Fostering new talent

The long-term success of Richemont depends on recruiting and retaining talented people. Accordingly, Richemont and its Maisons have established academies, partnerships and apprenticeship programmes which are closely aligned with its strategic goals and medium-term business needs.

For example, the Campus Genevois de Haute Horlogerie now hosts some 45 new watchmaking apprentice positions in Geneva. The Group has partnered with the WOSTEP programme to establish watchmaking apprenticeship programmes around the world. The Richemont Retail Academy in Shanghai addresses specific skill shortages in China. Following graduation, trainees and apprentices typically continue to work for one of the Maisons, bringing long-term benefits to the Group.

The following are other examples of our partnerships:



Piaget sponsors "Les Ecoles de la rue du Louvre" in Paris which is managed by the French Jewellery Association. The traditional know-how and skills required by high level jewellery work is becoming more scarce. Piaget’s policy is to develop new talent that will meet the Maison’s future requirements through supporting the school and providing the best students with training opportunities.



A.Lange & Söhne’s apprenticeship programme has been running since 1997. It addresses the scarce supply of specialists in the German watchmaking industry. Each year the Maison engages around a dozen young men and women for three-year apprenticeships as watchmakers or toolmakers at its own watchmaking school. In addition, the ‘F. A. Lange Scholarship & Watchmaking Excellence Award’ promotes talented young watchmakers. In a combination of summer academy and competition, eight talented young watchmakers from all over the world were able to gain inspiration from the world of chronometry and put their skills to the test.



The numbers of apprentices going through the various programmes supported by Richemont increases each year. Some 450 employees are defined as trainees or apprentices, representing some 2 % of all employees.

Some Maisons also work to support and encourage new talents in the arts, though not for employment purposes.



Cartier’s `Fondation Cartier pour l’art contemporain´ has promoted the work of contemporary artists since 1984. Over the years, it has placed a particular focus on supporting the work of young artists at the start of their careers. Taking advantage of the Fondation’s well-established international network, many exhibitions tour the world taking up residency in prestigious art venues.



Montblanc has a long history of supporting arts and culture. Each year, the ‘Montblanc de la Culture Arts Patronage Award’ is conferred on outstanding art patrons whose personal commitment and achievements deserve wider recognition. Montblanc’s Young Artist World Patronage gives artists a platform to reach a broader public and the international art scene.



Vacheron Constantin established a new three-year partnership with the Orchestre de la Suisse Romande (‘OSR’) in 2011. The Maison became the patron of the OSR’s new training programme as well as providing support for the OSR’s international tours. Unique in the symphonic world, the programme leads to a Diploma of Advanced Studies (‘DAS’) in orchestral practice, in collaboration with the Haute Ecole Spécialisée de Suisse Occidental. Separately, in March 2013 Vacheron Constantin began supporting the Master of Advanced Studies in Design for Luxury and Craftsmanship programme with ‘ECAL’, L’Ecole Cantonale d’Art de Lausanne.



Case studies