The response to the downturn and the impact of the election of Donald Trump were top of mind during a call with the Swiss ...
Swiss luxury group Richemont’s sales dipped in the three months to September with the owner of Cartier becoming the latest in the sector to report slower than expected revenues as Chinese demand ...
Nicole O’Brien became a household name in 2020 with her breakout role on one of Netflix’s leading reality shows - Too Hot to ...
While sales could weaken in Q2 FY25, Richemont's acquisition of Vhernier and the YNAP sale to Mytheresa could support ... markets like the US and Western Europe. The S&P Global Luxury Index ...
Sharp declines in the company’s watch division were slightly offset by single-digit gains elsewhere, but losses in China ...
Michael Kliger, chief executive of luxury e-commerce platform Mytheresa, is in Dubai for a brief stopover en route from ...
Richemont notably sold its stake in Yoox Net-A-Porter (YNAP) to Mytheresa in October after continuing losses. All regions had ...
Richemont’s first half sales at 10.1 billion euros were down 1 percent at actual exchange rates, while operating profit from ...
Interim results for the Switzerland-based group which is chaired by well known South African businessman Johann Rupert, ...
Cartier owner Richemont said weaker consumer spending in China hurt sales, particularly at its watch brands, as a luxury downturn that is hurting most players in the industry rumbles on.
Richemont’s profit slumped in the first half as the Swiss luxury group’s watchmaking division suffered from falling demand in China.
Economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead for the global $2.5 trillion fashion ...