Richemont Takes Over Roger Dubuis

Richemont Group acquired 60 percent of Swiss watch and jewelry brand Roger Dubuis in early August, leading to the departure of its chief executive. Primary shareholder Carlos Dias—considered the driving force behind the brand—left the company less than two weeks after the deal. He was replaced by Matthias Schuler, previously chief operating officer of IWC, one of several Swiss watch brands owned by Richemont. No reason was given for the departure of Portuguese-born Dias, a watch collector with a doctorate in political science who has been a furniture designer and book publisher. Under Dias, the brand was known for innovative mechanical watches in limited editions of 28 and 288. In recent years it added jewelry and opened boutiques. Under the deal, Roger Dubuis will operate as an autonomous brand within Richemont. Financial details were not released. Richemont's other watch br

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).


Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out