Industry News – Richemont CEO to Retire

Richemont, the Swiss luxury goods group, announced yesterday that its CEO, Alain Dominique Perrin will retire in October of this year (upon reaching his 61st birthday).

Born on 10 October 1942 in Nantes, France, Mr. Perrin is a graduate of the Ecole des Cadres et des Affaires Economiques. In 1969, he joined the company Briquet Cartier as a sales representative, before becoming its general manager in 1970. Three years later he was appointed as General Manager, and from 1976 CEO, of Cartier Musts.

Following the merger of the latter company and Cartier Joailliers, in 1981 Alain Dominique Perrin became Chairman of the Board of Cartier International and Cartier SA.

He founded, in 1990, the first college of luxury marketing in France (l’Institut supérieur de marketing de luxe), then the International Luxury Watchmaking Exhibition in 1991, and in 1992/1993 established the Luxury Watchmaking Training Institute (IFHH), the aim of which is to raise the skills profile of this singular industry.

CEO of the Richemont group since April 2001, Alain Dominique Perrin is the man behind Cartier’s international renown. It was he who developed the entire Must range: cigarette lighters, leather goods, watches, pens, scarves, spectacles, perfumes and tableware, marketed today by a network of 189 stores and 10,000 dealers all over the world.

Mr. Perrin will remain as a Board member of the Richemont Group.

Richemont owns such international watch brands as A. Lange & Sohne, Cartier, Piaget, Jaeger-LeCoultre, Baume & Mercier, IWC, Vacheron Constantin and Officine Panerai amongst others.