Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.
(RTTNews) - Shares of Richemont SA were gaining around 6 percent in the Swiss trading after the Cartier owner reported higher net profit and sales in its fiscal 2025 on strong Jewellery performance.
Richemont appointed new chief executives for its heavyweight brands Cartier and Van Cleef & Arpels, reshuffling its core jewelry division following recent management shifts at the helm of the Swiss ...
Cartier owner Richemont said Nicolas Bos will replace Jerome Lambert as its chief executive officer, tapping a company veteran who most recently led its French jewelry brand Van Cleef & Arpels as the ...
In a luxury sector that can be divided into ultra-lux, high-lux, and laggards, Richemont is somewhere between high-lux and the laggards. Following a decent FY24, Richemont continued to undergrow ...
Richemont saw growth in all regions and business areas, with the strongest performance in the retail channel and the Asia-Pacific region. Richemont is moving on with a bolt-on M&A strategy and revenue ...
After a tough earnings report, LVMH fell 3.7% and brought rivals like L'Oréal and Hermès down too. The Dior and Louis Vuitton parent company pointed to weak consumer demand in China. Wall Street ...