- Luxury Daily - https://www.luxurydaily.com -

Richemont shares rise after reportedly rejecting Kering offer

Richemont saw a 3.8 percent increase in shares on Monday morning. Image credit: Image credit: Cartier

 

Swiss luxury group Richemont saw a spike in shares on Monday after reports surfaced that the company had been approached by French conglomerate Kering with an acquisition offer.