Africa’s luxury billionaire Johann Rupert completes strategic sale of 196-year-old Swiss watchmaker to Italy’s Damiani

Johann Ruperts Richemont has completed the sale of Swiss watchmaker Baume & Mercier to Italys Damiani Group as the luxury giant sharpens its focus on high-margin brands amid softer global demand

Raccontata damilanofinanza.itafrica.businessinsider.com