The Business Times

Richemont

Style & Travel
JEWELLERY

A colourful, whimsical journey: Treasure hunting the Van Cleef & Arpels way

Just one of several magnificent necklaces from Van Cleef & Arpels' Treasure Island high jewellery collection.
Style & Travel
JEWELLERY

Ahoy, me hearties! Aren’t these beauties 

Richemont’s Cartier & Van Cleef & Arpels enjoy solid appeal among wealthy shoppers. This hard luxury segment often performs better in times of uncertainty as jewellery pieces tend to be more timeless than handbags and other fashion items.
Consumer & Healthcare

Cartier appeal helps Richemont reach 100 billion Swiss francs market value

The luxury goods companies, including LVMH and Kering, are hoping US shoppers will come to the rescue after relying on brisk business from Chinese buyers for decades.
International

Luxury groups pin hopes on US as China weakness persists

Richemont, the Cartier owner, reported 2.2 billion euros (S$3.1 billion) in operating profit as sales at constant currencies were stable for the six months through September.
Consumer & Healthcare

Richemont profit slumps on weak China demand for luxury watches

The Cartier owner reported a sales gain of 1 per cent at constant currencies to 5.3 billion euros (S$7.8 billion).
Consumer & Healthcare

Richemont jewellery sales solid, offsetting drop in China demand

Louis Ferla, who is CEO of Swiss watchmaker Vacheron Constantin, will replace Cyrille Vigneron as chief executive officer from Sep 1.
Consumer & Healthcare

Richemont names new boss for Cartier jewellery

Bernard Arnault’s shareholding in Richemont may still trigger questions around his intentions for the investment.
Consumer & Healthcare

LVMH chief Arnault said to have bought stake in Cartier owner Richemont

YNAP’s exit comes as China’s middle class, an important source of revenue for global luxury brands, turns more cautious on spending.
Consumer & Healthcare

Richemont’s online luxury retailer YNAP to exit China

FILE PHOTO: The logo of the luxury goods company Richemont is pictured at its headquarters in Bellevue near Geneva, Switzerland, June 2, 2022. REUTERS/Denis Balibouse/File Photo
Companies & Markets

Luxury group Richemont reports slowdown in Q4 sales, appoints new CEO

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