Tag: Richemont
Richemont, Kering, Farfetch and Alibaba form alliance to define the future...
Richemont chairman Johann Rupert and François‐Henri Pinault, chairman of Kering and Artemis, join Farfetch and Alibaba in search for global, integrated, omnichannel, luxury retail concept.
Watch sales deficit narrows in Richemont’s most recent quarter
Multibrand watch retailers under-perform direct sales by the group's watch brands through owned and operated physical stores and ecommerce.
Richemont and Alibaba rumoured to be investing in Farfetch
Investment from Alibaba and Richemont would likely be part of a strategy to extend Farfetch's reach into the Chinese market.
CORDER’S COLUMN: Richemont’s rotten year
Few businesses are going to look back on 2020 with any satisfaction, but Richemont has misused the covid crisis.
Richemont cuts dividend to preserve cash during Covid crisis
Investors will instead be rewarded with warrants that can be converted into new shares in three years.
Richemont nominates African female empowerment leader to its board of directors.
Wendy Luhabe, a social entrepreneur and economic activist from South Africa, could challenge the group's male, pale and stale image.
Richemont sales drop 47% in the three months to June, with...
Sales by the group's watchmakers were down by 56% from €833 million to €359 million at actual exchange rates. Jewelry sales were down by 41%.
Richemont reveals virtual showroom concept
Richemont-owned jewelry and watch brand Piaget has launched a digital showroom that you can walk around, browse and get advice.
Cartier chief executive rumored to have been given top job at...
Cyrille Vigneron expected to take charge with Jérôme Lambert moving to head up Online Distributors.
Richemont’s HR director ousted from the board
Sophie Guieysse is stepping down immediately from her senior executive committee role and will not stand for re-election to the board.
