Companies

Richemont appoints Eric Vallat as Head of Fashion & Accessories

Jun 6, 2018 Switzerland

The Swiss-based luxury goods group announced the appointment of Mr Eric Vallat to the newly created role of Head of Fashion & Accessories Maisons. He has joined the Group’s Senior Executive Committee, effective since the 1st of June 2018

Mr Eric Vallat will report to Mr Jérôme Lambert, Chief Operating Officer.

A graduate from the HEC business school (France), Mr Vallat brings over 20 years of managerial experience across Louis Vuitton Europe, Christian Dior Couture Japan, Bonpoint and J.M. Weston and, since 2014, Rémy Martin as CEO. In his latest position, Mr Vallat was also a member of the Rémy Cointreau Group’s Executive Committee and, since 2016, Chairman of Mount Gay Rum.

Richemont owns a portfolio of leading international ‘Maisons’ focusing on a combination of distinctive heritage, craftsmanship and creativity. The group operates in three segments: Jewellery Maisons, being Cartier, Van Cleef & Arpels and Giampiero Bodino; Specialist Watchmakers, being A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Officine Panerai, Piaget, Roger Dubuis and Vacheron Constantin; and Other, including Alfred Dunhill, Azzedine Alaïa, Chloé, Lancel, Montblanc and Peter Millar as well as watch component manufacturing activities.

For the financial year ended on the 31^stof March 2018, Richemont reported sales of 10 979 million euros, operating profit of 1 844 million euros and profit for the year of 1 221 million euros.

Image Credits: Chloé

Switzerland Management Richemont