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Peter Millar gained the international perspective and deep pockets
When the company was sold last year to the Swiss luxury conglomerate Richemont group (which also owns jewelers Van Cleef & Arpels, Montblanc pens, and Baume & Mercier watches, among many others), Peter Millar gained the international perspective and deep pockets it needs to think big. Richemont is known for buying successful brands that have markets of their own and then letting them do what they do best.
The company’s DNA remains pure City of Oaks, says local founder Knott. It’s a huge part of why he thinks it succeeded to begin with, and why it continues to tap into its market so effectively.
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