Luxury goods group Richemont said it was well positioned to cope with the economic downturn as the rich still spent lavishly, but a softening in the United States weighed on its stock. By 0826 GMT (9:26 a.m.
Richemont, the world's second-biggest luxury goods group, said Wednesday April 23th its sales had risen by 16 percent to 5.301 billion euros (8.471 billion dollars) in the financial year which ended March 31.
France's prestigious luxury fashion house Emanuel Ungaro is bringing in a 23-year-old Colombian-born Briton who works in the US to freshen up its women's collections, the company's chief executive said Friday, Novembe...
Richemont, the world's second-biggest luxury goods group, recorded Friday, november 16th a 28 percent increase in net profit for the first half of the financial year, up to 824 million euros (1.201 billion dollars).
Richemont, the world's second-biggest luxury goods group, said on Thursday September 13rd that its sales had risen by 11.0 percent in the first five months, from April to August, of its 2007-8 financial year.