Richemont

Richemont, the Swiss luxury conglomerate that owns Cartier, is buying a controlling stake in Italian high-end shoemaker Gianvito Rossi. The acquisition will add another maison to Richemont’s fashion and accessories division, which has…

Richemont has sought to quash speculation over takeover approaches after jewellery sales and a rebound in China drove the Swiss luxury group to record earnings.Revenues for the owner of Cartier and Van Cleef & Arpels climbed 14…

© Reuters. Investing.com -- Shares in Richemont (SIX:) touched a new high on Friday after the luxury group better-than-expected sales and profit in its 2023 financial year thanks to a rebound in Chinese demand. Annual group-wide…

Shares in luxury goods company Richemont shot up over 1 000% on Wednesday as a share consolidation kicked in and the company went ahead with the secondary listing of its A shares on the JSE. The group, which is dually listed on Zurich’s…

Richemont’s plans to terminate its South African Depository Receipt (DR) programme and list its A shares and A Warrants as a secondary inward listing on the JSE, has received the green light, but not without hefty costs to shareholders, an…

Richemont is building a digital platform to help police forces worldwide fight theft of luxury watches and jewelry. The platform is open to the entire luxury industry and owners can register their collections using the brand and serial…

Richemont shareholders rejected Bluebell Capital Partners proposal to add the former head of Bulgari to its board, a defeat for the activist investor’s campaign to boost shareholder representation. The Swiss luxury goods company instead…

Richemont, the maker of Cartier jewelery, said shareholders should vote against the appointment of Francesco Trapani to the board as he is too closely associated with arch rival LVMH. In a ratcheting up of the battle between the luxury…

© Reuters. FILE PHOTO: High-end jewellery is displayed at a Cartier store on Place Vendome in Paris, France, July 2, 2019. REUTERS/Regis Duvignau/File Photo ZURICH (Reuters) -Cartier owner Richemont said strong demand for its jewellery…

The Swiss luxury goods group behind Cartier and Van Cleef & Arpels is in talks over a deal to cede majority control of its lossmaking Yoox Net-a-Porter ecommerce business. Richemont said that it was in “advanced discussions” over…