The Richemont Group said Tuesday that it has reached an agreement to acquire 100% of Italian jewelry brand Vhernier. The terms of the deal were not disclosed. When the deal is finalized, Vhernier will ...
LONDON — What’s more durable than a billion-year-old diamond? Diamond jewelry, especially if it comes out of a Richemont box and the price is right. In the thick of a luxury slowdown, Richemont’s ...
This story was originally published on Fashion Dive. To receive daily news and insights, subscribe to our free daily Fashion Dive newsletter. Jewelry continues to be a bright spot for Richemont and ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Richemont of Cartier and Van Cleef & Arpels fame just ...
LONDON – In a challenging year for the luxury industry, Richemont saw sales climb 4 percent to 21.4 billion euros, fuelled by increased jewelry sales in the fourth quarter and double-digit growth ...
Swiss jeweler and watchmaker Richemont said it made changes to the management of Italian jewelry house Vhernier following the completion of its acquisition. The owner of high-end brands including ...
Swiss jeweler and watchmaker Richemont reported an increase in sales for its fiscal fourth quarter boosted by its core jewelry division, dodging a demand slowdown that is plaguing the luxury sector ...
Richemont reporting solid Q1 results, outperforming peers, even as luxury industry sentiment deteriorates. We have a supportive view thanks to the company's Jewelry category division and ...
Richemont remains very strong in branded jewelry. Cartier and Van Cleef & Arpels are generating sales growth that overshadows other luxury goods conglomerates. By now, the Italian brand Buccellati, ...
Richemont DNS Inc. is the wholly owned subsidiary of Compagnie Financière Richemont S.A, the prominent Swiss luxury goods holding company, submitted 14 applications for new gTLD’s of which they now ...
Investing.com - TD Cowen has reiterated a Buy rating on Compagnie Financiere Richemont SA (SIX:CFR) with a price target of CHF210.00, highlighting the company’s strong position in the luxury jewelry ...
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Richemont's Jewelry Sales Soar in Q1 Due to Demand in Europe, Americas and the Middle East
LONDON – Robust demand for jewelry in Europe, the Americas and the Middle East drove Richemont's sales up 6 percent at constant exchange to 5.4 billion euros in its first fiscal quarter ended June 30.
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