Compagnie Financière Richemont SA

Type: Company
Name: Compagnie Financière Richemont SA (Compagnie Financiere Richemont AG)
First reported 2 hours ago - Updated 42 mins ago - 1 reports

Swiss Stocks Erase Advance as Richemont, Julius Baer Retreat

Swiss stocks erased earlier gains as shares of Cie. Financiere Richemont SA and Julius Baer Group Ltd. (BAER) retreated.The benchmark Swiss Market Index fell 0.1 percent to 8,312.16 at 11:04 a.m. in Zurich, having previously climbed as much as 0.4 percent. ... [Published BusinessWeek - 2 hours ago]
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Strong Jewelry Sales Help Richemont to Soaring Sales, Profits

(IDEX Online News) – Richemont, the world's second-largest luxury goods group, posted a 14-percent jump in sales to $13 billion (€10.2 billion) for the fiscal year that ended on March 31 boosted by strong sales of jewelry and high-end watches. Sales rose ... [Published Idex Online - 1 hour ago]
First reported May 21 2013 - Updated 13 hours ago - 5 reports

Richemont Departure Signals Fashion Becoming Accessory: Retail

For luxury-goods maker Richemont (CFR), clothing and bags are going out of fashion.While Richemont last week reported a 30 percent gain in annual profit as shoppers spent more on its Cartier jewelry and IWC watches, leather goods and fashion brands such ... [Published BusinessWeek - 13 hours ago]
First reported 16 hours ago - Updated 16 hours ago - 1 reports

Tata Vista City Chase

KATHMANDU: Tata Motors has asked customers to come and test drive the advanced and dynamic all new Tata Vista D90 at the Vista D90 City Chase, the ultimate treasure hunt competition, which is sponsored by Sipradi Trading and will be organised by Kathmandu ... [Published Himalayan Times - 16 hours ago]
First reported 18 hours ago - Updated 18 hours ago - 1 reports

Richemont fashion chief quits

SWISS luxury goods giant Richemont says a top executive has resigned, amid expectations the group that owns Cartier, Piaget and Montblanc will sell off underperforming ... ... [Published Birmingham Star - 18 hours ago]
First reported 18 hours ago - Updated 18 hours ago - 1 reports

Cie Financiere Richemont SA’s Hold Rating Reaffirmed at Cantor Fitzgerald (CFR)

Cie Financiere Richemont SA (VTX: CFR) Cie Financiere Richemont SA (VTX: CFR) traded up 2.66% on Tuesday, hitting CHK 92.50. Cie Financiere Richemont SA has a 1-year low of CHK 48.13 and a 1-year high of CHK 90.10. The stock?s 50-day moving average is ... [Published American Banking News - 18 hours ago]
First reported 21 hours ago - Updated 21 hours ago - 1 reports

Richemont fashion chief quits

A TOP executive at luxury Swiss goods giant Richemont has resigned amid rumours underperforming brands are to be sold off. ... [Published Herald Sun - 21 hours ago]
First reported 21 hours ago - Updated 21 hours ago - 2 reports

Richemont brands sale mooted after resignation

Swiss luxury goods giant Richemont said on Tuesday that a top executive had resigned, amid expectations the group that owns Cartier, Piaget and Montblanc will sell off under-performing brands.Richemont plans higher dividend after profit rise (16 May ... [Published The Local Switzerland - 21 hours ago]
First reported 22 hours ago - Updated 22 hours ago - 1 reports

Richemont Founder Johann Rupert Announces Plans of a Year Long Sabbatical

Johann Rupert, the South African billionaire with multiple business interests is planning to take a 12 month sabbatical. He is the founder of Richemont, the Swiss based luxury goods giant which one of the largest conglomerate next only to LVMH. The 62 ... [Published Elite Choice - 22 hours ago]
First reported 22 hours ago - Updated 22 hours ago - 1 reports

Richemont – Against the Tide

Compagnie Financière Richemont (Richemont) is one of the world’s top luxury goods groups, with several prestigious brands in its stable and access to markets around the world. In addition to managing its existing portfolio of brands, Richemont also endeavours ... [Published Sharenet - 22 hours ago]
First reported May 21 2013 - Updated May 21 2013 - 3 reports

Richemont Group’s Head of fashion and accessories resigns

Richemont Group confirmed yesterday that Marty Wikstrom is resigning as chief executive of its fashion and accessories businesses, the group’s division with the slowest growth and average performance in the past 5 years. Richemont did not give any indication ... [Published Cpp-Luxury - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

Richemont fashion and accessories head steps down

Richemont said Marty Wikstrom is resigning as chief executive of its fashion and accessories businesses, the latest in a string of recent management changes at the world's second biggest luxury group. ... [Published XE - May 21 2013]

Quotes

...The rate of growth slowed following two years of "exceptionally high rates of growth. The lower rate was more pronounced in the second six months of the year under review. Nevertheless, sales growth in our Maisons’ own boutiques was higher than sales growth to wholesale partners, reflecting the expansion of the boutique network during the last two years."
...is happening on the growth side," Steven Saywell, a currency strategist at BNP Paribas SA in London, told Francine Lacqua on Bloomberg Television. "Are we getting sufficient growth in the economy and employment? We think we are not there yet, and Mr Bernanke is going to have to see more evidence."
Wikstrom was quick to point out the rubbish "may not just be in the fashion and accessories portfolio."
...Revenue grew almost six per cent to 9.279 billion pounds, Royal Mail said. "We are reporting a strong financial performance. Our strategy is delivering. The transformation of Royal Mail is well underway" chief executive Moya Greene said...

More Content

All (420) | News (399) | Reports (2) | Blogs (9) | Audio/Video (7) | Fact Sheets (2) | Press Releases (1)
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Weak rand pushes JSE higher [Published iafrica.com - 30 mins ago]
Strong Jewelry Sales Help Richemont to Soaring ... [Published Idex Online - 1 hour ago]
Swiss Stocks Erase Advance as Richemont, Julius... [Published BusinessWeek - 2 hours ago]
Rands ends low, JSE high [Published ENCA - 6 hours ago]
Armani sees no sign of China slowdown [Published City A.M. - 10 hours ago]
Richemont Departure Signals Fashion Becoming Ac... [Published BusinessWeek - 13 hours ago]
International financial news [Published NEWS.com.au - 13 hours ago]
Tata Vista City Chase [Published Himalayan Times - 16 hours ago]
Richemont fashion chief quits [Published Birmingham Star - 18 hours ago]
The Swiss Stock Market Climbed Tuesday, After R... [Published RTTNews.com - 18 hours ago]
Cie Financiere Richemont SA’s Hold Rating Reaff... [Published American Banking News - 18 hours ago]
Armani sees no slowdown, even in China [Published Sharenet - 18 hours ago]
TRANSOCEAN LTD: MARKET COMMENT : Zurich Stocks ... [Published 4 Traders - 19 hours ago]
Richemont fashion chief quits [Published Herald Sun - 21 hours ago]
Richemont brands sale mooted after resignation [Published The Local Switzerland - 21 hours ago]
Richemont fashion chief quits [Published NineMSN Finance - 21 hours ago]
Richemont Founder Johann Rupert Announces Plans... [Published Elite Choice - 22 hours ago]
Richemont – Against the Tide [Published Sharenet - 22 hours ago]
JSE in record territory at midday [Published BDlive - 23 hours ago]
Cie Financiere Richemont SA in Luxury Goods (Sp... [Published TransWorldNews - May 21 2013]
Global luxury goods market to cool in 2013, say... [Published Business Intelligence Middle East - May 21 2013]
REFILE-Richemont fashion and accessories head s... [Published Birmingham Star - May 21 2013]
Richemont Group’s Head of fashion and accessori... [Published Cpp-Luxury - May 21 2013]
UPDATE 1-Richemont fashion and accessories head... [Published XE - May 21 2013]
UPDATE 1-Richemont fashion and accessories head... [Published Reuters - May 21 2013]
EUROPEAN EQUITY OPENING HEADLINE INCLUDING : RB... [Published Proactiveinvestors United Kingdom RSS feed - May 21 2013]
Richemont's Head of Fashion and Accessories Res... [Published Rapaport News - May 21 2013]
Marty Wikstrom Exits Richemont [Published Women's Wear Daily - May 21 2013]
Richemont fashion and accessories head steps down [Published XE - May 21 2013]
Richemont fashion and accessories head steps down [Published Reuters - May 21 2013]
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Blogs

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Why CEOs are departing their posts in series of... [Published Financial Post | Business » Executive - May 16 2013]
LONDON — On approaching his 60th birthday this year, long-serving Tullow Oil boss Aidan Heavey told staff he felt “like two 30 year-olds.” A handful of recent shock departures by 50-something chief executives at European blue chip companies — none of ...
The (early) Lunch Wrap [Published FT Alphaville - May 16 2013]
Japan’s economy grew at the fastest pace in a year last quarter ||Lawyers for JPMorgan Chase have demanded that Bloomberg hand over data logs||Richemont chairman to take a break||IRS chief quits over Tea Party scandal||UK High Court rules Goldman Sachs ...
Net-a-Porter Looking to Expand Into Kids, Not S... [Published Mashable! - May 09 2013]
Luxury e-commerce destination Net-a-Porter launched out of the London flat of founder Natalie Massenet in 2000, a time when few thought $1,000+ dresses and shoes could be sold online in any significant volume. It was the tail-end of the dot-com ...
Bunker Time. [Published London Irvine Report - May 01 2013]
br />!--[if gte mso 9]>Normal 0 falsefalse false falseEN-GB X-NONE X-NONE<![endif]-->!--[if gte mso 10]> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; ...
Winters Likes Watches [Published Random Roger - Mar 25 2013]
Barron's interviewed David Winters who manages the Wintergreen Fund (WGRNX). Winters is generally well regarded as a stock picker and I would describe him as one to hold on to stocks as a long term investor. There was a lot of time in the interview ...
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Audio/Video

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Europe Day Ahead: Living a Life of Luxury [Published Reuters Video: Top News - May 15 2013]
Europe Day Ahead: Living a Life of Luxury [Published Reuters Video: Business - May 15 2013]
Americans Start to Buy Luxury Goods Again [Published WSJ.com Video - News - Feb 13 2013]
Trade of the Day - Richemont [Published ABN Digital - Video - Feb 12 2013]
Richemont - Hot or Not [Published ABN Digital - Video - Feb 12 2013]
1 2

Press Releases

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Beca Alexander, "The Fairy Blogmother": Enhance... [Published PR.com Press Releases - May 02 2013]
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