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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. Mercedes-Benz, Alicia Keys celebrate female musicians in collaborative project
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  3. LVMH touts circularity innovations at ChangeNOW summit
  4. Valentino internalizes ecommerce platform in omnichannel push
  5. LVMH, Nordstrom, Valentino and Marni
  6. Register now for free event: Women in Luxury 2022 eConference
  7. Day’s wrap: LVMH, Nordstrom, Valentino and Marni
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  9. Marni collaborates with Uniqlo on colorful capsule collection
  10. Richemont warns of slow China rebound
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