Sasha Naryshkine: My top stock pick for 2015

2015-01-06 10:52

Sasha Naryshkine offers his perspective on the London Sunday Times selecting Old Mutual as one of the best stocks to buy in 2015.

Rupert returns as Richemont sales falter

2014-09-17 15:19

The billionaire founder of the luxury goods firm that owns Cartier and Montblanc has returned as chairperson after a year's sabbatical, at a much-needed time.

SA executives still raking it in

2013-07-16 17:21

There is rising pressure on executives to forgo a pay increase and redistribute the money to lower-paid employees to close the pay gap, states a report.

Richemont's Rupert to go on sabbatical

2013-05-17 09:48

Richemont's billionaire chairperson Johann Rupert will take a year-long sabbatical after the group's annual meeting in September, a report says.

Richemont ups full-year profit 30%

2013-04-23 09:29

Luxury goods group Richemont says its annual profit rose nearly a third from the previous year's €1.54bn, helped by favourable currency swings.

Richemont sales growth slows

2013-01-21 08:25

Luxury goods group Richemont has given a cautious outlook after slowing wholesale demand pushed its sales growth below forecasts in the last quarter.

Co-CEOs to replace Richemont's Rupert

2012-11-09 11:58

Richemont has named Cartier's Bernard Fornas and Richard Lepeu as joint CEOs to navigate the luxury goods group through a period of slowing sales growth.

Richemont drives JSE to new record

2012-11-01 17:00

The JSE's benchmark Top-40 index has hit a new record high, led by Swiss luxury goods group Richemont which surged after a ratings upgrade.

Richemont acquires VVSA

2012-10-02 16:48

Swiss based luxury goods group Richemont has acquired 100% of the capital of VVSA in a private transaction with the shareholder group.

Richemont shares drop nearly 5%

2012-09-11 12:30

Shares in luxury group Richemont dropped nearly 5% in what traders attributed to profit-taking following the release of a profit warning by Burberry in London.

Richemont forecasts rise in H1 profit

2012-08-06 09:04

Swiss-based luxury goods group Richemont says that strong trading indicates a likely increase in profit for first half year of between 20% and 40%.

Businessman donates salary to charity

2012-06-22 08:06

Despite earning a smaller salary this year, Richemont executive chairperson Johann Rupert as usual donated his £3.6m earnings to charity.

Ackerman, Rupert in top family business list

2012-03-07 07:37

Two leaders of South African family businesses have made an international list of the top 50 leading family-led companies, according to a report.

Asian luxury demand lifts Richemont sales

2012-01-16 09:27

Richemont third-quarter sales growth held up, easing fears of a slowdown and allowing the Swiss luxury goods group to confirm its profit goal for the year.

SA retailers lose allure after Walmart

2011-07-07 18:28

Local retailers and builders are less attractive to investors after Walmart's takeover of Massmart, say analysts.

Richemont profit up 63%

2011-05-19 08:49

Swiss based luxury goods group Richemont has reported a 63% rise in operating profit with record cash flow generated from operations.

Global fallout from Libya

2011-03-31 00:00

The damage caused by the natural disasters that hit Japan – the earthquake and then the tsunami – is estimated at US$250bn, the highest ever anywhere in the world.

JSE lower as resources weigh

2011-01-17 10:04

The JSE has opened on a weaker note, with softer commodity prices putting downward pressure on the market overall.

Strong rand: can you coin it?

2010-10-22 08:46

SA is among the walking wounded in the global currency war. But while a strong rand makes life difficult for local investors, it does offer opportunities.

Die drie gesigte van Johann Rupert

2010-07-01 00:00

IS daar ’n nuwe, avontuurlike gees te bespeur by die genoteerde entiteite wat die Rupert-familie beheer? Die Stellenbosse dinastie bestaan uit die internasionale luuksehandelsmerkgroep Richemont en die plaaslike en buitelandse beleggingsmaatskappye Remgro en Reinet Investments.


JSE flat as Richemont slumps

2014-09-17 18:08

South African stocks have traded sideways as a sharp drop by luxury goods retailer Richemont weighed on a lacklustre market.

Behind the JSE run

2013-09-27 08:11

SABMiller, Richemont and Naspers have contributed 25% to a string of record highs.

Why execs go on sabbatical

2013-05-17 14:22

A sabbatical is a disciplined phase of self-discovery, renewal and enrichment, says an expert on news that Richemont’s Johann Rupert is taking a year off.

Richemont in JV with China jewellery giant

2013-01-20 09:52

Swiss luxury goods group Richemont and the world's largest jewellery chain, Chinese Chow Tai Fook, have agreed to create a joint venture, a report says.

Luxury goods send JSE to 17-year high

2012-11-01 17:28

The JSE has closed at a 17-year high, led by Swiss luxury goods group Richemont, as the market found support from positive economic data from the US and China.

Richemont down as Swiss exports drop

2012-10-18 10:28

Shares of luxury goods retailer Richemont fell as Swiss watch exports dropped for the first time in two-and-a-half years in September, hit by slowing Chinese demand.

Richemont to acquire Peter Millar

2012-09-21 09:20

Luxury goods group Richemont and leading investor Winona Capital Management have agreed that Richemont will acquire US-based luxury apparel business Peter Millar.

Richemont up as Swatch keeps target

2012-07-18 10:54

Shares of luxury goods maker Richemont rose after Swiss watchmaker Swatch maintains 2012 sales target despite concerns about cooling Chinese demand.

Richemont appoints new Cartier head

2012-03-26 09:19

Swiss luxury goods group Richemont says it has appointed Stanislas de Quercize to take over as CEO of top-of-the-range jewellery and watch maker Cartier.

Richemont first-half sales jump 29%

2011-11-11 10:14

Swiss-based luxury goods group Richemont has reported a 29% increase in sales to €4.2bn, for the six months ended September 2011.

Swiss franc to hammer Richemont profits

2011-09-07 09:10

Swiss company Richemont beat expectations for five-month sales but says net profit is likely to be flat due to the strong Swiss franc.

JSE rebounds on Greek news

2011-06-24 10:16

The JSE has opened sharply firmer, as optimism over the resolution of the Greek debt crisis boosted sentiment.

Rande uit rampe

2011-03-31 00:00

Die skade wat die natuurrampe in Japan aangerig het, is na raming in die omgewing van $250 miljard, die duurste wat die wêreld nog getref het. Sulke rampe laat ’n merk op finansiële markte en skep gewoonlik ook ’n paar geleenthede vir die wakker handelaar.

JSE still flat, BHP Billiton drops

2011-02-16 13:23

The JSE remained little changed at noon as the weakness in resources, led by BHP Billiton, was offset by gold counters and dual-listed stocks.

Richemont sales jump 23%

2011-01-17 09:50

Richemont has reported double-digit sales growth in all business areas, with a strong recovery seen in Europe.

The three faces of Johann Rupert

2010-07-01 00:00

COULD there be a new spirit of adventure permeating through the listed entities controlled by the Rupert family? The Stellenbosch-based dynasty – headed by Johann Rupert – speaks for international luxury brand group Richemont as well as local and offshore investment companies Remgro and Reinet Investments. These companies, which collectively carry a value of more than R220bn on the JSE, have traditionally – particularly Remgro and Richemont – been considered staid and defensive.

The critical 'one'

2010-06-02 15:16

The return on Equity/Cost of Equity : This year’s table ranks 150 listed companies as creating shareholder value in 2009.

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