World Footwear

Richemont

Richemont: profits rise despite falling sales

Jun 22, 2021 / Switzerland
Despite a still uncertain economic scenario, luxury giant Richemont managed to register net profit rising by almost 40% in the fiscal year ending at the end of March 2021

Alibaba and Richemont invest in Farfetch

Nov 6, 2020 / China
Hangzhou-based e-commerce business Alibaba and Swiss-based luxury goods conglomerate Richemont SA will invest 1.1 billion US dollars (0.93 billion euros) in online luxury fashion retailer Farfetch and its new Chinese market operations

Richemont: quarter sales down by 47%

Jul 16, 2020 / Switzerland
During the quarter under review, the group’s trading and operations were strongly impacted by Covid-19 and sales contracted significantly across all regions, channels and business areas, notwithstanding a 49% increase in China

New appointment to Richemont Senior Executive Committee

Jul 1, 2020 / France
Philippe Fortunato has been nominated to head the fashion and accessories division of the luxury group, which includes brands such as Chloé, Dunhill or Montblanc, amongst others

Richemont with two-digit sales drop

May 18, 2020 / Switzerland
The luxury group closed the financial year with a 2% growth in sales, but the last quarter (ended 31st March 2020) was heavily impacted by Covid-19

Richemont sells Lancel to Piquadro

Jun 13, 2018 / Switzerland
Switzerland-based luxury goods holding company Compagnie Financiere Richemont SA confirmed it has sold its French leather-goods subsidiary Lancel to Italian-based company Piquadro SpA

Richemont appoints Eric Vallat as Head of Fashion & Accessories

Jun 6, 2018 / Switzerland
The Swiss-based luxury goods group announced the appointment of Mr Eric Vallat to the newly created role of Head of Fashion & Accessories Maisons. He has joined the Group’s Senior Executive Committee, effective since the 1st of June 2018
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