Mytheresa’s Yoox Net-a-Porter buy offers much needed ‘lifeline’
Mytheresa and Richemont have entered into binding agreements where Mytheresa acquires 100% of YNAP’s share capital, in exchange for Richemont…
Richemont
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Outlook 2015: Challenges and opportunities
One of the biggest challenges – and opportunities – facing the apparel industry in 2015 is how best to embrace…
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UK: Gavin Haig named CEO at British brand Belstaff
Luxury products group Labelux has named Gavin Haig as chief executive officer of its iconic British brand Belstaff. Haig joins…
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SWITZERLAND: Richemont to step up brand investment
Swiss-based luxury goods business Richemont is to step up investment in its brands, ruling out rumours that it is seeking…
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SWITZERLAND: Richemont silent on Chloe sale plan
Swiss luxury goods company Richemont has declined to comment on reports it is looking for potential buyers for its Chloe…
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ASIA: To continue to drive luxury growth
Asia, particularly China, will continue to drive growth in the luxury market despite a slight slowdown in recent years, according…
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SWITZERLAND: Richemont fashion boss Wikstrom resigns
Swiss luxury goods company Richemont has announced the resignation of Marty Wikstrom, the chief executive officer of its fashion and accessories…
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SWITZERLAND: Richemont books 30% FY profit growth
Swiss luxury goods company Richemont has reported a 30% increase in full-year profit, driven by favourable exchange rates and higher…
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SWITZERLAND: Richemont sees 30% FY profit growth
Switzerland-based luxury goods company Richemont is expected to record substantial profit growth for the year to 31 March, thanks to…
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FRANCE: Asia flat as Richemont Q3 sales rise 5%
Sales growth at luxury goods business Richemont slowed to 5% in the third quarter, with Asia Pacific revenues flat at…