This Week: Can Richemont Keep the Jewellery Boom Going? Richemont, the Swiss luxury goods group that boasts prestigious brands like Cartier and Van Cleef & Arpels, seems to have found the winning formula to navigate the turbulent waters of the luxury market. While many luxury companies have been hit hard by economic downturns and changing […]
Cartier Reports Some Customer Data Stolen in Cyberattack
Cartier Reports Some Customer Data Stolen in Cyberattack Luxury jewelry brand Cartier, owned by Richemont, recently made headlines after revealing that its website fell victim to a cyberattack. The renowned company disclosed that a certain amount of customer data had been compromised, sending shockwaves through its loyal clientele. While the extent of the breach is […]
Richemont Sales Jump on Strong Demand for Cartier
Richemont Sales Soar as Cartier Shines Bright In the realm of luxury goods, where every purchase is a statement of style and sophistication, one brand stands out for its timeless elegance and exquisite craftsmanship – Cartier. The renowned Swiss group, Richemont, has recently reported a remarkable surge in sales, driven primarily by the strong demand […]
Can Slouchy Work Bags and a Selfie Mirror Grow Delvaux?
Restoring Relevance: How Delvaux is Revamping Tradition with Innovation Delvaux, the prestigious Belgian brand with a rich 200-year history, has been making waves in the fashion industry after its acquisition by Richemont in 2021. In a bold move to stay current and appeal to modern consumers, Delvaux has introduced a unique installation featuring restored works […]
Richemont Elevates Jewellery Bosses in Fresh Executive Shakeup
Richemont Elevates Jewellery Bosses in Fresh Executive Shakeup Luxury conglomerate Richemont has recently made waves in the industry with its strategic executive promotions. Catherine Renier, the mastermind behind the success of the iconic Van Cleef & Arpels jewellery brand, has been catapulted to the company’s senior executive committee. Joining her is Louis Ferla, the esteemed […]
Richemont’s Market Cap Surpasses CHF100 Billion
Richemont’s Market Cap Surpasses CHF100 Billion Switzerland’s luxury powerhouse, Richemont, has been making waves in the financial world as its market capitalization recently exceeded a staggering CHF100 billion. This achievement comes on the back of a remarkable six-day streak of share price increases following the company’s outstanding sales performance during the holiday shopping season. The […]
Op-Ed | Not All of Luxury Can Glitter Like Cartier
Op-Ed | Not All of Luxury Can Glitter Like Cartier The luxury industry is renowned for its opulence, exclusivity, and allure. Brands like Cartier and Van Cleef & Arpels have long been synonymous with sophistication, elegance, and status. However, in the ever-changing landscape of luxury retail, not all that glitters is necessarily Cartier. Richemont, the […]
Richemont’s Sales Soar 10%
Richemont’s Sales Soar 10%: A Promising Sign for the Luxury Goods Market In the realm of luxury goods, few names hold as much weight as Richemont. The Swiss conglomerate, known for its prestigious brands such as Cartier, Montblanc, and Piaget, has long been a barometer for the health of the high-end market. So when news […]
Richemont’s Sales Soar in Early Sign of Luxury Recovery
Richemont’s Sales Soar in Early Sign of Luxury Recovery Swiss luxury goods group Richemont has recently delivered a promising update to the market, indicating a potential rebound in the high-end retail sector. The company reported a significant 10 percent surge in sales during the three months through December, citing a strong performance despite the challenging […]
Can Mytheresa Keep Its Place at the Top of Luxury E-Commerce in 2025?
In the competitive landscape of luxury e-commerce, Mytheresa stands as a notable player, continually navigating challenges while focusing on profitable growth. As 2025 approaches, the company has set its sights on maintaining and enhancing its leading position amid evolving market conditions and internal strategies. The luxury retail sector has faced significant disruptions in recent times. […]