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Richemont

Swiss conglomerate Richemont is the owner of luxury maisons in jewellery, watches, fashion and accessories, including Cartier, Van Cleef & Arpels, Jaeger-LeCoultre and more.

Richemont
News & Analysis

Chinese Tourists Told to Shut Their Wallets

Chinese tourist spending fell off a cliff for the second consecutive month in April, contributing to the sector’s continued downward rating.

News & Analysis

Chinese Tourists Told to Shut Their Wallets

Chinese tourist spending fell off a cliff for the second consecutive month in April, contributing to the sector’s continued downward rating.


Luxury

China Bets on Duty-Free Paradise to Keep Luxury Spenders at Home

China's efforts to lift local consumption and spur domestic tourism have spawned a duty-free paradise on the southern island of Hainan.

Luxury

China Bets on Duty-Free Paradise to Keep Luxury Spenders at Home

China's efforts to lift local consumption and spur domestic tourism have spawned a duty-free paradise on the southern island of Hainan.


Financial Markets

Bulgari Aims to Have Up to Six Stores in Russia over 10 Years

Bulgari plans to open up to four more stores in Russia over the next 10 years, betting on the long-term prospects of its luxury market.

Financial Markets

Bulgari Aims to Have Up to Six Stores in Russia over 10 Years

Bulgari plans to open up to four more stores in Russia over the next 10 years, betting on the long-term prospects of its luxury market.


News & Analysis

Richemont Sees Challenging Market After April Sales Plunge

Richemont, the maker of Cartier jewelry and IWC Schaffhausen timepieces, forecast a difficult first half after sales plunged 18 percent in April.

News & Analysis

Richemont Sees Challenging Market After April Sales Plunge

Richemont, the maker of Cartier jewelry and IWC Schaffhausen timepieces, forecast a difficult first half after sales plunged 18 percent in April.


Retail

Middle East Luxury Sales Fading as Oil Falls and Tourism Slows

Falling crude prices have crimped the spending power of luxury-goods consumers in the Middle East, while a weak ruble means fewer free-spending Russians have visited the region.

Retail

Middle East Luxury Sales Fading as Oil Falls and Tourism Slows

Falling crude prices have crimped the spending power of luxury-goods consumers in the Middle East, while a weak ruble means fewer free-spending Russians have visited the region.



Financial Markets

Hugo Boss to Cut Rent Costs After Weak First Quarter

German fashion house Hugo Boss will seek to cut costs by renegotiating store rents after it reported lower-than-expected sales and profits for the first quarter.

Financial Markets

Hugo Boss to Cut Rent Costs After Weak First Quarter

German fashion house Hugo Boss will seek to cut costs by renegotiating store rents after it reported lower-than-expected sales and profits for the first quarter.


News & Analysis

What You May Have Missed This Week

BoF brings you the top eight fashion news and analysis stories of the week.

News & Analysis

What You May Have Missed This Week

BoF brings you the top eight fashion news and analysis stories of the week.


Financial Markets

Versace Sees Growth Slowing in 2016, Chief Executive Says

Versace's cautious outlook comes after several luxury groups including LVMH, Richemont and Burberry posted weak first-quarter sales.

Financial Markets

Versace Sees Growth Slowing in 2016, Chief Executive Says

Versace's cautious outlook comes after several luxury groups including LVMH, Richemont and Burberry posted weak first-quarter sales.


Financial Markets

Bulgari Sees Brighter Prospects for Second Half of Year

Bulgari chief executive Jean-Christophe Babin sees growth picking up in the second half of the year after sales suffered following the terror attacks in Paris in November.

Financial Markets

Bulgari Sees Brighter Prospects for Second Half of Year

Bulgari chief executive Jean-Christophe Babin sees growth picking up in the second half of the year after sales suffered following the terror attacks in Paris in November.