ARTICLES RELATING TO RICHEMONT

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.

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.

 

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.

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