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richemont

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Kings of luxury: New research highlights Pandora’s dominance
Blog

Kings of luxury: New research highlights Pandora’s dominance

A new analysis of the market capitalisation of the world’s leading luxury goods companies shows that five of the top 25 are jewellery businesses. Interestingly, two companies are retailers…

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February 26, 2024
Currency headache: Swatch Group reports strong sales
Blog

Currency headache: Swatch Group reports strong sales

Swiss conglomerate Swatch Group has reported a significant increase in sales for the past financial year despite grappling with currency fluctuations. Swatch Group - which owns brands such as…

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January 28, 2024
Weathering the storm: Demand improves for Richemont in Asia, US
Blog

Weathering the storm: Demand improves for Richemont in Asia, US

Jewellery was the top-performing division of Swiss luxury goods company Richemont in the past quarter off the back of increasing demand in Asia and the US. Sales at Cartier,…

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January 18, 2024
Signs of recovery: Strong sales for Richemont
Blog

Signs of recovery: Strong sales for Richemont

Swiss luxury goods company Richemont has reported increasing sales in the opening half of the financial year as demand improved in multiple regions. Richemont was founded in 1988 and…

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November 13, 2023
Crisis in Ukraine: New powers for the Responsible Jewellery Council
Blog

Crisis in Ukraine: New powers for the Responsible Jewellery Council

The Responsible Jewellery Council now has the ability to vote on the expulsion of members that bring the organisation into disrepute. The RJC’s inability to remove Russian diamond miner…

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August 6, 2023
Jewellery brands lead the way for Kering
Blog

Jewellery brands lead the way for Kering

French luxury goods group Kering has reported positive revenue for the first half of 2023, despite a decline in sales in the US. Kering oversees brands such as Boucheron,…

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July 31, 2023
LVMH benefiting from the retail rebound in Asia
Blog

LVMH benefiting from the retail rebound in Asia

French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) has recorded strong second-quarter sales in Asia and Europe, outweighing struggles in the US market. LVMH oversees more than 75 brands…

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July 30, 2023
Richemont performs well in Asia, off-setting decline in US
Blog

Richemont performs well in Asia, off-setting decline in US

Swiss luxury goods company Richemont has enjoyed a strong rise in sales off the back of healthy demand in the Asia Pacific region. Sales at jewelry brands such as…

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July 19, 2023
Richemont reports impressive jewelry sales, dismisses takeover rumors
Blog

Richemont reports impressive jewelry sales, dismisses takeover rumors

The Richemont Group has published its latest full-year financial report, recording a 21 per cent increase in jewelery sales off the back of easing pandemic restrictions in Asia. Sales…

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May 15, 2023
Richemont tackles crime with launch of the Enquirus program
Blog

Richemont tackles crime with launch of the Enquirus program

The Richemont Group has unveiled a new digital platform where users can upload and share information about watches and jewelery in a bid to limit theft. Named 'Enquirus', the…

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April 5, 2023
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