Compagnie Financiere Richemont SA (CFRJ.J)
16 Jan 2018
GENEVA Inventory levels at multi-brand watch retailers are still too high, two top industry executives said on Tuesday, suggesting a robust recovery in luxury watch sales may be some way off.
GENEVA, Jan 16 Inventory levels at multi-brand watch retailers are still too high, two top industry executives said on Tuesday, suggesting a robust recovery in luxury watch sales may be some way off.
PARIS Watch inventory levels at Cartier are healthy and the brand no longer needs to carry out buybacks in order to balance out stock levels globally, Cyrille Vigneron, the head of the Richemont-owned label said on Monday.
PARIS, Jan 15 Watch inventory levels at Cartier are healthy and the brand no longer needs to carry out buybacks in order to balance out stock levels globally, Cyrille Vigneron, the head of the Richemont-owned label said on Monday.
GENEVA, Jan 15 Luxury goods group Richemont is committed to keeping its Lancel and Dunhill fashion brands, both of which have undergone intense restructuring, a source close to the company said on Monday.
* European shares slip after ECB minutes * Results disappointment hits Pandora, Tesco, M&S * CS upgrades 'relatively very cheap' UK stocks * Italian stocks set for 7 straight days of gains * FTSE hits new record despite M&S, Tesco shares slump Jan 11 Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts on market moves: he
* Driven by double digit growth in Asia, jewellery (Adds detail, background, analyst comment)
ZURICH, Jan 11 Cartier maker Richemont said on Thursday solid sales growth in the quarter to Dec. 31 was driven by the Asia Pacific region and buoyant jewellery demand, kicking off the luxury goods reporting season on a positive note.
LONDON (Reuters Breakingviews) - Activists could stir things up in the business of luxury. Family control allows high-end fashion brands to hoard cash and live with second-rate governance. But assertive investors are becoming more willing to take them on, while some companies, like Prada, are more vulnerable than they appear.
LUXEMBOURG, Dec 6 Coty and other luxury brand owners scored an important victory on Wednesday in their bid to prevent retailers selling their products on online platforms such as Amazon and eBay after Europe's top court said they have the right to do so to preserve their image.