Switzerland

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

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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

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Aldo asks for creditors' protection

May 11, 2020 / Canada

The Canada-based group, created in 1972, requested a creditors' agreement at the Quebec Superior Court. The same procedure was initiated in the United States and Switzerland might follow

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You have to get the priorities right

Jun 24, 2019 / Switzerland

Watch the interview to learn a bit more about the current trends of the footwear industry according to the views of Thomas G Bata, from the Bata Group

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Singapore: most competitive economy

Jun 12, 2019 / Singapore

Singapore has ranked as the world’s most competitive economy for the first time since 2010, according to the IMD World Competitiveness Rankings, as the United States slipped from the top spot and economic uncertainty took its toll on conditions in Europe

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Kering to relocate Swiss logistic activities

May 29, 2019 / Switzerland

After the agreement with Italy’s Inland Revenue the French luxury group Kering might be on the verge to relocate most of its logistic activities to Italy

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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

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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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Louboutin loses battle for red protection in Switzerland

May 24, 2016 / Switzerland

The French luxury footwear and fashion designer lost the exclusive rights over its distinctive red sole in a lawsuit

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Bata repositions business in Switzerland

Apr 20, 2016 / Switzerland

Bata’s Switzerland unit is closing the remaining 29 stores in the country as part of its ongoing restructuring strategy

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Karl Vögele sells Austrian stores

Jan 11, 2016 / Switzerland

The Swiss-based shoe retailer is refocusing its business model by concentrating in its 300 stores in the domestic market. An agreement to sell its 70 stores in Austria to Germany-based investment company, Lafayette Industrieholding was reached

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