Is Fashion Just an Accessory at Richemont?

Dunhill 'Home' in Shanghai, China | Source: Dunhill

ZURICH, Switzerland — While Richemont last week reported a 30 percent gain in annual profit as shoppers spent more on its Cartier jewelry and IWC watches, leather goods and fashion brands such as Lancel and Chloé have struggled. Earnings at Richemont’s so-called soft luxury unit fell by more than half in the last fiscal year.

…Continue Reading

Marty Wikstrom, Head of Fashion and Accessories, Leaves Richemont

Richemont | Source: Richemont

LONDON, United Kingdom — Martha 'Marty' Wikstrom, chief executive of fashion and accessories at Compagnie Financière Richemont, has resigned from her post, the luxury group announced today. Richemont is the Swiss parent company of fashion, jewellery and watchmaking companies including Dunhill, Chloé, Cartier and Piaget.

…Continue Reading