Latest posts with tags "Richemont"

Wuhan Virus Hits Global Luxury Stocks

Jan 23, 2020 / Business of Luxury

Echoes of 2003’s SARs crisis and China’s mismanagement then are scaring investors away from luxury stocks as prices fell across the board on news that the Wuhan virus had spread to six other markets


E-Commerce is Not Magic Bullet (Yet)

May 22, 2019 / Business of Luxury

First quarter 2019 performance for Farfetch and Richemont Group show that with the immense capital investments required for e-Commerce, it is not exactly the magic bullet for retail woes. At least not in the short term.


Richemont sells Lancel, Buys Watchfinder

Jun 06, 2018 / Accessories

During negotiations finalising Richemont sale of French leather brand Lancel to Italian leather brand Piquadro, the Group completed purchase of Watchfinder. The conglomerate is now an eCommerce giant with Yoox-net-a-porter and used watch platforms.


Kern Quits Richemont. Joins Breitling.

Jul 15, 2017 / Business of Luxury

Georges Kern has resigned Richemont. We take a look at his accomplishments at IWC, his marketing savvy and what Kern can actually deliver for Breitling.


Shanghai Tang Sold Off. Whats next?

Jul 07, 2017 / Business of Luxury

Does Richemont’s divestiture of Shanghai Tang mean that Chinese Luxury Brands are doomed to fail? Hermes backed Shang Xia might prove otherwise


Top 10 Luxury Firms 2016 Revealed

Jun 08, 2016 / Billionaires

Deloitte’s annual Global Powers of Luxury Goods ranking sees LVMH, Richemont and Estée Lauder retain their places at the top of the list.


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