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Henry-John retires at luxury goods Co Richemont

09
Feb '06
Luxury goods player Richemont announces the retirement of Mr Henry-John Belmont, Director of Haute Horlogerie. Mr Belmont has accordingly resigned from his position as a Director of Richemont SA, the Group's management board. He will continue to act as a consultant to the Group on watch movement development.

Mr Norbert Platt, Richemont Chief Executive Officer, said: "Since joining Richemont in 2000, Henry-John has made an important contribution to the success of our watchmaking operations.”

“He has played a critical role first as CEO of Jaeger-LeCoultre, thereafter taking charge of the integration of Jaeger-LeCoultre, IWC and A Lange & Söhne into the Group and, latterly, leading the development of our watch movement strategy. I thank Henry-John for the knowledge and expertise that he has brought to the Group and wish him a very long and happy retirement."

Richemont owns a portfolio of leading international brands or 'Maisons', which are managed independently of one another, recognising their individuality and uniqueness.

In addition to its luxury goods business, Richemont holds an 18.6 per cent interest in British American Tobacco.

A Swiss company Richemont Group's brand represents a proud tradition of style, quality and craftsmanship which Richemont is committed to preserving. The individual heritage and identity of each maison is rigorously guarded, the Group's designers and craftsmen being constantly challenged to keep theheritage alive through a continuous process of reinvention and innovation.

Richemont


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