The Cartier-owner reported earnings that beat analysts’ estimates as sales in China rebounded following the end of Covid Zero policies.

Richemont sold a big stake in loss-making Yoox Net-a-Porter to rival Farfetch, giving the fashion platform a major boost. But it’s hard to make money in online luxury, where the path to profitability remains challenging.

The Swiss luxury group is spinning off Yoox Net-a-Porter in a joint venture with fashion platform Farfetch. What does it mean for Richemont, Farfetch, YNAP and the luxury industry at large? BoF dissects the deal.

The group urged shareholders to vote against activist investor Bluebell’s proposal to appoint Francesco Trapani to the board because he is too closely associated with arch-rival LVMH.

With Tiffany’s LVMH-backed reboot making a splash, Cartier is trying to hit back with its own holiday push. Here’s what the campaign says about the Paris-based jewellery giant’s strategy.

The Cartier owner has been looking for options to turn around or deconsolidate the loss-making e-commerce division.

Cartier’s sales are booming, but its Swiss owner faces mounting pressure to clean house. Activist shareholders are likely to put governance issues and steep losses at YNAP into the spotlight.

Getting the loss-making e-tailer Yoox Net-a-Porter (YNAP) off its balance sheet has become a priority for Swiss luxury group Richemont and its chairman Johann Rupert, Miss Tweed reported.