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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 shoppers looking to feel valued, find value this holiday season
  2. Lexus catches a wave with luxury yacht debut
  3. “Faux omnichannel” shopping still persistent among retailers: BRP
  4. Register now: LuxeCX: Customer Experience in Luxury conference New York Sept. 25
  5. Aston Martin explores artistic side of manufacturing in new collaboration
  6. Day’s wrap: Aston Martin, Chanel, Trussardi and Corcoran
  7. Bleu de Chanel dives deep with new campaign
  8. Rimowa stages first historical retrospective at Sotheby’s
  9. Apple, Piaget, Ritz-Carlton, Christie's, Forrester & IBM to speak at LuxeCX Sept. 25
  10. Fortnum & Mason brings sweet treats to shoppers
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