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Nov. 23, 2024
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Commerce

Luxury slowdown reached Richemont last quarter

November 10, 2023

Many names throughout the luxury landscape are managing moderate sales. Image credit: Richemont Sales from the group's jewelry division remain strong, upholding the performance of Richemont's portfolio. Image credit: Cartier

 

By Luxury Daily News Service

Swiss luxury conglomerate Richemont is reporting a slump in the second quarter of its current fiscal year.

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  1. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
  2. Ferrari, Chivas Regal forge multiyear partnership
  3. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  4. The Ritz Carlton, Missoni launch beach club in Bali
  5. Bentley renovates countryside estate in Cheshire
  6. Dior goes for gold with flashy J'adore campaign
  7. How Raoul Shah, a peripatetic agency exec, collected 500-plus “Do Not Disturb” door signs and begat a tome
  8. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  9. ‘Copy Nothing’ campaign defines next era at Jaguar
  10. Ginori 1735, St. Regis Hotels partner to scale branded cafe concept
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