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France, Switzerland
EY sanctioned for conflict of interest in auditing Rolex

The auditing giant has incurred a heavy sanction for reviewing the accounts of Rolex France, despite the fact that one of its partners is the husband of the former CFO of the watchmaker's French subsidiary. [...]

Published on 15/05/2025 at 05:00 GMT Reading time 2 minutes Philippe Vasset

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Houses

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Aurélie Perraud-Vallée
EY
Haute autorité de l'audit
Jean-Marie Perraud
Pierre Bourgeois
Rolex France

France, Switzerland
Airport boutiques targeted by second-hand dealers

To escape the strict checks carried out in the major luxury brand outlets, second-hand dealers have taken to shopping for rare items at airport boutiques. The phenomenon was highlighted by a recent affair involving the Rolex boutique managed by Galeries Lafayette at Paris-Charles de Gaulle Airport.

Subscribers only Entourage 01.05.2025

Switzerland
Rolex hires top Geneva civil servant

The Hans Wilsdorf Foundation, Rolex's sole shareholder, has been rejigging its board of trustees this past year, bringing in new, younger members. It has just appointed a well-known local figure with a long career at the head of the city's most prestigious institutions.

Subscribers only Houses 23.01.2025

Spotlight | Switzerland
Rolex's reluctance to certify its watches worries auction houses and buyers

With Rolex and other leading Swiss watchmakers unwilling to confirm the authenticity of their vintage models, major auction houses like Christie's and Sotheby's are increasingly concerned. They fear ending up in the firing line if they fail to spot a fake.

Subscribers only Houses 05.12.2024

Rolex is very cautious when it comes to certifying the authenticity of its vintage models.

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Aurélie Perraud-Vallée
EY
Haute autorité de l'audit
Jean-Marie Perraud
Pierre Bourgeois
Rolex France

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France, Switzerland
EY sanctioned for conflict of interest in auditing Rolex

This article may be accessed by subscribers

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Set up email notifications for these topics

France, Switzerland
Airport boutiques targeted by second-hand dealers

Switzerland
Rolex hires top Geneva civil servant

Spotlight | Switzerland
Rolex's reluctance to certify its watches worries auction houses and buyers

United States
Rolex parody watch brand Relax clocks up fans

Switzerland
Secretive foundation that owns Rolex completes board reshuffle

Switzerland
Generational shift at Rolex R&D department

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Indigo Publications' websites

Jewellery sector's quest for clarity

Karl Lagerfeld's long-time mansion, a luxury playground in Paris

Brands brave the Wild West of the second-hand market

France, Switzerland EY sanctioned for conflict of interest in auditing Rolex

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

France, Switzerland Airport boutiques targeted by second-hand dealers

Switzerland Rolex hires top Geneva civil servant

Spotlight | Switzerland Rolex's reluctance to certify its watches worries auction houses and buyers

United States Rolex parody watch brand Relax clocks up fans

Switzerland Secretive foundation that owns Rolex completes board reshuffle

Switzerland Generational shift at Rolex R&D department

Set up email notifications for these topics

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

France, Switzerland
EY sanctioned for conflict of interest in auditing Rolex

France, Switzerland
Airport boutiques targeted by second-hand dealers

Switzerland
Rolex hires top Geneva civil servant

Spotlight | Switzerland
Rolex's reluctance to certify its watches worries auction houses and buyers

United States
Rolex parody watch brand Relax clocks up fans

Switzerland
Secretive foundation that owns Rolex completes board reshuffle

Switzerland
Generational shift at Rolex R&D department