Compagnie Financière Richemont SA
Richemont’s H1 Profit Slides 51% as Sales Fall in All Regions
Richard Lepeu, Gary Saage set to retire, forcing restructuring of board of directors.
European Markets Edge Up
Retail and luxury stocks were mostly on the rise in midmorning trading on Friday.
What’s Next for Natalie Massenet?
With her non-compete now up, the Net-a-porter founder is said to be working on several new projects.
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Hermès, Richemont, Tod’s Shares Tumble
Richemont issues first-half profit warning as high-end watches fail to recover.
Luxury Stocks Skid as Europe’s Stock Markets Log Modest Gains
European stock markets edged up in mid-morning trading on Wednesday, with the FTSE 100 in London leading the…
Richemont Warns of Sharp Slide in Profits as Hard Luxury Stalls
Six-month operating profit is set to be down 45 percent.
Hard Times Persist for Hard Luxury
Barclays suggests luxury watches are falling out of favor and downgraded the sector.
European Stock Markets Log Modest Gains
Retail and luxury stocks also climbed, including Inditex and Koovs.com.
European Stock Markets Put on a Mixed Show
Retail and luxury stocks were uneven during morning trading on Wednesday.
European Stock Markets Perk Up
Retail and luxury stocks were mostly up during midmorning trading on Tuesday.
Swiss Watch Exports Sink 14.2% in July
Market conditions deteriorated further in France and Hong Kong.
British Appeals Court’s Counterfeit Ruling Forces ISPs to Act
The onus remains on Internet service providers to block rogue e-commerce sites.
European Stock Markets Edge Down in Midmorning
Retail, luxury stocks were uneven.
European Stock Markets Decline
Retail and luxury stocks also fell in midmorning trading on Tuesday.
Swatch Sees a Silver Lining for Sales, but Analysts Disagree
Company foresees a stronger second half and flat year-on-year results.