Montblanc launched a smartwatch. Here’s why it matters

2017-03-23 17:00

Montblanc is the first brand in the Richemont family of luxury companies to put out a smartwatch.

Four Richemont brand CEOs said to depart as overhaul widens

2017-01-31 07:36

Richemont plans to expand its management overhaul by naming new chief executive officers of four luxury brands including Alfred Dunhill.

JSE's top 5 performers of 2016

2016-12-23 11:22

Fin24 compiled a list of the best performing companies on the JSE Top 40, based on net profit earnings.

Richemont offers to scale back plan to cut watchmaking jobs

2016-12-07 12:32

Richemont has offered to reduce a job-cut plan by about 20%, though worker representatives demanded more concessions from the Swiss luxury-goods maker as they protested near the headquarters.

Richemont announces changing of the guard amid profit plunge

2016-11-04 09:22

Richemont says chief executive officer Richard Lepeu and chief financial officer Gary Saage will retire next year, as it reported a steep decline in first-half profit.

Richemont to limit job cuts to 100

2016-04-22 12:37

Richemont will probably eliminate about 100 jobs, limiting the originally announced 350 job cuts as it approaches an agreement with trade union.

Richemont co-CEO Fornas to retire, Cartier CEO promoted

2016-03-18 09:03

Richemont says Bernard Fornas will retire from his post as co-CEO at the end of March and it’s adding Cartier CEOCyrille Vigneron to its executive committee.

An eye on the JSE's top five

2016-01-19 09:04

Experts share their views on the JSE's top stocks. Among these is AB InBev, which is now the top JSE-listed company.

Truworths boosts sales, while Richemont down marginally

2016-01-14 18:00

New global businesses helped Truworths record a 36% increase in sales, while Richemont saw a slight dip in sales as jewellery helped stem its weak watch sales.

SA firms hoard cash in indictment of economy

2015-09-17 14:18

Corporates are so negative about future growth prospects that they’re sitting with record amounts of cash in the bank, according to Stanlib Asset Management


Gupta PR firm's strategy to win back support for Zuptas

2017-03-19 13:10

New allegations have surfaced about how the Guptas' PR firm was called upon to help rescue the image of the family and President Jacob Zuma

Richemont reports Christmas boost on watch rebound

2017-01-12 10:13

Richemont has reported an unexpected gain in Christmas-season revenue, boosted by demand for luxury jewellery and a rebound in watch sales at its own stores.

Atul Gupta wealthier than Johann Rupert – report

2016-12-11 13:03

Atul Gupta is the seventh richest South African, ranking higher than Johann Rupert and Patrice Motsepe.

Johann Rupert's job cuts at Richemont shock Swiss watchmakers

2016-11-25 12:01

Richemont’s plan to slash 210 watchmaking jobs in Switzerland is sending shockwaves throughout Switzerland, the cradle of high-end watch manufacturing.

Richemont faces tough market after April sales plunge

2016-05-20 09:28

Richemont, the maker of Cartier jewellery, has forecast a difficult first half after sales plunged 18% in April and full-year earnings missed analysts’ estimates.

Richemont still living it up

2016-04-21 08:00

Despite uncertainty regarding the global economy, and consumers increasingly coming under pressure, Richemont can still count on the wealthy to enjoy its luxuries.

Keep calm - This is not 2008

2016-02-05 06:45

Volatility and weakness in the market have left long-term investors wondering what their next move should be. Some have suggested that things are at 2008 levels, but are they really?

The JSE's five biggest stars

2016-01-15 06:15

The JSE’s top five companies are active in a range of diverse sectors. What these giants have in common is that they offer South African investors offshore exposure.

Johann Rupert R23bn poorer so far this year

2015-12-30 17:12

SA billionaire businessman Johann Rupert has become about R23.22bn poorer so far this year compared to last year, according to a billionaires index.

Investors cheer Richemont sales jump

2015-09-16 12:07

Luxury goods group Richemont has announced that its sales for the five months ended August 31 have increased by 4% at constant exchange rates.

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