
Richemont surged on the Swiss stock exchange on Monday on press reports that the US activist hedge fund Third Point has bought a stake in the luxury goods group.
57 published items with the word (s) or phrase Johann Rupert in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Richemont surged on the Swiss stock exchange on Monday on press reports that the US activist hedge fund Third Point has bought a stake in the luxury goods group.
Luxury giant Richemont may be mulling the idea of spinning off YNAP despite investing millions into the fashionable e-commerce site, according to reports.
The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to the end of March, beating forecasts by a wide margin.
The designer passed away in Paris at the age of 59. He had recently launched his own label, AZ Factory, in collaboration with Swiss-based luxury group Richemont, and previously led design at Lanvin from 2001 to 2015.
One brand that appeared to be gathering momentum is the house of Alaïa, which profited from haute couture week in Paris to present its latest ideas, many mined very literally from the house's unique archives.
Alber Elbaz debuted his brand new AZ Factory Tuesday evening in this week’s Paris haute couture season, marking a dynamic change in direction by one of fashion’s most influential designers.
Yoox Net-A-Porter has named a new CEO with Geoffroy Lefebvre, currently Group Digital Distribution Director at parent company Richemont, taking the helm on January 4.
The big news around Richemont this week may have been its major investment in Farfetch, but on Friday it also made headlines with its own half-year results.
Luxury goods group Richemont still has to be cautious and keep its cash in light of the ongoing COVID-19 pandemic, its chairman said during a webcast on Wednesday.
The big story for many luxury companies of late has been the slowdown in Hong Kong and on Friday luxury giant Richemont gave further evidence of how Hong Kong’s issues are making themselves felt.