else thinks. . A top executive at . Richemont has resigned unexpectedly to join rival Swiss watchmaker Breitling in a blow to the luxury group’s efforts to weather the downturn in high-quality timepieces .
It competes against conglomerates such as Swatch Group AG and Richemont, each of which owns about 10 timepiece brands. Rolex, the top Swiss watchmaker by sales, also owns the Tudor marque. Kern told Bloomberg in 2022 that Breitling was considering acquiring other watch brands that could also be revived. By Andy Hoffman. Learn more: A leading luxury goods group, Richemont is the owner of prestigious Maisons, recognised for their excellence in jewellery, watches, fashion and accessories. As a family-spirited Group, our central and regional functions pool their expertise to guide, support and challenge our Maisons and businesses to design timeless creations and innovative . Georges A. Kern, Head of Watchmaking for Richemont Group and previously head of IWC Schaffhausen watches, defects, with a plan to lead another large watch brand to a path of glory.He joined Breitling, which is marking its 140th anniversary this year, in 2017, and has helped catapult the brand into the top 10 of Morgan Stanley's annual ranking. According to the bank's latest .
Since leaving Richemont, where he ran IWC Schaffhausen, Kern has effectively executed a ‘360-degree turnaround’ at Breitling, with the company now struggling to keep up with demand
Universal Genève is Breitling’s second brand, while competitors Swatch AG and Richemont own about 10 marquees each – and CEO Georges Kern plans to bring back popular models from the 60s and 70s Compagnie Financière Richemont SA is a world leader in luxury products. Net sales break down by family of products as follows: - jewelry items (69.1%): the brands Cartier (world No. 1 in jewelry), Van Cleef & Arpels, and Giampiero Bodino; - luxury watches (18.3%): Piaget, A. Lange & Söhne, Jaeger-LeCoultre, Vacheron Constantin, Officine Panerai, IWC .
Theodore Schneider, Breitling’s current majority owner, will reinvest in exchange for a 20 percent stake. Breitling is one of the larger Swiss watch brands that's still independent while most others have been acquired by .Breitling watches in stock now. New offers daily. Save favorite watches & buy your dream watch on Chrono24.com. Skip. Have you tried the Chrono24 app? . former head of the watch division of luxury goods group Richemont, took over . Now Georges Kern, who gave up a top job at luxury emporium Richemont to lead the revival, is open to acquisitions to help other watch brands follow Breitling’s path of rejuvenation. While he won .
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As an independent Swiss luxury brand, they are something of a rarity in the industry, as many of their competitors have been snapped up by conglomerates such as Swatch and Richemont. Breitling made their name originally with pilots' watches such as the Navitimer, though they have more recently branched out into dive and racing models as well. The Breitling’s B17 movement is made by Sellita and the IWC’s 32111 is made by Val Fleurier. Since Val Fleurier is also owned by the company who owns IWC (Richemont), the 32111 is widely considered an in-house movement. Breitling Superocean Automatic 42 vs. IWC Aquatimer Automatic SpecsMeanwhile, the Richemont Group —Compagnie Financière Richemont SA— is a Swiss luxury goods holding company, renowned for its prestigious portfolio of watchmaking, jewelry, and some fashion brands. Richemont operates in three business areas: Jewelry Maisons with Buccellati, Cartier, and Van Cleef & Arpels; Specialist Watchmakers with A. Lange & Söhne, Baume & .
Breitling is a Swiss luxury watch brand that offers beautifully crafted and precise timepieces with style, purpose, and action.
Breitling is considered an independent watch brand that does not belong to any of the large luxury groups such as Richemont, LVMH, or Swatch. Breitling SA was founded in 1884 by Léon Breitling in Switzerland and became a producer of precision-made chronometers primarily designed to be used by pilots and aviators. Aviation remained the brand . Swiss watchmaker Breitling has hired a top manager from rival Richemont as chief executive officer, infusing the aviation-themed brand with fresh thinking under its new private equity owner . We’re fast approaching the two-year anniversary since Georges Kern unexpectedly left a senior role at Richemont to become the CEO of Breitling. He joined a once great company at risk of getting stuck in the last century. Bloated collections, a narrowly defined target audience and a failure to keep up with modern trends in consumer behaviour . The German-Swiss businessman has been working in the industry for over 25 years and has held lofty positions at numerous renowned brands in the Richemont Group, including serving as CEO of IWC. Under Kern, Breitling is increasingly turning to sustainable materials and technologies to meet the needs of modern consumers.
10. Breitling Aviator 8 Automatic Day & Date 41 (ref. A45330101B1X1) The Breitling Aviator 8 Automatic Day & Date 41 belongs to the Aviator 8 collection, which draws inspiration from Breitling’s rich aviation heritage. The watch is presented on a stainless steel case that measures 41mm across with a height of 11.1mm with a solid screwed back.
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