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Richemont

Richemont Archives

Richemont sales woes prompt radical response

As Richemont sales continue to fall, the luxury brand owner has axed its CEO role and continues to cull stores as Chines...

Hermes results show luxury rebound

Rebounding luxury goods sales in Mainland China and improvements in Hong Kong have boosted third-quarter Hermes results.

Richemont forced to buy back stock from Asia

Luxury goods firm Richemont expects first-half profits to nearly halve after sales slip.

Mandala Fine Arts

With expansion plans including Asia, fashion e-tailer Yoox Net-A-Porter (YNAP) aims to double sales by 2020.

Richemont Asia stores set for cull

Richemont Asia stores are set to be culled as the company reports sagging sales everywhere in the region except Mainland...

Richemont store closures loom

Richemont store closures loom as the luxury goods maker feels the pinch from a tough trading environment.

Hermes Singapore relaunches flagship

With Hong Kong’s status as a luxury shopping hub slipping away, French high-fashion brand Hermes Singapore has relaunche...

Hearts On Fire takes on international expertise

Diamond retailer Hearts On Fire has created a role for a luxury goods expert, who is charged with raising the brand’s pr...

Swiss luxury retailer Kirchhofer for sale

Swiss luxury watch and jewellery retailer Kirchhofer is up for sale, Reuters reports.

Profit drop warning by Hengdeli

Hong Kong-listed luxury watch retailer Hengdeli Holdings has warned its shareholders to expect a 70 per cent drop in pro...