Richemont’s fashion and accessories chief Eric Vallat is stepping down a little over a year after taking up the job. The parent of Cartier, IWC and Van Cleef & Arpels said Tuesday that Vallat will step down from his current position and from the senior executive committee for personal reasons. This change is effective Oct. 26, 2019.
Richemont’s chairman Johann Rupert said: “Eric has been offered a wonderful opportunity outside the group and I fully understand his decision to pursue it. The fashion and accessories businesses will report to Jérôme Lambert, group chief executive officer. Brands in Richemont’s fashion and accessories stable include Chloé, Dunhill and Maison Alaïa. Continue reading