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Miss Tweed:
Stories on fashion and luxury you won't read elsewhere
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Astrid Wendlandt
8 February 2026
Richemont is in talks to offload Jaeger-LeCoultre to its management team after the Swiss luxury group announced last month a similar deal with sister brand Baume & Mercier, according to multiple industry sources. If such a heritage watchmaker left the group, it would signal a radical strategy change and it would raise several questions about the future of its existing form.
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Richemont is not the only luxury group in spring cleaning mode. Rival LVMH announced on Friday night that its tiny fashion brand Patou was parting ways with designer Guillaume Henry after seven years. The group said it was a mutual decision, and the maison was going to explore “a different format for its future evolution.”
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