Tag: Richemont
Richemont acquires renowned Italian jewellery house
Richemont has acquired 100% of Buccellati Holding Italia S.p.A., the owner of renowned Italian jewellery house, Buccellati.
The acquisition happened in a private transaction with...
Cartier and Van Cleef & Arpels drive sales growth for Richemont
Annual results identify the group's jewellery maisons as the strongest performers for the year ending March 2019.
Richemont reports 24% revenue increase for Q3 2018
High jewellery from brands such as Cartier and Van Cleef & Arpels continue to drive business for the luxury group.
Richemont UK reports rise in full-year sales and profits
Sales at Richemont UK and its subsidiary brands including Cartier rose by 12% in its latest financial year to £306 million.
Cartier’s UK sales rose...
Richemont completes acquisition of Yoox Net-A-Porter
Shares in Yoox Net-A-Porter have been de-listed from the Milan Stock Exchange, marking the final stage of Richemont’s acquisition of the company.
The deal gives...
Net-A-Porter invests in luxury jewellery with dedicated online platform
Luxury fashion retail group YOOX Net-A-Porter (YNAP) has launched its first dedicated online destination for fine jewellery and luxury watches to serve a fast-growing...
Jewellery brands boost business for Richemont in Q3
Luxury goods group Richemont has revealed better than expected sales growth for the third quarter as demand for jewellery and watches in Asia offset a challenging...
Richemont profit rockets as jewellery sales lift
Worldwide operating profits at Richemont have surged by 46% to €1.2 billion (£1bn) in the six months ended September 30.
Unaudited accounts show sales increased...
Senior Richemont employee jumps across to Kiki McDonough as managing director
A luxury London jeweller has welcomed a new managing director to oversee its plans for international wholesale expansion.
Céline Larose, who worked at Richemont for...
Richemont reports a tough third quarter
Swiss luxury goods group Richemont is steeling itself for a tough few months following a disappointing third quarter.
Third quarter sales for the three months...