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Richemont

Outlook 2015: Challenges and opportunities

15 January 2015 | Leonie Barrie

One of the biggest challenges – and opportunities – facing the apparel industry in 2015 is how best to embrace the omni-channel retail model, improve the shopping experience, and respond with new supply chain solutions. The changing profile of consumers in Asia is also likely to impact consumption and production, while global compliance and factory safety will continue to be a focal point.... read more


UK: Gavin Haig named CEO at British brand Belstaff

7 May 2014 | Leonie Barrie

Luxury products group Labelux has named Gavin Haig as chief executive officer of its iconic British brand Belstaff.... read more


SWITZERLAND: Richemont to step up brand investment

12 November 2013 | Katie Smith

Swiss-based luxury goods business Richemont is to step up investment in its brands, ruling out rumours that it is seeking to sell some of them off in the near future.... read more


SWITZERLAND: Richemont silent on Chloe sale plan

18 October 2013 | Katie Smith

Swiss luxury goods company Richemont has declined to comment on reports it is looking for potential buyers for its Chloe fashion label.... read more


ASIA: To continue to drive luxury growth

15 August 2013 | Katie Smith

Asia, particularly China, will continue to drive growth in the luxury market despite a slight slowdown in recent years, according to new research. ... read more


SWITZERLAND: Richemont fashion boss Wikstrom resigns

21 May 2013 | Katie Smith

Swiss luxury goods company Richemont has announced the resignation of Marty Wikstrom, the chief executive officer of its fashion and accessories business.... read more


SWITZERLAND: Richemont books 30% FY profit growth

16 May 2013 | Katie Smith

Swiss luxury goods company Richemont has reported a 30% increase in full-year profit, driven by favourable exchange rates and higher sales.... read more


SWITZERLAND: Richemont sees 30% FY profit growth

23 April 2013 | Katie Smith

Switzerland-based luxury goods company Richemont is expected to record substantial profit growth for the year to 31 March, thanks to favourable exchange rates.... read more


FRANCE: Asia flat as Richemont Q3 sales rise 5%

22 January 2013 | Richard Woodard

Sales growth at luxury goods business Richemont slowed to 5% in the third quarter, with Asia Pacific revenues flat at constant currencies.... read more


UK: Thomas Pink names Merriman CFO

7 January 2013 | Katie Smith

UK shirt maker Thomas Pink has appointed Andrew Merriman as its new chief financial officer.... read more


SWITZERLAND: Richemont appoints joint CEOs

9 November 2012 | Richard Woodard

Two joint CEOs will take the place of current Richemont boss Johann Rupert when he steps down from the post next year, the luxury goods company has announced.... read more


SWITZERLAND: Asian tourists boost Richemont H1 profit

9 November 2012 | Richard Woodard

Luxury goods group Richemont posted major increases in first-half earnings and sales, buoyed by favourable exchange rates, successful launches and strong pricing.... read more


SWITZERLAND: Richemont to acquire Peter Millar luxury brand

21 September 2012 | Richard Woodard

US-based luxury apparel business Peter Millar has been sold to luxury goods group Richemont by private equity firm Winona Capital Management.... read more


just-style management briefing: Brazil and Mexico lead Latin America's luxury sales

1 August 2012 | Ivan Castano Freeman

After more than doubling its growth rates between 2008 and 2012, Brazil is the darling of Latin America's luxury apparel and goods market. Last year, the market for designer clothing and footwear grew 7.3% to $2.6bn, while sales of luxury accessories increased 4.5% to 1.2bn.... read more


Speaking with style: Raphael le Masne de Chermont, Shanghai Tang

9 December 2010 | just-style.com

Raphael le Masne de Chermont has been executive chairman of Hong Kong-based Shanghai Tang - China's leading luxury lifestyle brand - since 2001. Not only is he the driving force behind the brand's global expansion, but he is a veteran of both Asia and the luxury goods sector. Here, le Masne de Chermont speaks to Marie-Hélène Corbin about the potential and pitfalls of the luxury market in China.... read more


ASIA: Coach reshuffles Asian pack

14 October 2010 | just-style.com

Accessories company Coach has made a number of senior management changes in Asia as it seeks to drive expansion in the region.... read more


FRANCE: De La Bourdonnaye takes helm at Chloé

31 August 2010 | just-style.com

Richemont-owned fashion house Chloé has appointed former Liberty chief executive Geoffroy de La Bourdonnaye as its new CEO.... read more


August 2010 management briefing: Part II - The Chinese marketplace

27 August 2010 | just-style.com

If any country was likely to be vulnerable to a collapse in sales from a global recession it was export-oriented China. The fact remains, however, that China's textile and clothing industry is still in reasonable shape.... read more


SWITZERLAND: Richemont posts 44% drop in FY profit

28 May 2010 | just-style.com

Luxury goods group Richemont SA says it continues to face "plenty of challenges" after posting a 44% drop in full-year profit, despite signs of an uptick in demand in the last two months.... read more


UK: Merriman takes new COO post at Gieves & Hawkes

26 May 2010 | just-style.com

Andrew Merriman, credited with playing a key role in the turnaround of retailer Tie Rack, has joined Savile Row tailor Gieves & Hawkes in the new position of COO.... read more


In the money: Luxury sector taps into online potential

11 May 2010 | Richard Woodard

The nuts and bolts of Richemont's acquisition of fast-growing fashion retail website Net-a-Porter are easy enough to understand - but the rather more interesting subtext is the changing relationship between the luxury and online worlds. Richard Woodard reports.... read more


The week ahead on just-style...

10 May 2010 | Joe Ayling

Taking a look at the week ahead for the footwear and apparel industry, here is news editor Joe Ayling's snapshot of just-style's latest news and insights agenda. ... read more


SWITZERLAND: Richemont buys Net-a-Porter in GBP350m deal

6 April 2010 | just-style.com

Luxury goods group Richemont has agreed to buy online fashion portal Net-a-Porter in a deal which values the business at GBP350m (US$530m).... read more


UK: Police make massive fake fashion goods seizure

22 March 2010 | Simon Warburton

UK and US authorities have unveiled what is believed to be one of the biggest seizures of counterfeit apparel in British history.... read more


HONG KONG: Hembly renames as ‘New Environmental Energy’

8 January 2010 | just-style.com

Apparel sourcing giant Hembly International Holdings Limited is changing its name to New Environmental Energy Holdings Limited to reflect its diversification into waste treatment and renewable energy and services.... read more


US: Gap’s Piperlime expands into apparel

9 September 2009 | just-style.com

Piperlime.com, the online shoes and handbags site owned by US retail giant Gap Inc, has expanded its line-up with the addition of women’s apparel.... read more


SWITZERLAND: Richemont five-month sales fall 16%

9 September 2009 | just-style.com

Luxury goods group Richemont, which owns the Chloé fashion brand has posted a 16% drop in sales for the first five months of its financial year, but says the rate of decline is slowing.... read more


KOREA: Aeffe signs distribution deal for Alberta Ferretti

29 October 2008 | just-style.com

Italian fashion group Aeffe SpA is to take its Alberta Ferretti and Philosophy di Alberta Ferretti brands to Korea through a franchise agreement with SE International.... read more


SWITZERLAND: Richemont in luxury focus after BAT spin-off

22 October 2008 | just-style.com

Luxury goods group Richemont is to focus solely on its high-end consumer brands after the company completed the spin-off of its stake in British American Tobacco (BAT).... read more


SWITZERLAND: Richemont to spin off luxury goods unit

10 October 2008 | just-style.com

Shareholders in Compagnie Financière Richemont SA voted yesterday (9 October) to spin off its Richemont luxury goods business as part of a planned restructuring of the firm.... read more


SWITZERLAND: Double-digit sales hikes continue at Richemont

10 September 2008 | just-style.com

Luxury goods group Richemont SA has continued to post double-digit sales rises despite the economic slowdown – but the company is warning that the good times may not last.... read more


GERMANY: Dior’s Lahrs to take helm at Hugo Boss

16 May 2008 | just-style.com

Current Christian Dior Couture COO Claus-Dietrich Lahrs is to be the new CEO of Hugo Boss, replacing Bruno Saelzer, the company has confirmed.... read more


UK: Topshop destroys dresses after Chloé complaint

27 July 2007 | just-style.com

Arcadia Group’s Topshop chain has agreed to destroy almost 2,000 dresses and pay legal costs to Richemont Group, after it was accused of copying a dress manufactured under its Chloé label.... read more


FRANCE: Richemont reports 10% Q3 revenue rise

23 January 2007 | just-style.com

Luxury group Richemont said third-quarter revenue jumped 10%, reaffirming its expectation of better results for the current financial year.... read more


US: Richemont North America president, chief exec resigns

17 October 2006 | just-style.com

Luxury group Richemont has announced the retirement of Callum Barton, currently president and chief executive of Richemont North America.... read more


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