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.
Watchmaker Swatch Goes Into Car Batteries as Investors Question Strategy
Investors called the plan expensive and unrealistic and with 2016 group sales predicted to be below last year's 8.45 billion Swiss francs ($8.36 billion).
The Case for Global Fashion Cooperation
In today’s complex and connected world, the major challenges facing fashion can only be addressed through greater global cooperation.
Tag Heuer CEO Say New Models Helping to Buck Downturn
Tag's new models are helping it offset the wider challenges of a downturn in the Swiss watch industry.
Richemont Offers to Scale Back Job Cut Plan, Union Says
Richemont offered to reduce the number of jobs it plans to eliminate at the Swiss watchmakers to about 170 from 210.
No Price Like Home: Big Spenders Reappear in China
China's rich make up almost a third of the world's luxury shoppers, up from only 2 percent around the turn of the millennium.
Report: Swiss Watchmaker Breitling is Considering a Sale
The most likely suitors are luxury goods companies rather than private equity firms.
Tiffany Shares Rally After Luxury Slump Shows Signs of Easing
Tiffany & Co. rose as much as 6.5 percent after improving sales in China and Japan signalled that the worst of the global luxury market’s downturn may be over.
Yoox Net-a-Porter and Alabbar's New Middle-East Venture
The Yoox Net-a-Porter Group is launching a joint venture with Mohamed Alabbar's Symphony Investments to create a major new platform for online luxury retail for the Middle East.
Is Melania Trumping Trade Concerns?
Designers seem fixated on whether or not to dress Melania Trump, but the fashion industry should pay more attention to the protectionist trade policies espoused by her husband, the President-elect.
Richemont Cuts Send Shockwaves From Geneva to Mountain Valleys
Richemont’s plan to slash 210 watchmaking jobs in Switzerland is sending shockwaves from Geneva to some of the country’s remote mountain villages, the cradle of high-end watch manufacturing.