Richemont


Richemont Full Year Profit Rises on Steadier Luxury Demand

E-magazine Rouge Cartier – Water & Light

Geneva—Cie. Financiere Richemont SA, parent to Cartier, Montblanc, Lancel and about 20 luxury brands, reported today that its full … [Read more...]

Report: Luxury Watch Sales Trending “Strong” for 2014

BaselWorld Premiere: Rolex GMT-Master II 40 mm in white gold with a 24-hour rotatable red and blue Cerachrom bezel, black dial and Oyster bracelet.

Geneva and Basel, Switzerland—The Mecca for watches, BaselWorld, opened today and is expected to draw more than 100,000 attendees … [Read more...]

Richemont Reports 9% Increase in Q3 Luxury Sales

Richemont

Geneva—Luxurygoods group Compagnie Financiere Richemont today reported that an increase in its third quarter sales due to a strong … [Read more...]

Richemont Profit Edges Down, But No Plans to Sell Brands

Save, Not Sell: Richemont plans to keep leathergoods brand Lancel

Geneva—Cie Financiere Richemont, the luxurygoods giant, reported today than its first half operating profit fell 0.7% due to … [Read more...]

U.S. Court Awards Gucci $144.2 Million in Counterfeiting Suit

Status Look: Gucci rethinks the little black dress for fall

Fort Lauderdale, FL—Maybe if more luxury brands filed suit against counterfeiters (and won), there would be a drop in what has … [Read more...]

Week in Review: 10 Must-Remember Online Articles

Retail Fixer: Burberry CEO Angela Adrendts soon to head Apple's retail division

New York—“The epicenter of stupidity”…that’s how outspoken L Brands chairman Leslie Wexner referred to Washington, specifically … [Read more...]

Report: Private Equity Firm Makes Bid on Lancel

Lancel

Paris—Even though owner Richemont, the Swiss luxurygoods conglomerate, won’t confirm intended sales, sources said Wednesday that … [Read more...]

Richemont: Net-a-Porter is Not for Sale

Fall must-haves at Net-a-Porter: Gucci skirt, Lanvan handbag, Aquazzura shoes

Bellevue, Switzerland—Cie. Financiere Richemont SA, the luxurygoods conglomerate that owns Cartier, Van Cleef & Arpels, … [Read more...]

Report: Richemont to Sell Lancel?

Lancel

Paris—Although Cie Financiere Richemont, the luxurygoods company, declined to confirm rumors, reports circulated today that its … [Read more...]

Richemont Q3 Sales Disappoint on Slower Business in Asia

The latest high watch styles from Richemont's Cartier brand:
The platinum Mysterious Double Tourbillon of the Rotonde de Cartier appears to be freely suspended at the heart of the watch.

Geneva—Compagnie Financière Richemont SA, the world’s second largest luxurygoods group after LVMH, reported today that its third … [Read more...]

Ralph Lauren Corp: A Greater Emphasis on Accessories?

Fall handbag style from Ralph Lauren Collection

New York—While the majority of Ralph Lauren Corp.’s business is in apparel, the company is looking to expand its accessories … [Read more...]

Tourist Sales, Currency Exchanges Help Richemont to Half Year Goals

Cartier Tank Anglaise

Geneva--Compagnie Financiere Richemont AG reported today Wednesday a 23% increase in sales for the five months ended August, … [Read more...]