×
197
Fashion Jobs
3FATE TECHNOLOGIES PVT LTD
Production Manager-Garment Manufacturing- Saree, Salwar Suit & Lehenga
Permanent · Kanpur
PUMA
Manager- Ecommerce Operations
Permanent · Bengaluru
PUMA
Warehouse Manager-D2C
Permanent · Bengaluru
PUMA
Digital Marketing Manager
Permanent · Bengaluru
EXPLODE SERVICES
Quality Assurance Manager Home Furnishing Garments For Noida
Permanent · Noida
EXPLODE SERVICES
Manager ie Garment Exports
Permanent · Noida
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
By
AFP
Published
May 23, 2011
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Richemont plans new hirings to meet demand

By
AFP
Published
May 23, 2011

May 21 - Swiss luxury products group Richemont, which reported a 79 percent rise in profits this week, plans to hire 2,000 more people to meet soaring demand, an executive said in an interview published Saturday.

Richemont
Eva Green for Montblanc (Richemont group) 2011 ad campaign

Co-director Richard Lepeu told Swiss daily Le Temps he had 2.58 billion euros ($3.62 billion) to invest in production and distribution as delays in delivery of a multitude of products were building up.

"After recalculating, it seems we need between 850 and 900 more people this year" and a similar number in 2012, he said, "or about 1,900 over two years."

Richemont, which owns brands including Cartier, Jaeger-LeCoultre, Montblanc and Piaget, said Thursday that its full-year net profit soared 79 percent to 1.1 billion euros.

Overall sales were up 33 percent, with Asia-Pacific leading growth, the group said in a statement detailing earnings for the year ending March 31.

Revenues in Asia-Pacific were up 48 percent at 2.57 billion euros, fast catching up with Europe, the region which traditionally posts the biggest revenues in absolute numbers.

In Europe, sales reached 2.59 billion euros, up 23 percent from a year ago.

The group issued a positive outlook for the rest of 2011, saying that sales in April were 32 percent up from the same month last year.

"In an environment currently marked by geopolitical unrest and currency instability, we hope that this positive trend will be confirmed in the coming months," Richemont said.

Lepeu said the firm was "relatively confident" after the financial crisis but that it had left scars and he could not rule out further problems.

Concerning future acquisitions, Lepeu said Richemont was always ready to seize an opportunity, referring to its purchase of website net-a-porter.com last year.

Copyright © 2022 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.