Richemont stock soars as jewellery business shines Luxury goods group Richemont's shares soared as much as 21% in trading today after the owner of Cartier posted strong growth and earnings, helped by … Business • 11 Nov 22
Richemont's sales jump shows luxury revival Cartier owner Richemont said strong demand for its jewellery and watches in the Americas and Europe helped sales rise by nearly a third in the … Business • 19 Jan 22
Richemont in talks to sell stake in online business Richemont is in advanced talks with online retailer Farfetch about selling it a minority stake in loss-making Yoox Net-a-Porter (YNAP) in a move likely to … Business • 12 Nov 21
Richemont doubles dividend on jewellery performance Cartier maker Richemont is proposing to double its dividend after net profit rose by a third in its fiscal year 2020/21, helped by a strong … Business • 21 May 21
Cartier and Asia boost Richemont's quarterly sales Richemont, the maker of Cartier and Van Cleef & Arpels brands, has today posted a 5% increase in quarterly sales led by strong growth at … Business • 20 Jan 21
Richemont counting on online & China as H1 profits sink Richemont said today it saw a marked improvement in the second quarter thanks to online retail sales and China, after the Cartier jewellery maker's net … Business • 06 Nov 20
Richemont posts 67% drop in annual profit Richemont is seeing strong demand in China but globally expects "headwinds in the months ahead" due to the new coronavirus, the owner of Cartier jewellery … Business • 15 May 20
Richemont says French protests hit sales momentum Cartier owner Richemont said "yellow vest" protests in France weighed on its sales momentum in the last three months of 2018. Business • 11 Jan 19
Richemont highlights volatile consumer demand Luxury goods group Richemont said today that economic and geopolitical uncertainties were weighing on customer sentiment. Business • 09 Nov 18
Richemont posts solid Q3 sales growth thanks to Asia Cartier maker Richemont said today that solid sales growth in the quarter to December 31 was driven by the Asia Pacific region and buoyant jewellery … Business • 11 Jan 18
Richemont cautious after watches dent results Cartier owner Richemont expects trading to remain volatile after net profit slid more than the market expected and watch sales fell 15% in its latest … Business • 12 May 17
Richemont revamps management as challenges loom Luxury goods group Richemont's chief executive and chief financial officer will step down along with nearly a third of its board members next year as … Business • 04 Nov 16
Richemont hit by weak demand in Europe & Hong Kong Cartier owner Richemont said it did not expect the trading environment to improve soon after underlying sales growth slowed further in the final quarter of … Business • 20 May 16
