News

Even though Jewellery Maisons (Cartier, Van Cleef, Buccellati) grew 7%, and the Americas were up 10%, the overall results paint a sobering picture. Luxury isn’t immune anymore.
Growth in Richemont’s jewelry division, which includes the Cartier brand, has buoyed group sales in recent quarters and ...
The Richemont Group of luxury brands unveils all-new affordable watch brand created with a sustainable philosophy and made on order. Called Baume, the new brand makes its world debut today.
Richemont jewelry sales surged 11%, beating expectations.Strong demand for Cartier offsets China luxury slowdown.Americas, ...
ZURICH, March 24 (Reuters) - Luxury goods group Richemont CFR.S has sold its entire 20% stake in Swiss watchmaker Greubel Forsey, documents showed on Thursday. Greubel Forsey said in a statement ...
Wide-moat Richemont is the number-three global luxury goods conglomerate by revenue. Over the years, the group has amassed and developed a portfolio of very successful global brands, mostly in the ...
Why Richemont’s Chairman Believes Luxury Watchmakers Need to Cut Production Reducing the supply of timepieces is a surefire way to drive up demand. Modified on September 13, 2024 , Published on ...
Normally a wholesale management change is a sign of a company in crisis. The oddity at Richemont, owner of Cartier and other luxury watch and jewelry brands, is that the crisis seems to be coming ...
The head of Richemont, the owner of Cartier and Vacheron Constantin, said the luxury watch industry must reduce production after a downturn in demand for costly timepieces. Chairman and founder ...
Richemont chairman Johann Rupert thinks it’s time for the watch world to reinstate laws of supply and demand. The South African billionaire, who founded the Swiss luxury conglomerate in 1988 ...