The response to the downturn and the impact of the election of Donald Trump were top of mind during a call with the Swiss ...
Luxury group’s jewellery brands, its biggest division housing Cartier and Van Cleef & Arpels, show resilience.
While sales could weaken in Q2 FY25, Richemont's acquisition of Vhernier and the YNAP sale to Mytheresa could support ... markets like the US and Western Europe. The S&P Global Luxury Index ...
Michael Kliger, chief executive of luxury e-commerce platform Mytheresa, is in Dubai for a brief stopover en route from ...
Sharp declines in the company’s watch division were slightly offset by single-digit gains elsewhere, but losses in China ...
Richemont notably sold its stake in Yoox Net-A-Porter (YNAP) to Mytheresa in October after continuing losses. All regions had ...
Interim results for the Switzerland-based group which is chaired by well known South African businessman Johann Rupert, ...
Richemont’s first half sales at 10.1 billion euros were down 1 percent at actual exchange rates, while operating profit from ...
Richemont’s profit slumped in the first half as the Swiss luxury group’s watchmaking division suffered from falling demand in China.
Economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead for the global $2.5 trillion fashion ...
Cartier owner Richemont said weaker consumer spending in China hit sales, particularly at its watch brands, as a luxury ...
BUDAPEST, Hungary (AP) — Around 50 European leaders on Thursday called for a stronger defense posture across the continent that no longer necessitates a fundamental dependence on Washington as ...