Richemont

News & Analysis

Luxury Stocks Hit on New China Virus Fears

21 January 2020 • By Reuters

21 January 2020 • By Reuters

$15 billion was wiped off the luxury sector's market value on fears the coronavirus outbreak could hurt sales.

News & Analysis

Luxury Stocks Hit on New China Virus Fears

$15 billion was wiped off the luxury sector's market value on fears the coronavirus outbreak could hurt sales.

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Can Richemont Fight Off LVMH?

20 January 2020 • By Luca Solca

BoF Professional Exclusive

Can Richemont Fight Off LVMH?

LVMH’s Tiffany takeover puts new pressure on the Swiss luxury conglomerate, which can either take it on the chin or stage a major counterattack, merging with Chanel or Kering, says Luca Solca.

News & Analysis

Richemont Sales Rise Despite Hong Kong, Japan Contraction

17 January 2020 • By Reuters

17 January 2020 • By Reuters

The Swiss conglomerate reported a 4 percent rise in third-quarter sales, but geopolitical tensions still weigh.

News & Analysis

Richemont Sales Rise Despite Hong Kong, Japan Contraction

The Swiss conglomerate reported a 4 percent rise in third-quarter sales, but geopolitical tensions still weigh.

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Net-A-Porter Group Plunged to a Loss in 2019, According to New UK Filing

13 January 2020 • By Sarah Kent

13 January 2020 • By Sarah Kent

The luxury e-commerce leader reported a £10.5 million loss in the 15 months ending March 31, 2019, reflecting a tumultuous period following the company’s takeover by Richemont.

BoF Professional Exclusive

Net-A-Porter Group Plunged to a Loss in 2019, According to New UK Filing

The luxury e-commerce leader reported a £10.5 million loss in the 15 months ending March 31, 2019, reflecting a tumultuous period following the company’s takeover by Richemont.

Ralph Lauren and Brunello Cucinelli Are Up, Tod's and Richemont Disappoint

5 December 2019 • By Pierre Mallevays

5 December 2019 • By Pierre Mallevays

The luxury sector fared well this month, with hopes of a trade deal between China and the USA as well as increased M&A chatter adding to a predominantly positive results season.

Ralph Lauren and Brunello Cucinelli Are Up, Tod's and Richemont Disappoint

The luxury sector fared well this month, with hopes of a trade deal between China and the USA as well as increased M&A chatter adding to a predominantly positive results season.

BoF Professional Exclusive

Yoox Net-a-Porter’s ‘Painful’ Tech Upgrade Drags Down Richemont

18 November 2019 • By Lauren Sherman

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Yoox Net-a-Porter’s ‘Painful’ Tech Upgrade Drags Down Richemont

A troubled technology and logistics makeover at the Richemont subsidiary interrupted the Swiss conglomerate’s grand plans to build a single platform for luxury e-commerce, amid growing competition for online sales.

News & Analysis

Richemont Weathers Hong Kong Protests as Jewellery Picks Up

8 November 2019 • By Reuters

8 November 2019 • By Reuters

Sales at the group rose 9 percent to €7.3 billion in the first half of the 2019-2020 fiscal year, with net profit broadly stable at €869 million.

News & Analysis

Richemont Weathers Hong Kong Protests as Jewellery Picks Up

Sales at the group rose 9 percent to €7.3 billion in the first half of the 2019-2020 fiscal year, with net profit broadly stable at €869 million.

BoF Professional Exclusive

Luxury Giants Play Both Sides in the US-China Trade War

7 November 2019 • By Casey Hall and Zoe Suen

BoF Professional Exclusive

Luxury Giants Play Both Sides in the US-China Trade War

Weeks after a controversial meeting with President Donald Trump, LVMH executives, along with their Kering counterparts, are rubbing shoulders with China’s business and political elite including President Xi Jinping. How long can they maintain their delicate balancing act?

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Does the Owner of Coach and Kate Spade Need a Plan B?

3 November 2019 • By Brian Baskin

BoF Professional Exclusive

Does the Owner of Coach and Kate Spade Need a Plan B?

This week, everyone will be talking about Tapestry's first results since the departure of CEO Victor Luis, Richemont's latest attempt to build a soft luxury business and the early arrival of Black Friday sales.

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Alber Elbaz and Richemont Are Launching a New Fashion Venture. They Have Their Work Cut Out for Them.

25 October 2019 • By Chantal Fernandez and Laure Guilbault

The former Lanvin creative director has inked a partnership with the Swiss luxury conglomerate.

BoF Professional Exclusive

Alber Elbaz and Richemont Are Launching a New Fashion Venture. They Have Their Work Cut Out for Them.

The former Lanvin creative director has inked a partnership with the Swiss luxury conglomerate.