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People

Patrick Pruniaux is the new CEO of Ulysse Nardin

Kering has appointed Patrick Pruniaux as the new CEO of Swiss watchmaking house Ulysse Nardin, effective August 28, 2017. The company said, he will report to Albert Bensoussan, CEO of Kering Luxury – watches and jewellery division. Pruniaux replaces Patrik P. Hoffmann who the company said, has quit his role for personal reasons. Commenting on...

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Fashion

Kering obtains Swiss watchmaker Ulysse Nardin

Luxury conglomerate Kering continues to expand its luxury good assortment with the acquisition of luxury watch brand Ulysse Nardin. The French holding company previously shared its goal of stepping into the Swiss timepiece market and on Wednesday announced the successful acquisition of the 168 year old luxurywatchmaker during its first-half year...

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