NEW YORK — Ralph Lauren Watch and Jewelry Co., the joint venture between Compagnie Financière Richemont and Polo Ralph Lauren, tapped Guy Châtillon as chief executive officer.
Châtillon joined from Piaget, where he was international director. He spent 18 years at Piaget, and is widely credited with spearheading the Richemont brand’s expansion. At the Ralph Lauren Watch and Jewelry Co., he takes over responsibilities from interim ceo Callum Barton, who will continue to serve the company as chairman.
Polo and Richemont joined forces in March 2007, creating the watch and jewelry firm as a 50-50 joint venture based in Geneva, Switzerland. Under the agreement, the new firm will design, create and distribute luxury watches and fine jewelry through select Ralph Lauren boutiques and upscale jewelry and watch stores.
In his new role, Châtillon’s mandate is to develop the brand, which is being unveiled at the Salon International de la Haute Horlogerie watch fair in Geneva next month, into a major watch and jewelry player.
“We are happy to welcome Guy Châtillon to the Ralph Lauren Watch and Jewelry Co.,” Lauren, ceo of Polo Ralph Lauren Corp., said. “His affinity for the luxury market, coupled with his extensive experience in the fine watchmaking and jewelry industry, make him well positioned to lead the launch of our Ralph Lauren watch line.”
Johann Rupert, Richemont’s executive chairman, added, “Guy’s expertise in the watch and jewelry business will be a major asset in his new position as ceo of this important joint venture between Richemont and Polo Ralph Lauren. Guy has contributed significantly to Piaget’s commercial and international development. He is ideally qualified to take the joint venture on to the next stage in its development.”
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion