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Sharon Stone's Basic Instinct is to Sell

UK holidaymakers hoard nearly ?1billion in forgotten currency

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Italy wins first place at the Sunday Times Travel Magazine Awards

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Jet Airways wins business traveller's ‘Best Indian Airlines’ Award in London

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Amadeus launches Amadeus Hotel Store in the UK

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AVIVA Stadium Meetings & Events goes live

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The Feversham Arms Hotel & Verbena Spa awarded ‘AA Hotel Of The Year 2009’

Amex 2010 Business Travel Forecast

Raleigh Acquired By Brilla Group, AJ Capital Partners



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Jaquet Droz President Manuel Emch Resigns

Jaquet Droz President Manuel Emch ResignsbyAriel Adams(RSS feed) Oct 1st 2009 at 7:01PMJust as I anticipated, the stream of fallen luxury watch company heads continues. This time it is not from the Richemont Group, but from Swatch Group's boutique luxury brandJaquet Droz. No one is particularly happy about this news, and I am sure Maunel Emch himself suffered for long enough before calling it quits.Why the departure? Sources seems to indicate that new company for Swatch Group (acquired in 2000) president struggled with the heavy hand of conservative and old school thinkers who simply could not conceive the needs of the modern watch market landscape. Emch is 37, while the average age of a watch company executive is much older. The poor economy likely resulted in a slew of bitterness and resentment, not to mention oppressive and unnecessary micromanagement when it was undue. Emch is well regarded as the one who made the Jaquet Droz brand as interesting as it is, but I must disagree with the giant plastic glasses. He took some risks, but overall made the brand what it is today. Despite what looked like success for the brand, the pressure on Emch was apparently too much. We can add his name to list of recent watch company casualties. Who will be next?ViaBusiness Montres (in French).Ariel Adams publishes theluxury watch review site aBlogtoRead.com.Tags:jaquet droz,JaquetDroz,maniel emch,ManielEmch,president,resign,swatch group,SwatchGroupFiled under:TimepiecesPermalinkPrint this


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