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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

Clock Ticking as Swiss Watchmakers Await Market Recovery

Demand for traditional luxury watches has been hammered by a Chinese government crackdown on bribery, a drop in tourist shoppers to Europe and, at lower price points, the rise of smartwatches.

News & Analysis

Clock Ticking as Swiss Watchmakers Await Market Recovery

Demand for traditional luxury watches has been hammered by a Chinese government crackdown on bribery, a drop in tourist shoppers to Europe and, at lower price points, the rise of smartwatches.


Financial Markets

Burberry Sees Profit Setback Amid Declining Luxury-Goods Demand

Burberry Group Plc said earnings this year will be at the low end of analysts’ estimates as the company struggles to cope with ebbing demand in Hong Kong and Europe.

Financial Markets

Burberry Sees Profit Setback Amid Declining Luxury-Goods Demand

Burberry Group Plc said earnings this year will be at the low end of analysts’ estimates as the company struggles to cope with ebbing demand in Hong Kong and Europe.


Luxury

Luxury Market Growth Will Hit Low Point in 2016, Forecasts Bain

Growth in the more than 250 billion euro ($285 billion) personal luxury goods market should pick up next year, boosted by resurgent demand in the United States and China, after hitting a trough in 2016, consultancy Bain & Co predicted.

Luxury

Luxury Market Growth Will Hit Low Point in 2016, Forecasts Bain

Growth in the more than 250 billion euro ($285 billion) personal luxury goods market should pick up next year, boosted by resurgent demand in the United States and China, after hitting a trough in 2016, consultancy Bain & Co predicted.


Workplace & Talent

Power Moves | Justin O'Shea to Brioni, Richemont Co-CEO Retires, Nike Hires Dave Dombrow

LONDON, United Kingdom — BoF compiles the most important professional moves of the week.

Workplace & Talent

Power Moves | Justin O'Shea to Brioni, Richemont Co-CEO Retires, Nike Hires Dave Dombrow

LONDON, United Kingdom — BoF compiles the most important professional moves of the week.


Global Markets

Swiss Watchmakers Face Another Challenging Year

Swiss watchmakers are braced for another difficult year as economic woes in major markets curb consumers' appetite for pricey timepieces, industry executives said on Thursday.

Global Markets

Swiss Watchmakers Face Another Challenging Year

Swiss watchmakers are braced for another difficult year as economic woes in major markets curb consumers' appetite for pricey timepieces, industry executives said on Thursday.


News & Analysis

Richemont Co-CEO Fornas to Retire as Cartier Cuts Jobs

Richemont's co-chief executive officer Bernard Fornas will retire as the jewellery maker is in the midst of a job-cut plan at its top watchmaking brands, including Cartier, Vacheron Constantin and Piaget.

News & Analysis

Richemont Co-CEO Fornas to Retire as Cartier Cuts Jobs

Richemont's co-chief executive officer Bernard Fornas will retire as the jewellery maker is in the midst of a job-cut plan at its top watchmaking brands, including Cartier, Vacheron Constantin and Piaget.


Financial Markets

Yoox Net-A-Porter Profit up 26 Percent in 2015

Yoox Net-A-Porter posted a 26 percent increase in 2015 adjusted core profit as sales rose strongly driven by the recently merged group's more exclusive websites.

Financial Markets

Yoox Net-A-Porter Profit up 26 Percent in 2015

Yoox Net-A-Porter posted a 26 percent increase in 2015 adjusted core profit as sales rose strongly driven by the recently merged group's more exclusive websites.


News & Analysis

Cartier, Montblanc Win Court Order Blocking Sites Selling Fakes

Luxury brands Cartier and Montblanc won a UK court ruling that orders Internet providers to block websites selling counterfeit goods including watches and pens.

News & Analysis

Cartier, Montblanc Win Court Order Blocking Sites Selling Fakes

Luxury brands Cartier and Montblanc won a UK court ruling that orders Internet providers to block websites selling counterfeit goods including watches and pens.


Financial Markets

The Growth Conundrum

As key global markets continue to cool, business growth in the luxury sector will be hard won in 2016. But, here are three levers that fashion’s luxury megabrands can employ to drive growth.

Financial Markets

The Growth Conundrum

As key global markets continue to cool, business growth in the luxury sector will be hard won in 2016. But, here are three levers that fashion’s luxury megabrands can employ to drive growth.


Luxury

Hermès Sales Growth May Miss Goal as Luxury Industry Struggles

Hermès International SCA added to the luxury industry’s recent woes, saying sales growth this year may miss its medium-term target.

Luxury

Hermès Sales Growth May Miss Goal as Luxury Industry Struggles

Hermès International SCA added to the luxury industry’s recent woes, saying sales growth this year may miss its medium-term target.