Geneva—Compagnie Financière Richemont SA, the world’s second largest luxurygoods group after LVMH, reported today that its … [Read more...]
Richemont
Ralph Lauren Corp: A Greater Emphasis on Accessories?
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
Geneva--Compagnie Financiere Richemont AG reported today Wednesday a 23% increase in sales for the five months ended August, … [Read more...]
Richemont Q3 Sales Surge 24% in Watches, Jewelry
Geneva—Fears about a slowdown in luxurygoods, particularly in watches and jewelry, were allayed somewhat on Monday when Cie. … [Read more...]
Marcolin Launches Diesel Shades, Renews Montblanc
Milan—The first week of autumn has been a busy one for Marcolin. The eyewear maker launched its newest license with Diesel in … [Read more...]
Kentucky, the “Blue Box” State?
Lexington,KY—Kentucky may called the “Bluegrass” State, but state officials were hailing the “blue box” on Monday as … [Read more...]
Acquisition Rumors Erupt in Luxurygoods Sector
Paris—European stock and retail analysts have been aflutter this week with speculation about LVMH possibly increasing its stake … [Read more...]
Richemont Q3 Sales Up 23%
Geneva—Although Richemont reported today a 23% increase in its third quarter sales, the company cautioned that its fourth … [Read more...]
Richemont Half Year Profit Jumps 88%
Geneva—While Richemont reported Friday that profit from its luxury brands such as Cartier, Mont Blanc and Van Cleef & … [Read more...]
Hermes Lifts Full-Year After 31% Q3 Sales Increase
Paris—Hermès continues to make news in luxury retailing and this time it’s not just about the recent fight over LVMH’s … [Read more...]
Richemont Half Year Sales Beat Forecast
Geneva—Richemont, the luxurygoods giant behind 19 leading luxury brands including Cartier, Montblanc and Chloe, reported this … [Read more...]
Richemont Posts 44% Drop in Full-Year Profit
Geneva--Luxurygoods group Richemont SA says it continues to face “plenty of challenges” after posting a 44% drop in full-year … [Read more...]
