Yesterday, WatchPro reported that Emmanuel Perrin was rumoured to replace Jean-Marc Pontroué as Swiss made replica Panerai Chief Executive Officer, after the exiting exec announced his departure via social media following a 6-year stint at the brand.
Richemont-owned Panerai fake watches for sale has since issued an official statement announcing Perrin as the brand’s new CEO, a role which he’ll takeover as of 1 April, reporting directly to Richemont CEO Nicolas Bos.
The move comes as Richemont’s Specialist Watchmakers division is set to disband – a business unit that Perrin has led for the past eight years, though the exec has been a firm fixture within the luxury Swiss conglomerate for 33 years.
Perrin said, “It is with excitement and a deep sense of responsibility that I take the baton handed from Jean-Marc and the teams that have contributed to the development of UK best Panerai copy watches to this day,” adding that he looks forward to “being of service to the Maison, its colleagues, its clients, its partners, and the Paneristi worldwide.”
Founded in Florence in 1860 by Giovanni Panerai replica watches wholesale UK, the Italian brand was revived in the early 1990s by then-CEO Angelo Bonati, and was acquired by Richemont in 1997 (or the Vendôme Group, as it was then known).
Panerai produced about 55,000 high quality fake Panerai watches and earned revenue of about CHF 493 million in 2024 which was down from CHF 520 million in 2023, according to estimates by Morgan Stanley and LuxeConsult.
Perrin’s role as head of the Richemont Specialist Watchmakers division is not expected to be filled.