Fastwong
2577
Perhaps. All the luxury brands are changing up leadership to deal with the rapidly softening market so it's not just Richemont.
Compensation may not that different either since the group is ultimately overhead vs directly tied to revenue at the brands. Best case they are reorging to people's strengths and this is seen internally as an investment into JLC for the future. If I were playing brand puppet master at Richemont, I would say ALS and VC have have peaked and in this market, priced out too many folks. They wont come down market, they will stay nhigh a d wait for the market to come back. That leaves JLC and IWC as my go to brands now to expand and try to claw marketshare in a softer market where value is more important than in recent past. Sure JLC prices have stretched but they are still in a place where they can figure things out.
Jérôme Lambert Returns to Jaeger-LeCoultre as CEO
The magic will be back...👍 watchesbysjx.com ...
one has to wonder if this is, career-wise, a demotion for him. was madame renier's tenure considered a success or failure ("belle horlogerie"...) within the industry?
either way, i wish Lambert well and hope it bodes well for JLC, but i have no idea what direction he can take that will not be viewed as a gross indictment of madame renier's leadership. but if Rupert loves her, she has nothing to worry about...
Perhaps. All the luxury brands are changing up leadership to deal with the rapidly softening market so it's not just Richemont.
Compensation may not that different either since the group is ultimately overhead vs directly tied to revenue at the brands. Best case they are reorging to people's strengths and this is seen internally as an investment into JLC for the future. If I were ...
The man the legend🙏
every single thing JLC released under his watch was a HIT. Well done RG(not very often get to say that)!!!!
Great news
Let’s wait and see, another return of Magali Metrailler would make it complete😉
Praise God! Please, Jerome, bring the magic back!
update and re-launch Compressors along with the rest! -Dean
Let’s not forget Amvox 8!
I accept that this one might be tricky now that Aston are with GP. But you can always dream.
I welcome him back, he had a great run, but I’m not sure he can change much…
Now even the food tastes the same after being reheated… On the other hand it seems that the forced women leadership is also a failure. I see AP in a similar shoe. I would love to see him succeed though!
I hope so too, however this is like hoping for a miracle;)
The problem is not just the product it’s more the insane prices the brands set and I seriously doubt they will ever lower them, since they have to satisfy shareholders… Sadly one can make a superb product all day if it becomes unaffordable. But hope never...
I have high hopes…
When I first got into this hobby around 2009, JLC was one of my favourites. Like many others I hope he can bring back some of the intrigue and innovation, instead of iterations!
THE MAN
Those earliest years with Lambert are considered one of the most memorable periods of my watch collecting journey. Mon Ami Amanico, you must share my sentiment. The DSA (ooooof!) and so many more. Welcome home, sire! Best Gatsby
Excellent news
I’m quite happy to see him back at the helm. It’s time for Jaeger-LeCoultre’s horology to make a come back. Daniel Riedo has slimmed the range (maybe it was necessary but it was bad for hard core fans). Catherine Renier has made a lot on the « habillage »...
Could be good news...
Having already climbed to the top of the Richemont ladder, I'm hoping Mr. Lambert's is returning to JLC with passion and an intent to stick around for the long term. From my outside perspective, Jerome the Group CEO did no favours for the brand where he r...
All the brands know they've gone too far with price hikes so crossing my fingers that he brings back some value
It's hard to lower prices but what he can do is introduce new lines with better value so it isn't seen as lowering prices. It's the only way to surviv, the air has gotten very thin at the top price points.
How about this... in a few years do i get my wife a Reverso or Patek?
Voting with one's wallet is the ultimate decider. 😎👍
…ain’t gonna happen and you know it
Stern family will rule PP for the foreseeable future (many more decades)
Let me add my sincerest excitement at the news.
I look forward to the creations he will foster. I enjoyed our interactions with Catherine. However Jerome is a real watch guy and his passion was behind a number of the brand’s gems. Looking forward to see him again.
In my opinion,
JLC did very interesting models these last 3-4 years. The only complaint is the price tag which has gone up to the roof compared to the will of customer to pay such price tag. So previous CEO was not bad in my opinion, only didn’t understand the customer ...
Good news.
JLC reached the peak when M. Lambert was at the helm. There were so many watches coming out with characters. But, was he the deputy head of the Richemont Group prior to returning to JLC? Does this mean a reduction in his authority ？
I wonder how much change can be affected
I feel bad for some of these CEO appointments as it takes years to develop new products, strategies, and processes. There is so much legacy to work through. At least Richemont is willing to let its brands innovate and then communicate. Swatch does virtual...
All the best to Mr Lambert!
I see that as an amazing news for our favorite brand! Go JLC, Go!! I just reaised that except my True Second, all my JLC come from the Lambert's era! (the TS movement may already have been in the making in his last years!) Best, E. ...
From a historical perspective…
Your 2 first watches, Master Ultrathin and Master Réveil are products from the Henry-John Belmont years, although they have been carried over for several years after the passing of the millenium.
They say you can never go home again.
I guess we're about to find out. It'll either be like Carlos Santana's late 1990s career renaissance or Lance Armstrong's comeback. High risk, high reward. Best, Tim