Richemont

Fashion brands halt sales in Russia

Mar 7, 2022 / World

Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February

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

Companies Coronavirus - Covid19 Fashion Luxury Quarter Results Results Richemont Switzerland

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

Alibaba China Companies Digital ecommerce Footwear Investment Kering Luxury Richemont

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

Companies Coronavirus - Covid19 Fashion Luxury Quarter Results Results Retail Richemont Switzerland

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

Accessories Companies Fashion France Leather Management People Richemont

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

Accessories Companies Coronavirus - Covid19 Luxury Quarter Results Results Retail Richemont Switzerland

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

Acquisitions Companies France Italy Leather goods Richemont Switzerland

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

Management Richemont Switzerland

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