Richemont
Swiss conglomerate Richemont is the owner of luxury maisons in jewellery, watches, fashion and accessories, including Cartier, Van Cleef & Arpels, Jaeger-LeCoultre and more.
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Richemont and Signet in Talks to Join Bidder for De Beers
Luxury giant Richemont and US retailer Signet Jewelers Ltd. are in talks to join a consortium that’s in prime position to buy diamond miner De Beers, according to five people familiar with the matter.
Opinion: LVMH’s Struggles Are a Bad Look for Luxury
For LVMH and big bling to return to a more encouraging trajectory, China needs to show signs of improvement, writes Bloomberg’s Andrea Felsted.
Why Luxury Shares Are (Mostly) Suffering
LVMH and Kering have seen their post-pandemic gains vanish and Hermès has taken a knock as investors question prospects for a sector rebound. Richemont’s climb, meanwhile, shows no sign of letting up.
At Geneva Watch Days, Brands Fret About Fate of Suppliers
An industry temperature check in Geneva showed executives concerned about component suppliers as the polarisation of the Swiss watchmaking sector deepens.
Richemont Promotes Johann Rupert’s Son in Succession Plan
The Swiss luxury group appointed Anton Rupert, 39, as non-executive co-deputy chairman in charge of creative and commercial direction, signaling a long-awaited succession plan for founder Johann Rupert is underway.
Opinion: China’s Luxury Setback Leaves Brands Reliant on the US
A renewed slowdown in Chinese luxury spending is raising fears of another false dawn for the sector, increasing brands’ reliance on American consumers and their exposure to a US stock market correction.
Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
Richemont Sales Surge 20%, Setting High Bar for Luxury
The Cartier and Van Cleef & Arpels owner smashed expectations on booming US demand ahead of earnings reports at LVMH, Kering, Hermès and Prada later this month.
Who Is Still Doing Deals in Fashion?
In a muted deal market, investors are prioritising predictable demand, proven brand strength or heritage brands with turnaround potential.
Richemont Sales Soar as Cartier Outpaces Rivals
The Swiss group’s jewellery brands gained further market share on the back of continued demand in the US and Chinese interest in new product lines at Cartier and Van Cleef & Arpels.