Your account has been succesfully created.

EN FR

The Morning Brief
Log in

Password

Keep me logged in

Forgot your password?
Subscribe

Front Row
Running stories

Running stories
The greatest stories are told in chapters. Follow our long-term investigations delving into luxury's deepest secrets.
All Running stories

Brands brave the Wild West of the second-hand market
Houses

The geopolitics of fake goods
Houses

Jewellery sector's quest for clarity
Houses

Password

Keep me logged in

Forgot your password?
Over 1,000 articles

Switzerland
Former Cartier CEO Perrin still raking in hefty fees from Richemont

Since leaving Richemont in 2016, former Cartier chief Alain Dominique Perrin has continued to earn millions of Swiss francs a year from the group, officially as a marketing and development consultant. [...]

Published on 08/06/2023 at 05:00 GMT Reading time 2 minutes

This article may be accessed by subscribers

In order to ensure high-quality and independent journalism, Glitz relies solely on subscriptions from its readers, with no advertising, no events and no consulting work.

Several offers are available depending on your particular reading needs

Consult our offers

Do you want a free trial before subscribing?

Create your free account

Discover our work by making use of the following possibilities: daily newsletters, a selection of free articles, keyword alerts.

Do you want a free trial before subscribing?

create a free account

Read this article here:

Houses

Set up keyword notifications

Cartier organisation
Chloé organisation
Richemont organisation
Alain Dominique Perrin keyword
Fondation Cartier pour l'art contemporain keyword
Jaeger-LeCoultre keyword
Jeu de Paume keyword

France
Richemont sorts out Chloé's losses

Just a few weeks before posting its accounts at the end of March, Richemont engaged in a thorough clean-up of its Parisian fashion house Chloé's finances.

Subscribers only Houses 22.05.2025

France
Court case provides insight into Jean Nouvel's Fondation Cartier IP rights

A dispute between Ateliers Jean Nouvel and one of its lawyers provides a clue to the sums the architecture firm may have received to cede its intellectual property rights on the new Fondation Cartier in Paris.

Subscribers only Entourage 14.03.2024

France, Switzerland
Jean Nouvel's plans for the new Fondation Cartier

The Fondation Cartier will move premises in 2025 from Paris's Boulevard Raspail to a building on Place du Palais-Royal near the Louvre. French architect Jean Nouvel, who designed the jewellery brand's first foundation, is returning for the new project.

Subscribers only Houses 11.01.2024

Switzerland
Richemont imposes budget cuts on all its brands

The mood is gloomy in Bellevue, Richemont's ultra-modern headquarters in Switzerland: every one of the group's brands has been ordered to cut its projected budget for 2024.

Subscribers only Houses 23.11.2023

France
Richemont bails out Azzedine Alaïa Foundation

Headed by the founder of Elle Italia, Carla Sozzani, the foundation created by designer Azzedine Alaïa before his death in 2017 was for a long time running at a loss. As of last year, it has been back in the black, thanks to generous donations from its patrons.

Subscribers only Families 02.11.2023

Switzerland
Montblanc watches burdened by poor performances

With Montblanc CEO Nicolas Baretzki on his way out, the Richemont-owned pen and leather goods manufacturer has another untimely issue on its hands: its watch subsidiary is weighed down by heavy debts.

Subscribers only Houses 05.10.2023

Russia, United States
Looming Russian diamonds' embargo fails to take shine off sales of its coloured stones

US diplomacy has been pushing to get the G7, which is about to meet in Japan, to discuss a sanctions plan on Russian diamonds. Whatever the outcome of these talks, one thing is certain: emeralds mined for Moscow will continue to be sold freely.

Free access Entourage 18.05.2023

Spotlight | France, Switzerland
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.

Subscribers only Houses 11.05.2023

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.

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

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.

Subscribers only Houses 27.04.2023

Swiss group Richemont will open a TimeVallée shop at a strategic location in Saudi Arabia.

France
Hermès worlds apart from its rivals on the environment

With no clear policies of its own, the leather goods manufacturer is a long way behind its rivals when it comes to sustainability. But a series of proposed laws may leave it with no choice but to clean up its act.

Subscribers only Houses 06.04.2023

France
Neighbourhood cafés around Paris's Place Vendôme hit luxury jackpot

Major luxury groups are scrambling to get their hands on the last pockets of space available around the French capital's Place Vendôme, and small neighbourhood cafés are making a pretty packet by selling their leases to the highest bidder.

Subscribers only Entourage 06.04.2023

United States
Gabriela Hearst's delicate balancing act between Chloé and her namesake brand

As artistic director at Chloé, Gabriela Hearst is Richemont's poster child for sustainability. She keeps much quieter, however, about the shareholders and the financing of the namesake brand she runs in parallel.

Subscribers only Families 09.03.2023

Spotlight | United Kingdom
Richemont, LVMH and Chanel add dukes, lords and royals to their collections

To thrive in the UK and throughout Europe and Asia, luxury fashion houses are counting on the established networks of dukes, lords and even crowned heads.

Subscribers only Houses 23.02.2023

King Charles III's coronation, scheduled for 6 May at Westminster Abbey, will be a major social event, and luxury giants are likely to feature prominently on the guest list.

Spotlight | Switzerland
Richemont's hush-hush real estate acquisitions in global luxury capitals

Swiss luxury giant Richemont (Cartier, Van Cleef & Arpels, Chloé, etc.) has acquired a string of properties in luxury capitals around the world through two real estate companies registered on the island of Jersey.

Subscribers only Houses 22.12.2022

The Richemont group is racking up real estate acquisitions in world luxury capitals.

Switzerland
The reasoning behind Cartier's discreet refit of its diamond procurement unit

Following an internal investigation, the jeweller Cartier, a subsidiary of the Richemont group, has quietly dismissed several members of its diamond procurement unit.

Subscribers only Houses 17.11.2022

France
Richemont and LVMH battle it out for the name 'Vendôme'

Cartier and Van Cleef, two Richemont group brands, have challenged and partially annulled the agreement concluded in 2021 between Louis Vuitton and the town of Vendôme. The agreement allows the LVMH-owned trunk-maker to use the name of the town, which is the namesake of the Parisian luxury goods epicentre.

Subscribers only Houses 29.09.2022

Set up keyword notifications

Cartier organisation
Chloé organisation
Richemont organisation
Alain Dominique Perrin keyword
Fondation Cartier pour l'art contemporain keyword
Jaeger-LeCoultre keyword
Jeu de Paume keyword

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

Switzerland
Former Cartier CEO Perrin still raking in hefty fees from Richemont

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 keyword notifications

France
Richemont sorts out Chloé's losses

France
Court case provides insight into Jean Nouvel's Fondation Cartier IP rights

France, Switzerland
Jean Nouvel's plans for the new Fondation Cartier

Switzerland
Richemont imposes budget cuts on all its brands

France
Richemont bails out Azzedine Alaïa Foundation

Switzerland
Montblanc watches burdened by poor performances

Russia, United States
Looming Russian diamonds' embargo fails to take shine off sales of its coloured stones

Spotlight | France, Switzerland
Madagascar sapphire mine exposes jewellery firms' hollow 'ethical' claims

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

France
Hermès worlds apart from its rivals on the environment

France
Neighbourhood cafés around Paris's Place Vendôme hit luxury jackpot

United States
Gabriela Hearst's delicate balancing act between Chloé and her namesake brand

Spotlight | United Kingdom
Richemont, LVMH and Chanel add dukes, lords and royals to their collections

Spotlight | Switzerland
Richemont's hush-hush real estate acquisitions in global luxury capitals

Switzerland
The reasoning behind Cartier's discreet refit of its diamond procurement unit

France
Richemont and LVMH battle it out for the name 'Vendôme'

Set up keyword notifications

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

About Glitz

Subscription

Indigo Publications' websites

Brands brave the Wild West of the second-hand market

The geopolitics of fake goods

Jewellery sector's quest for clarity

Switzerland Former Cartier CEO Perrin still raking in hefty fees from Richemont

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 keyword notifications

France Richemont sorts out Chloé's losses

France Court case provides insight into Jean Nouvel's Fondation Cartier IP rights

France, Switzerland Jean Nouvel's plans for the new Fondation Cartier

Switzerland Richemont imposes budget cuts on all its brands

France Richemont bails out Azzedine Alaïa Foundation

Switzerland Montblanc watches burdened by poor performances

Russia, United States Looming Russian diamonds' embargo fails to take shine off sales of its coloured stones

Spotlight | France, Switzerland Madagascar sapphire mine exposes jewellery firms' hollow 'ethical' claims

Spotlight | Saudi Arabia, Switzerland The secret negotiations paving the way for Richemont's rise in Saudi Arabia

France Hermès worlds apart from its rivals on the environment

France Neighbourhood cafés around Paris's Place Vendôme hit luxury jackpot

United States Gabriela Hearst's delicate balancing act between Chloé and her namesake brand

Spotlight | United Kingdom Richemont, LVMH and Chanel add dukes, lords and royals to their collections

Spotlight | Switzerland Richemont's hush-hush real estate acquisitions in global luxury capitals

Switzerland The reasoning behind Cartier's discreet refit of its diamond procurement unit

France Richemont and LVMH battle it out for the name 'Vendôme'

Set up keyword notifications

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

Switzerland
Former Cartier CEO Perrin still raking in hefty fees from Richemont

France
Richemont sorts out Chloé's losses

France
Court case provides insight into Jean Nouvel's Fondation Cartier IP rights

France, Switzerland
Jean Nouvel's plans for the new Fondation Cartier

Switzerland
Richemont imposes budget cuts on all its brands

France
Richemont bails out Azzedine Alaïa Foundation

Switzerland
Montblanc watches burdened by poor performances

Russia, United States
Looming Russian diamonds' embargo fails to take shine off sales of its coloured stones

Spotlight | France, Switzerland
Madagascar sapphire mine exposes jewellery firms' hollow 'ethical' claims

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

France
Hermès worlds apart from its rivals on the environment

France
Neighbourhood cafés around Paris's Place Vendôme hit luxury jackpot

United States
Gabriela Hearst's delicate balancing act between Chloé and her namesake brand

Spotlight | United Kingdom
Richemont, LVMH and Chanel add dukes, lords and royals to their collections

Spotlight | Switzerland
Richemont's hush-hush real estate acquisitions in global luxury capitals

Switzerland
The reasoning behind Cartier's discreet refit of its diamond procurement unit

France
Richemont and LVMH battle it out for the name 'Vendôme'