Sharp declines in the company’s watch division were slightly offset by single-digit gains elsewhere, but losses in China ...
Luxury group’s jewellery brands, its biggest division housing Cartier and Van Cleef & Arpels, show resilience.
Richemont shares dropped in price by 5% in this morning’s trading (8 November) after profits fell by 17% to €1.7 billion for the first six months of its 2025 financial year. Group chairman Johann ...
Interim results for the Switzerland-based group which is chaired by well known South African businessman Johann Rupert, ...
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"The global watch market is experiencing a slowdown, particularly in China, which is affecting all watchmaking brands ...
By John Revill and Mimosa Spencer ZURICH (Reuters) -Cartier jewellery owner Richemont reported a dip in quarterly sales on ...
Cartier owner Richemont said weaker consumer spending in China hurt sales, particularly at its watch brands, as a luxury downturn that is hurting most players in the industry rumbles on.
Cartier and Van Cleef & Arpels parent Richemont saw sales decline, with the specialist watchmaking category down 17 percent ...
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From telecommunications to diamonds, and retail empires to luxury goods, these billionaires, listed by Forbes, offer a snapshot of Africa’s economic diversity and potential. Exploring the ...