Wide Angle
Leadership shifts at Cartier and Van Cleef & Arpels signal new era for luxury brands
The industry shifts reflect ongoing efforts by major players to navigate evolving consumer demands and global market dynamics
Dubai: In a move that underscores shifting tides within the luxury watch and jewellery sector, Cartier and Van Cleef & Arpels have announced new CEOs set to take the helm this September.
Louis Ferla, currently CEO of Vacheron Constantin, will assume leadership at Cartier, succeeding Cyrille Vigneron who steered the brand for eight years. Richemont, Cartier’s parent company, confirmed Ferla’s appointment on Tuesday, citing his stellar track record at Vacheron Constantin where he positioned the brand as a leader in Haute Horlogerie.
Johann Rupert, Richemont’s chairman, expressed confidence in Ferla, highlighting his extensive experience with Cartier in various senior roles across different regions before joining Vacheron Constantin. “I am delighted that Louis has accepted to take on the top role at Cartier,” said Johann Rupert, Chairman of Richemont’s board. “He has earned the admiration and respect of his colleagues across the Group and of the industry at large for having so brilliantly positioned Vacheron Constantin at the pinnacle of Haute Horlogerie. His experience and leadership qualities will prove invaluable for Cartier’s long-term success.”
Meanwhile, Catherine Rénier, coming from Jaeger-LeCoultre where she served as CEO, will take over at Van Cleef & Arpels. Her promotion follows Nicolas Bos’s move to lead Richemont, marking a significant transition for the prestigious jewellery Maison.
Bos praised Rénier’s tenure at Jaeger-LeCoultre, noting her role in fortifying the brand’s market position and operational excellence. Rénier brings a wealth of experience to Van Cleef & Arpels, having previously held senior positions within the company across Asia-Pacific.
These appointments add to a series of recent leadership changes in the luxury watch and jewellery industry, including new CEOs at TAG Heuer and LVMH’s watch division earlier this year. The industry shifts reflect ongoing efforts by major players to navigate evolving consumer demands and global market dynamics.
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