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

SHARE WATCH: Spotlight firmly on China

2015-08-18 16:03

Kirk Swart of Overberg Asset Management has picked 5 shares to watch this week because of their high exposure to the Chinese market.

Richemont invites LVMH to join luxury retail website

2015-06-08 15:00

Richemont chairperson Johann Rupert has invited LVMH Moet Hennessy Louis Vuitton and Gucci owner Kering to join in an attempt to build a luxury retail website.

Richemont combats smartwatch craze with smart straps

2015-05-06 11:02

Swiss luxury goods maker Richemont is rolling out high-tech straps to counter the smartwatches designed by Apple and others.

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.


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.

SA’s most powerful businessman, Johann Rupert, on Apple, the Ashes and more

2015-06-25 14:43

In a rare television interview, SA’s most powerful businessman Johann Rupert sits down with Lionel Barber, editor of the Financial Times of London.

Rupert positive despite Richemont challenges

2015-05-22 11:39

Luxury goods group Richemont' s results show resilience despite some challenges and a volatile consumer environment, says its chair Johann Rupert.

Yoox agrees to buy Richemont's Net-a-Porter

2015-03-31 19:21

Italian online fashion retailer Yoox has agreed to buy Net-a-Porter, its upmarket rival, in an all-share deal that creates an industry leader in the booming online luxury market.

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 reshuffles management

2013-05-08 07:59

Luxury goods group Richemont has revealed changes to its group management committee.

Richemont shares fall over 6%

2013-01-21 11:12

Shares of Richemont fell more than 6% after the luxury goods retailer reported disappointing third-quarter sales figures.

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.

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