Search Results: Richemont
What’s Behind Richemont’s Delvaux Purchase?
Richemont is expanding its leather goods portfolio by acquiring Belgian brand Delvaux. Will this give the luxury conglomerate ammunition to challenge LVMH? Read More
The Asia Pacific & Jewelry: Richemont’s Pandemic Bright Spots
COVID-19 has made jewelry more dominant while reshuffling Richemont’s regional mix, growing the Asia Pacific larger than Europe and the Americas combined. Read More
LVMH, Prada, and Richemont Build a Blockchain
LVMH, the Prada Group, and Richemont have joined forces to put a stop to China’s Daigou’s and counterfeit luxury goods. Meet the Aura Blockchain Consortium. Read More
China’s Craving for Cartier Gives Richemont A Much-Needed Boost
Richemont sales rose 5 percent during the holiday quarter, driven largely by Chinese consumers splurging on luxury jewelry and watches. Read More
Alibaba Group & Richemont Confirm $1.1B Investment In Farfetch
The luxury online marketplace Farfetch has been upping its China credentials recently. Now, Chinese e-commerce giant Alibaba is reportedly investing in it. Read More
Despite Hard Times In Q4, Richemont Is Confident in China And Alibaba
Despite a ripple effect from the COVID-19 pandemic during Q4, Richemont’s Chairman is confident in both the group’s online shift and China’s recovery. Read More
Richemont Bets Big on China
With continued protests in Hong Kong, Richemont should focus on the Chinese mainland where the demand for luxury watch sales and jewelry remains strong. Read More
Introducing Feng Mao, Richemont and Alibaba’s New Venture
Feng Mao, the new high-end online joint venture between Alibaba and luxury monolith Richemont gives Chinese consumers to the world’s leading luxury brands. Read More
Richemont Teams With Alibaba to Fight Counterfeits
Conglomerate Richemont, whose portfolio includes brands like Chloé, Cartier, and Montblanc, is joining Alibaba’s Anti-Counterfeiting Alliance. Read More
In Dizzying Reversal, China Firm in Talks with Richemont to Shed Jeweler Buccellati
Swiss luxury company Compagnie Financière Richemont SA is reportedly in talks with Chinese firm Gansu Gangtai to acquire Italian jeweler Buccellati. Read More
