Tactical moves, succession challenges, talent pools: discover Glitz, the first investigative publication dedicated to the global luxury sector

Tactical moves, succession challenges, talent pools: discover Glitz, the first investigative publication dedicated to the global luxury sector

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Spotlight
SAUDI ARABIA SWITZERLAND

The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Swiss group Richemont will open a TimeVallée shop at a strategic location in Saudi Arabia.
Swiss group Richemont will open a TimeVallée shop at a strategic location in Saudi Arabia. © Studio Pachamama
Just as major luxury brands are jostling for a foothold in the coveted Saudi market, Swiss giant Richemont has signed a major agreement in the country. The contract opens the door to the local market, as well as offering an opportunity to tap into the stream of wealthy visitors making Hajj pilgrimages to the kingdom. [...] (555 words)
Published on 27/04/2023 at 05:00 GMT Reading time 3 minutes

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Further reading
In the absence of a proper traceability system, jewellers have come up with charters of good conduct to try to respond to their customers' concerns. © Studio Pachamama
Spotlight
FRANCE SWITZERLAND 11/05/2023

Madagascar sapphire mine exposes jewellery firms' hollow 'ethical' claims 

All the luxury groups, from Richemont to LVMH, have made traceability commitments for their coloured stone jewellery. But the realities of a market concentrated in a handful of countries make credible certification impossible. Glitz.paris looks into the situation in Madagascar, the epicentre of the sapphire business.

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