Richemont Group sales jump 27% in 2018
The Richemont Group, which owns Cartier, IWC and Jaeger-LeCoultre, has reported a 27% increase in group sales to €13,989m (£12,261m) for the year ending 31 March 2019. Excluding Yoox Net-A-Porter ...
Brands: Richemont
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Richemont’s Yoox Net-a-Porter acquisition approved by Italian regulator
Italian market watchdog Consob has given the green light for Richemont’s takeover of luxury online retailer Yoox Net-A-Porter (YNAP). Swiss-based Richemont, which owns brands such as Cartier, Montblanc and Dunhill ...
UK jewellery and watch sales help Richemont return to growth
Richemont has reported a 5% increase in total sales in the third quarter (Q3) of its financial year, boosted by strong jewellery and watch sales in the UK. The Swiss ...
Richemont sales fall 4% as demand for watches slumps
Richemont, the Swiss luxury goods group, has announced a disappointing fourth quarter amid falling demand for watches. The group reported that in the third quarter, ending 31 December, sales fell ...
Richemont Group posts 4% sales rise
Richemont has announced its sales for the five months ended 31 August 2015 increased by 4 % at constant exchange rates. Ahead of its Annual General Meeting held today in Geneva, ...
Richemont invites LVMH and Kering to create new online store
The chairman and CEO of Richemont, Johann Rupert, has invited LVMH and Kering to create a new online luxury retail store to compete with Amazon. Speaking at the Financial Times ...
