Swiss luxury conglomerate Richemont announced the appointment of Dr Bérangère Ruchat as Chief Sustainability Officer, reporting to Burkhart Grund, Chief Finance Officer, with immediate effect.…
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Richemont sales in APAC soar 23 percent on last year
Swiss luxury conglomerate Richemont Group announced on 19th January an increase of 32 percent in total sales for the third quarter, on the back on double-digit sales growth in Asia-Pacific, its larges…
Richemont in advanced talks with Farfetch to further partnership
Richemont said it was in advanced talks with Farfetch as it seeks to turn its loss-making Yoox-Net-a-Porter (YNAP) business into a neutral, industry-wide platform, with no controlling shareholders.…
Richemont appoints new members to the Board
Richemont announced the nominations of Jasmine Whitbread and Patrick Thomas for election to the Board of Directors.…
Richemont announces financial results
Swiss luxury goods group Richemont reported a strong trading in the first quarter ended 30th June 2021 with Group sales up by 121% at actual constant exchange rates compared to prior year. …
Richemont acquires Delvaux
Richemont announced that it has acquired 100% of Delvaux, the Belgian luxury leather goods Maison, in a private transaction.…
Richemont announces financial results
The luxury goods group Richemont reported that sales in the quarter increased by 5% at constant exchange rates compared to the prior year period. …
Farfetch, Alibaba Group and Richemont partner to develop “Luxury New Retail”
Farfetch, Alibaba Group and Richemont said they are joining forces to provide luxury brands with enhanced access to China and speed up digitization of the global luxury industry.…
Richemont China sales up 49% in first quarter
Richemont recorded a staggering 49% increase in sales in China in the first quarter, which failed to offset an overall global sales slump with double-digit sales decline across all major regions.…
Richemont partners with Alber Elbaz for “AZfashion”
Richemont and Alber Elbaz announced the signing of an agreement to form a joint venture, called “AZfashion” (AlberelbaZfashion).…