| Date | Title | Description |
| 04.06.2025 | The Cyber Siege: Luxury Brands Under Attack | In the digital age, luxury brands are not just symbols of wealth; they are also prime targets for cybercriminals. The recent cyberattack on Cartier, a name synonymous with elegance and opulence, highlights a troubling trend. This incident i... |
| 03.06.2025 | Cartier tells customers some data stolen in cyberattack | ZURICH: Cartier, the luxury jewellery company owned by Richemont, had its website hacked and some client data stolen, it told customers, according to an email seen by Reuters on Tuesday (Jun 3).
The attack is the latest case of a company be... |
| 03.06.2025 | Personal information stolen from Cartier in latest cyber attack | Luxury brand Cartier has become the latest retailer to report a data breach as cyber attacks continue to hammer the sector.
The Richemont-owned brand has warned customers that hackers have stolen a “limited” amount of personal information f... |
| 27.05.2025 | Diamonds are forever? Not with tariffs in the way | Diamonds face a baseline 10% import duty to the U.S. — a market accounting for over half of the global demand for polished diamonds.
The tariff uncertainty comes at a time when the luxury industry at large is already contending with a slowd... |
| 20.05.2025 | Cartier owner Richemont rules out big price rises despite US tariff impact | Richemont chair Johann Rupert said the luxury group would avoid sudden, sharp prices that could spark a consumer backlash, as it contends with the impact of US tariffs.
Rupert said that being restrained on price rises in the past four years... |
| 19.05.2025 | CNBC Daily Open: Downgrade of U.S. credit rating adds new complication to U.S. stock market | Moody’s Ratings cut the United States’ sovereign credit rating down one notch to Aa1 from Aaa.
All major U.S. indexes rose Friday, ending the week sharply higher.
Nvidia denied it is sending chip designs to China after new U.S. export curbs... |
| 18.05.2025 | Wealthy shoppers are splashing the cash on jewelry — so long as it’s the right brand | As the super rich grow even more selective, increasingly only the best will do.
Richemont on Friday reported better-than-expected fiscal fourth-quarter sales, led by its Jewellery Maisons division.
“Richemont’s jewelry brands are really at ... |
| 16.05.2025 | The Luxury Paradox: Wealth Amidst Uncertainty | In a world where economic storms brew, luxury brands shine like beacons. The recent surge in Richemont's shares illustrates this phenomenon. The owner of Cartier reported a 7% rise in fourth-quarter sales, defying the odds. Wealthy consumer... |
| 16.05.2025 | Navigating the New Frontier of Mental Health: Outro's Revolutionary Approach to Antidepressant Tapering | In a world where mental health is often overshadowed by stigma and misunderstanding, a new player has emerged, ready to change the game. Outro, a digital clinic co-founded by a leading expert in deprescribing, is stepping into the spotlight... |
| 16.05.2025 | Novo Nordisk shares fall after CEO exit; German defense supplier Renk’s shares pop 11% on stock upgrade | This is CNBC’s live blog covering European financial markets.
Novo Nordisk CEO to step down amid decline in share price
ECB’s Kazaks says interest rates are ‘relatively close’ to target level
Renk stock soars after JPMorgan upgrade
Richemon... |
| 16.05.2025 | Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown | Cartier owner Richemont on Friday posted better-than-expected fiscal fourth-quarter sales as wealthy spenders shrug off macroeconomic uncertainty.
Revenues at the Swiss luxury group rose 7% to 5.17 billion euros, above the 4.98 billion euro... |
| 24.04.2025 | Shares of Gucci-owner Kering drop after first-quarter sales slump | Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead.
Revenues at the fashion giant plunged 14% year-on-year in the first q... |
| 23.04.2025 | The Shifting Sands of Emerging Markets and Technology: A Deep Dive into Recent Trends | The world of finance and technology is like a vast ocean, constantly shifting and reshaping. In the first quarter of 2025, emerging markets and technology sectors showcased both promise and peril. The Ashoka WhiteOak Emerging Markets Trust ... |
| 22.04.2025 | Monthly Update – March 2025 | Monthly Update – March 2025
Tue, Apr 22, 2025 08:00 CET Report this content
22 April 2025
Ashoka WhiteOak Emerging Markets Trust plc
(the ‘Company’)
Monthly Update – March 2025
The Company's monthly factsheet as at 31 March 2025 is now avai... |
| 17.04.2025 | Cartier jewellery worn by royalty and celebrities on display in London's V&A Museum | An exhibition celebrating jewellery made by the prestigious French luxury goods company Cartier since the start of the 20th century, including watches and tiaras, is now open at London's V&A Museum.
Established by Louis-Francois Cartier... |
| 16.04.2025 | The Shifting Sands of Luxury: China’s Market and the Spirits Dilemma | In the ever-evolving landscape of global commerce, two narratives emerge: one of opportunity and growth, the other of decline and caution. On one side, China’s consumer market shines like a beacon, drawing brands from around the world. On t... |
| 15.04.2025 | LVMH dethroned by Hermès as world’s most valuable luxury stock after sales miss | Shares of LVMH plunged 7.8% on Tuesday after the world’s largest luxury group posted an unexpected decline in first-quarter sales.
Sales were “overall below the most conservative buyside expectations,” Citi analysts said, with wines and spi... |
| 15.04.2025 | Consumer goods expo highlights China’s growing allure for global brands | HAIKOU, CHINA – Media OutReach Newswire – 15 April 2025 – The fifth China International Consumer Products Expo (CICPE), held on the tropical island province of Hainan, has reaffirmed the country’s position as a vital marketplace for global... |
| 12.04.2025 | Luxury Stocks Face Turbulence Amid Economic Uncertainty | The luxury market is a delicate dance, and right now, the music has hit a sour note. Deutsche Bank has pulled the rug out from under several luxury giants, downgrading their stock outlook. LVMH, Burberry, and Richemont are now labeled as ‘H... |
| 10.04.2025 | Luxury firms face tariff hit as recession fears mount | Europe’s luxury brands may be largely sheltered from the initial effects of sweeping U.S. tariffs, but the risks of a wider economic downturn spell bad news for the sector.
“Weaker global stock markets and the broader economic uncertainty w... |
| 09.04.2025 | City broker downgrades outlook for luxury stocks LVMH, Burberry and Richemont | City broker Deutsche Bank has downgraded the target share price for a host of luxury companies as the impact of Trump’s tariffs starts to filter through analyst forecasts.
The broker rated Richemont, LVMH, Moncler and Kering a ‘Hold’, downg... |
| 07.04.2025 | Not even Hermès and Ferrari can escape the luxury sell-off | Luxury companies across the board have seen a mass stock sell-off since April 2, affecting even the strongest brands.
Hermès’ share price fell more than seven per cent in early trades on April 7, and has dropped more than 13 per cent since ... |
| 04.04.2025 | Tariffs threaten to blow a hole in European luxury sales. Citi picks the winners and losers | - |
| 03.04.2025 | The biggest winners and losers in Europe as Trump announces sweeping tariffs | U.S. President Donald Trump announced “reciprocal tariffs” on more than 180 countries and territories on Wednesday.
The new duties will include a 20% tariff on goods imported from the European Union, along with 10% levies on those originati... |
| 10.03.2025 | CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves | The U.S. nonfarm payrolls report for February was weaker than expected, but the silver lining is that the number of jobs added for the month was higher than in January. That said, the layoff of federal workers by Elon Musk’s Department of G... |
| 07.03.2025 | European markets end lower with tariffs, U.S. economy in focus; Luxury stocks sell off | This was CNBC’s live blog covering European markets.
European markets closed lower Friday, rounding off a volatile week marked by whipsawing policy on U.S. tariffs, the latest rate cut from the European Central Bank, German fiscal reforms a... |
| 24.02.2025 | Europe’s luxury sector is showing signs of revival — but China weakness and tariff threats loom | Europe’s troubled luxury sector is showing signs of revival after an upbeat earnings season.
But continued weakness in China — and the prospect of U.S. tariffs — looks set to leave even exclusive brands vying for share of pocket.
“Whether t... |
| 24.02.2025 | Monthly Update – January 2025 | Monthly Update – January 2025
Mon, Feb 24, 2025 08:00 CET Report this content
24 February 2025
Ashoka WhiteOak Emerging Markets Trust plc
(the ‘Company’)
Monthly Update – January 2025
The Company's monthly factsheet as at 31 January 2025 is... |
| 21.02.2025 | Trump tariffs threat overshadow Europe Inc's solid Q4 | Trump tariffs threat overshadow Europe Inc's solid Q4
By Samuel Indyk and Lucy RaitanoFebruary 21, 20255:42 AM UTCUpdated ago
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| 31.01.2025 | LVMH sales growth raises hope for end to luxury downturn | LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods market has passed.
LVMH, the sector bellwet... |
| 23.01.2025 | Luxury brands look to US consumers to drive recovery | The luxury industry is looking to the buoyant US market to spur growth in 2025 after a testing year for the sector, which is still grappling with the retrenchment of Chinese shoppers.
Last week, Richemont, owner of elite jeweller Cartier, b... |
| 21.01.2025 | Cartier-owner Richemont beats expectations as jewellery sales boom | Swiss luxury group Richemont sparked a surge in luxury stocks on Thursday (Jan 16) as it reported stronger than expected sales in the final three months of 2024, boosted by demand in the US for its Cartier and Van Cleef & Arpels brands.... |
| 17.01.2025 | De Beers Has the Diamond. Could It Find a Bride? | (Bloomberg Opinion) -- A diamond is forever. But perhaps not for De Beers’ owner Anglo American Plc.
Facing a $39 billion bid from mining giant BHP Group Ltd, the London-listed company is considering offloading the diamond unit, the Wall St... |
| 15.01.2025 | Luxury groups pin hopes on US as China weakness persists | Luxury groups pin hopes on US as China weakness persists
By Mimosa SpencerJanuary 15, 20255:44 PM UTCUpdated ago
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| 09.01.2025 | The Fashion Landscape Shifts: STL's Acquisition of Christian Lacroix and Emerging Trends for 2025 | In a bold move, Sociedad Textil Lonia (STL), a Spanish textile powerhouse, has acquired the iconic French fashion house Christian Lacroix. This acquisition, announced on January 8, 2025, marks a significant shift in the fashion landscape. I... |
| 03.01.2025 | 2025 Forecast: Elie Khouri, Founder, Vivium Highlighting the key trends likely to shape industries and society in the coming year. | As we step into 2025, several significant trends are poised to shape various industries and sectors. While I can't predict the future with certainty, I've identified key developments that are likely to gain momentum in the coming year, part... |
| 11.11.2024 | Cartier-owner Richemont misses sales targets as China demand stalls | Swiss luxury group Richemont’s sales dipped in the three months to September with the owner of Cartier becoming the latest in the sector to report slower than expected revenues as Chinese demand stalls.
Sales at Richemont fell 1 per cent on... |
| 09.11.2024 | The China International Import Expo: A Global Marketplace of Innovation and Opportunity | The China International Import Expo (CIIE) is more than just an exhibition; it’s a vibrant tapestry woven from the threads of global commerce. This year, the 7th edition, held in Shanghai, showcases the world’s innovations, cultures, and as... |
| 08.11.2024 | Richemont expects pick-up in US with election uncertainty now out of way | Retail & ConsumerRichemont expects pick-up in US with election uncertainty now out of way
By ReutersNovember 8, 20248:39 AM UTCUpdated ago
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| 07.11.2024 | What to see at the 7th China International Import Expo | SHANGHAI, Nov. 7, 2024 /PRNewswire/ -- A news report from english.shanghai.gov.cn
Scan the QR code to learn more about the exhibition highlights of the 7th China International Import Expo.
Country Exhibition
As a key highlight of the China ... |
| 07.10.2024 | Richemont offloads troubled online retailer YNAP | Richemont has finally struck a deal to offload its troubled online business, Yoox Net-A-Porter, to Mytheresa in exchange for shares in the German e-commerce company.
The deal, which comes 10 months after a previous plan to sell YNAP to riva... |
| 03.10.2024 | The Resilience of Luxury: Hermes and the Rise of Alcohol-Free Sparkling Wines | In the world of luxury, resilience is the name of the game. Two stories from the heart of France illustrate this perfectly. Hermes, the iconic luxury brand, is charting a bold course amid a shifting market. Meanwhile, Moët Hennessy is makin... |
| 02.10.2024 | Hermes chief eyes haute couture push as Paris house rides out luxury gloom | Hermes executive chairman Axel Dumas is considering a push into haute couture as the Parisian house emerges largely unscathed from a luxury slowdown that has exposed the widening gap between the strongest and weakest brands.
The 54-year-old... |
| 25.09.2024 | Monthly Update – August 2024 | Monthly Update – August 2024
Wed, Sep 25, 2024 08:00 CET Report this content
25 September 2024
Ashoka WhiteOak Emerging Markets Trust plc
(the "Company")
Monthly Update – August 2024
The Company's quarterly factsheet as at 31 Augu... |
| 29.08.2024 | Monthly Update – July 2024 | Monthly Update – July 2024
Thu, Aug 29, 2024 08:00 CET Report this content
29 August 2024
Ashoka WhiteOak Emerging Markets Trust plc
(the "Company")
Monthly Update – July 2024
The Company's quarterly factsheet as at 31 July 2024 i... |
| 01.08.2024 | The Moon and the Yen: A Tale of Luxury and Timepieces | In the world of luxury, two stories are unfolding. One revolves around the cosmos, while the other dances with currency. Both are captivating, yet they reveal the complexities of modern consumerism.
First, let’s gaze at the heavens. Omega a... |
| 01.08.2024 | The Exfoliation Dilemma: Choosing the Right Method for Your Skin | Exfoliation is a buzzword in skincare. It’s the process of sloughing off dead skin cells to reveal a fresh layer beneath. Think of it as spring cleaning for your face. But with two main types—physical and chemical—how do you choose the righ... |
| 01.08.2024 | Tourist splurge in Japan creates new headache for luxury brands | JapanTourist splurge in Japan creates new headache for luxury brands
By David DolanAugust 1, 20245:00 AM UTCUpdated ago
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| 26.07.2024 | Hermes sales defy luxury slowdown | Paris-based Hermes once again defied the luxury downturn to grow sales in the double-digits across all regions except Asia as Chinese shoppers rein in spending on silk scarves and US$10,000 (S$13,433) bags.
Second-quarter sales at the Birki... |
| 07.07.2024 | Hainan Free Trade Port deepens cooperation with Switzerland | HAIKOU, China, July 7, 2024 /PRNewswire/ -- A report from Hainan International Media Center (HIMC):
On July 4, the Hainan Free Trade Port Medical & Health Industry Exchange Meeting was held in Zurich, Switzerland.
From July 4-6, a deleg... |
| 05.07.2024 | Richemont taps Vacheron Constantin head to lead Cartier brand | Richemont has installed new chief executives at its jewellery brands Cartier and Van Cleef & Arpels, as the Swiss luxury group confronts succession planning and an industry-wide downturn.
Louis Ferla, current head of Richemont’s luxury ... |
| 04.07.2024 | Fashion designer Mary Katrantzou is Bvlgari’s first creative director for leather goods & accessories | When the announcement came in April that Mary Katrantzou would be joining Bvlgari as creative director of leather goods and accessories, it marked a newly created position for the designer — but it wasn’t the start of her relationship with ... |
| 02.07.2024 | Ardian signs exclusive agreement to acquire a stake in DIAM, to support a new phase of growth alongside management | Ardian, a world-leading private investment house, today announced that it has entered into exclusive negotiations to acquire a majority stake in DIAM, a world leader in the Visual Merchandising and Shopfitting markets for the beauty and lux... |
| 26.06.2024 | LVMH’s Bernard Arnault emerges as personal stakeholder in Richemont | Listen to this article
LVMH's Bernard Arnault emerges as personal stakeholder in Richemont
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Bernard Arnault, the billionaire founder of luxury goods group LVMH... |
| 26.06.2024 | Bloomberg: глава LVMH Бернар Арно купил долю в компании Richemont | - |
| 05.06.2024 | The jewellery boss tasked with making Cartier-owner Richemont shine | When Richemont chair Johann Rupert first approached Nicolas Bos about becoming chief executive of the Swiss luxury group he controls, he was rebuffed.
Bos, the chief executive and creative director of Van Cleef & Arpels, did not yet wan... |
| 04.06.2024 | Anine Bing appoints its first-ever global brand president and announces the opening of a Paris office | Image courtesy: Anine Bing
Anine Bing recently announced the appointment of Julie Bourgeois as the Los Angeles-based brand’s first global president, effective immediately.
In her new role, Bourgeois will report to Nico Bing, Anine Bing co-f... |
| 22.05.2024 | Швейцарская мирная преференция | - |
| 20.05.2024 | Swiss luxury group Richemont overhauls chief executive role as it navigates market downturn | Richemont has appointed a new group chief executive and overhauled the role as the Swiss luxury group navigates a market downturn.
The group, which is chaired by its controlling shareholder Johann Rupert, said Nicolas Bos, the head of its j... |
| 15.04.2024 | Швейцарии предложено разобраться в себе | - |
| 25.03.2024 | Sabato de Sarno, the designer who must turn around Gucci | A storm rolled over Milan as Sabato de Sarno’s big debut for Gucci took place, thwarting plans to use the city’s streets to present his new vision to the world. Last September’s event was the most hotly anticipated of the year after the des... |
| 19.03.2024 | OOH advertising continues on growth trajectory, up 2.1% in 2023 | Out of home (OOH) advertising revenue increased 2.1% in 2023 compared to the previous year, accounting for $8.7 billion in total spend, based on figures released by the Out of Home Advertising Association of America (OAAA), the leading trad... |
| 15.03.2024 | Redefining and Developing New Opportunities for Luxury Marketing: XIAOHONGSHU and VOGUE Business Host China Digital Excellence Summit in Paris | PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th. The event,... |
| 17.01.2023 | Жители Кореи больше всех в мире тратят на предметы роскоши | Люксовые бренды сообщают о больших объемах продаж в Корее. Во втором квартале 2022 года доходы производителя одежды и аксессуаров Moncler выросли более чем вдвое по сравнению с периодом до пандемии. Richemont Group, владелец бренда часов и ... |
| 27.07.2022 | Soweto man arrested for Johann Rupert R300m jewellery heist | Photo by Gallo Images/Sarie
The Hawks have made a breakthrough in theft of millions worth of jewellery from a warehouse owned by billionaire Johann Rupert, arresting a man in Soweto more three years after the crime was committed.
It took ju... |
| 06.06.2022 | Aura Blockchain Consortium joins Prince of Wales’ Sustainable Markets Initiative | Promoting the use of a single global blockchain solution for all luxury brands worldwide, Aura Blockchain Consortium has joined the Sustainable Markets Initiative Fashion Task Force (SMI) to speed up the transition towards a more sustainabl... |
| 19.01.2022 | RICHEMONT ANNOUNCES FURTHER SALES GROWTH ACCELERATION IN THE THIRD QUARTER ENDED 31 DECEMBER 2021 | Compagnie Financière Richemont SA / Key word(s): Quarter Results
RICHEMONT ANNOUNCES FURTHER SALES GROWTH ACCELERATION IN THE THIRD QUARTER ENDED 31 DECEMBER 2021
19-Jan-2022 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Ar... |
| 19.11.2021 | RICHEMONT'S 2021 INTERIM REPORT NOW AVAILABLE ONLINE | EQS Group-Ad-hoc: Compagnie Financière Richemont SA / Key word(s): Interim Report
RICHEMONT'S 2021 INTERIM REPORT NOW AVAILABLE ONLINE
19-Nov-2021 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solel... |
| 12.11.2021 | RICHEMONT ANNOUNCES STRONG PERFORMANCE FOR THE SIX-MONTH PERIOD ENDED 30 SEPTEMBER 2021 | EQS Group-Ad-hoc: Compagnie Financière Richemont SA / Key word(s): Half Year Results
RICHEMONT ANNOUNCES STRONG PERFORMANCE FOR THE SIX-MONTH PERIOD ENDED 30 SEPTEMBER 2021
12-Nov-2021 / 07:00 CET/CEST
Release of an ad hoc announcement purs... |
| 12.11.2021 | Corporate Document | Appendix
At Richemont,
We Craft the Future
FINANCIAL HIGHLIGHTS
Sales
€ million
Sept 21
Sept 20
FY21
FY20
Gross profit € million
Sept 21 63.3%
Sept 20 57.8%
FY21 59.8%
FY20 60.5%
Operating profit
€ million
Sept 21 21.9%
Sept 20 8.3%452
FY21... |
| 12.11.2021 | RICHEMONT ANNOUNCES STRONG PERFORMANCE -7- | This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance. Richemont's forward-l... |
| 12.11.2021 | RICHEMONT ANNOUNCES STRONG PERFORMANCE -6- | Condensed consolidated balance sheet
30 September 2021 31 March 2021 EURm EURm Assets Non-current assets Property, plant and equipment 2 620 2 583 Goodwill 3 521 3 456 Other intangible assets 2 431 2 436 Right of use assets 3 352 3 339 Inve... |
| 05.08.2021 | Changes to Board of Directors and new proposals for AGM | AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR
5 AUGUST 2021
CHANGES TO BOARD OF DIRECTORS
AND NEW PROPOSALS FOR THE AGM
Richemont (the "Company") announces it will publish an amended Notice of Meeting to reflect the new proposals for... |
| 29.07.2021 | Richemont's 2021 annual report now available online | AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR
29 JULY 2021
RICHEMONT'S 2021 ANNUAL REPORT NOW AVAILABLE ONLINE
Richemont announces the publication of its annual report and accounts for the year ended 31 March 2021. The report is available for ... |
| 14.07.2021 | Richemont publishes FY21 Sustainability report | COMPANY ANNOUNCEMENT
14 JULY 2021
RICHEMONT PUBLISHES FY21 SUSTAINABILITY REPORT
Richemont announces the publication of its sustainability report for the year ended 31 March 2021.
This year, the Group has reported strong progress across the... |
| 14.07.2021 | Compagnie Financiere Richemont : View graphics enlarged | Movement for Better Luxury
Embedding circularity
in our products and business models
Ensuring a high level of environmental stewardship across all activities
Minimising our greenhouse gas, water and waste footprint
Lifelong learning to
... |
| 24.05.2021 | COMPAGNIE FINANCIÈRE RICHEMONT SA
Compagnie Financiere Richemont : Corporate Document | COMPANY ANNOUNCEMENT
21 MAY 2021
RICHEMONT ANNOUNCES
STRONG FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 2021
Financial highlights
Due to closures of points of sales, logistics centres and manufacturing sites, as well as the halt in in... |
| 21.05.2021 | COMPAGNIE FINANCIÈRE RICHEMONT SA
Results for the year ended 31 March 2021 | COMPANY ANNOUNCEMENT
21 MAY 2021
RICHEMONT ANNOUNCES
STRONG FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 2021
Financial highlights
Due to closures of points of sales, logistics centres and manufacturing sites, as well as the halt in in... |
| 21.05.2021 | COMPAGNIE FINANCIÈRE RICHEMONT SA
Compagnie Financiere Richemont : Corporate Document | Appendix
FINANCIAL HIGHLIGHTS
Sales
Profit for the year
Dividends
€ million
FY21
FY20
FY19
FY18
Gross profit
€ million
FY2159.8%
FY2060.5%
FY1961.8%
FY1865.2%
CR HR
13 144 -5% -8%
14 238 0% +2%
13 989 +27% +27%
11 013 +8% +3%
∆% 7 861 -9% 8... |
| 07.04.2021 | COMPAGNIE FINANCIÈRE RICHEMONT SA
Compagnie Financiere Richemont : Watches and Wonders, MR PORTER and NET-A-PORTER further develop their strategic global partnership | This year, the partnership takes on a two-phase journey integrating physical and digital events and campaigns, giving customers 'first-to-market' access to a curated selection of launches.
MR PORTER is pleased to showcase one novelty from e... |
| 17.11.2020 | Alibaba and Richemont make $1.1 billion luxury investment in Farfetch | |
| 06.11.2020 | COMPAGNIE FINANCIÈRE RICHEMONT SA
Richemont announces interim results ended 30 September 2020 | COMPANY ANNOUNCEMENT
6 NOVEMBER 2020
RICHEMONT ANNOUNCES ITS UNAUDITED CONSOLIDATED RESULTS
FOR THE SIX MONTH PERIOD ENDED 30 SEPTEMBER 2020
Financial highlights
Sales for the half year decreased by 26% at actual exchange rates to € 5 478 m... |
| 30.09.2020 | Prestigious Watch Brands Gather In Hainan Where Duty-Free Summer Sales Have Topped A Billion Dollars | IWC Schaffhausen is one of a string of Richemont brands being showcased.IWC |
| 14.03.2013 | Johannesburg, Nairobi Bourses Close On A Low | Shares on the Johannesburg and Nairobi bourses fell for a variety of unconnected reasons on Wednesday.
Kenyan shares, according to Reuters, sagged as the market corrected from a two-session surge triggered by last week’s peaceful elections.... |
| 09.01.2013 | 10 African Companies Going Global In 2013 | Business is open in Africa. The former “hopeless” continent is thriving with trade and investment opportunities; Africa has seen increased Foreign Direct Investment (FDI) and its major companies are also divesting business operations overse... |
| 11.09.2012 | Richemont Stock Gains Despite Unrest In Sector | South African resource sector stocks are struggling amid revolting labourers and a dwindling in relied-upon Asian markets. While most companies are seeing a drop in share-prices, luxury goods producer Richemont is one of only three resource... |
| 27.07.2012 | The 10 Richest South Africans | South Africa has been criticised for being one of the most unequal countries in terms of income distribution, but a growing number of “new-rich” black South Africans are intruding on the established rich elite. Of South Africa’s richest 10 ... |
| 23.02.2009 | Portero summons $6.6M for second-hand luxury goods auctionhouse online | Portero, a web site that auctions off authenticated pre-owned luxury items, announced that it raised $6.6 million in a second round of venture funding from LFE Capital, Compagnie Financiere Richemont and The Grosvenor Funds. Offering more t... |
| 03.12.2007 | Interview with Nadine Weber, Group Benefits & Stock Option Manager, Richemont International S.A. | Following her excellent presentation at a recent Swiss Life Network Conference, Nadine Weber agreed to be interviewed by the Newsletter.
Please tell us something about yourself
Nadine Weber: I grew up near Trier, and have a MSc. in Mathemat... |
| - | Europe markets lower as mining stocks fall 3%; British Airways-owner IAG up 5% on profit beat | This is CNBC’s live blog covering European markets.
European markets were lower on Friday, as investors monitored corporate results and reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England.
The pan-E... |
| - | Hugo Boss shares plunge 9% as firm cuts 2024 guidance amid slumping China demand | Hugo Boss shares plunged as much as 10% Tuesday after the company cut its sales outlook.
The German fashion house said Monday that it expects full-year sales of up to 4.35 billion euros ($4.73 billion) on macroeconomic challenges, particula... |
| - | Aura Blockchain Consortium joins Prince of Wales’ Sustainable Markets Initiative | Promoting the use of a single global blockchain solution for all luxury brands worldwide, Aura Blockchain Consortium has joined the Sustainable Markets Initiative Fashion Task Force (SMI) to speed up the transition towards a more sustainabl... |
| - | Mytheresa frees Richemont from Yoox Net-a-Porter | The rumors had been circulating for a while, but now it’s official: Mytheresa wants to acquire industry peer Yoox Net-a-Porter from Richemont. This will create a “leading, global, multi-brand digital luxury group”, according to the involved... |
| - | South Koreans are the world’s biggest spenders on luxury goods | Total spending on personal luxury goods by South Koreans year-on-year grew around 24% to $16.8 billion, amounting to $325 per capita.
Morgan Stanley analysts explained the demand for luxury goods among South Korean buyers is driven both by ... |
| - | Europe stocks close lower as momentum wanes after China data; Argenx up 31% | This is CNBC’s live blog covering European markets. |
| - | Shares of Cartier owner Richemont climb on record full-year sales, new CEO | Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales.
The Cartier owner said group sales rose 3% to an all-time high of 20.6 billion euros in the year despite a weakening outlook for... |
| - | European markets close slightly lower after snapping nine-day winning streak | This was CNBC’s live blog covering European markets.
European markets slipped again on Friday after snapping a nine-day winning streak in the previous session, as earnings weighed on positive sentiment.
The pan-European Stoxx 600 closed 0.1... |
