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Jewelry

Richemont abolishes CEO role amid declining profits

November 4, 2016

Image courtesy of Cartier Image courtesy of Richemont's Cartier

 

By Staff reports

Luxury conglomerate Richemont’s profits decreased by 51 percent to 540 million euros, or $599 million at current exchange rate, for the six-month period ending Sept. 30.

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  1. Luxury hotels offer tiny wedding options during pandemic times
  2. Balenciaga, Bulgari, Turnbull & Asser, employee productivity, holiday shopping and Future of Luxury eConference
  3. Are Chinese consumers over celebrity livestreaming?
  4. Armani right-sizes for new era
  5. Retailers should focus on fulfillment, personalization this holiday season
  6. Leaders of luxury brands and retailers to discuss next steps at Future of Luxury eConference
  7. Why China will become the driving force of luxury
  8. Turnbull & Asser appeals to office-goers with made to measure promotion
  9. Black Friday will not be the same this year, calling for early marketing
  10. Employee productivity improved during remote work: BCG
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