The luxury group Richemont is partnering with watch retailer Gübelin. This collaboration has resulted in the opening of a multi-brand boutique in Lucerne, Switzerland.
The world’s third largest luxury goods group is strengthening the distribution network of its houses by joining forces with Gübelin. This is the first Swiss establishment of the brand, which until now has been established mainly in Asia.
Raphael Gübelin, president of the eponymous company, says: “This collaboration with TimeVallée allows us to diversify our business and offers a wide range of brands in Lucerne.”
TimeVallée, the “Eldorado” of Swiss watchmaking?
TimeVallée was founded in 2014 by the Richemont Group, which owns renowned brands such as Cartier and Vacheron Constantin, among others. The brand has a network of about 30 boutiques, run by independent retailers, particularly in Asia.
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