LONDON — Luxury giant Richemont has sold its Baume & Mercier watch brand to the Italian jeweler Damiani in a private transaction, the terms of which were not disclosed. Damiani’s luxury portfolio includes the Damiani, Salvini, Bliss and Calderoni jewelry brands, as well as Venini, the artistic glassmaker based in Murano. The Italian group also operates Rocca, the multibrand watch and jewelry distributor, and heritage watchmaker. More from WWD In a brief statement, Richemont said it believes that “Baume & ...