Following the announcement of a record year for Swiss watch exports in 2023, as well as strong revenues for both LVMH and the Swatch Group, it is now time for the other giant of the industry, the Richemont Group, to report record sales for the year ended 31 March 2024, with revenues up 3% at actual exchange rates to EUR 20.6 billion. The group also announces important changes at its direction, with the appointment of Nicolas Bos (currently CEO of Van Cleef & Arpels) as the new Chief Executive Officer of Richemont effective 1 June 2024.