Search Results: Richemont
Richemont launches new beauty division, doubling down on high-end fragrance
Following similar moves by LVMH and Kering, Richemont’s beauty division is tasked with scaling up its fragrance business. Will the group take the business in-house? Read More
China rebound not enough to save LVMH, Richemont shares from sliding
Despite luxury groups posting strong results in China in the first half of the year, investors are unimpressed by lackluster performances in North America. Read More
Why LVMH’s Acquisition Of Cartier From Richemont Is Unlikely
LVMH is reportedly looking to buy Cartier from Richemont but is being met with resistance. Here’s why an acquisition is unlikely to happen. Read More
Earnings: Burberry, Richemont Brave China Headwinds While Swatch Group Shoots For Record 2023
Despite tanking sales in December, luxury brands are hopeful that China’s reopening and Lunar New Year festivities will spell a more prosperous 2023. Read More
Penfolds, Richemont, And Burberry Turn Out For Hainan Expo
Luxury brands in the fashion, beauty, wine, and spirits categories showed up for the second China International Consumer Expo in Hainan Province. Read More
Richemont Warns of Slow China Rebound
Richemont’s negative projection of the Chinese market dampened investor confidence, lowering its shares by 13 percent. Should luxury be concerned? Read More
Tod’s, PVH & Richemont See a Growing Reliance on China
September’s earnings results confirm that China has tightened its grip on the global luxury market, fueled by the COVID-19 pandemic. Read More
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
