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Richemont's 2025 Interim Report now available online
Globenewswire· 2025-11-21 06:00
Core Points - Richemont has published its interim report for the six-month period ending 30 September 2025, which is available for download on its website [1] - The report includes unaudited condensed interim consolidated financial statements and reflects information from a prior results announcement made on 14 November 2025 [1] - Richemont no longer prints its interim report in accordance with stock exchange regulations in Switzerland and South Africa [2] Company Overview - Richemont is focused on crafting the future with a unique portfolio of prestigious Maisons known for their craftsmanship and creativity [3] - The company's ambition is to nurture its Maisons and businesses for sustainable growth and prosperity over the long term [3] Business Segments - Richemont operates in three main business areas: - Jewellery Maisons, which include Buccellati, Cartier, Van Cleef & Arpels, and Vhernier [4] - Specialist Watchmakers, including A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis, and Vacheron Constantin [4] - Other, primarily Fashion & Accessories Maisons, such as Alaïa, Chloé, Delvaux, dunhill, G/FORE, Gianvito Rossi, Montblanc, Peter Millar, Purdey, Serapian, TimeVallée, and Watchfinder & Co [4]
X @Forbes
Forbes· 2025-11-21 05:40
Step Inside The House Of Dior In Beverly Hills https://t.co/BiLCG47Tr5 ...
X @Bloomberg
Bloomberg· 2025-11-21 01:10
From Chanel baseball shirts to the original Hermès Birkin, Japan’s secondhand market has become the ultimate destination for luxury hunters. https://t.co/5lS8IPWRly ...
Prosecutors seek six-month ad ban for Italy's Tod's over alleged labour abuse
Reuters· 2025-11-20 13:37
Core Viewpoint - Italian prosecutors are investigating luxury group Tod's and three of its executives for suspected labor abuses and are seeking a temporary ban on the company's advertising activities [1] Group 1 - The investigation focuses on labor practices within Tod's, indicating potential violations of labor laws [1] - Prosecutors are considering a temporary blanket ban on advertising for Tod's as part of the investigation process [1] - The inquiry involves three executives from Tod's, highlighting potential accountability at the leadership level [1]
X @Bloomberg
Bloomberg· 2025-11-20 11:08
The market for personal luxury goods should return to growth in 2026 after two years of flatlining, according to one of the world’s biggest consulting firms https://t.co/VSvlhidpHY ...
X @Bloomberg
Bloomberg· 2025-11-20 07:38
Swiss watch exports fell for a third month as Donald Trump’s trade tariffs continued to weigh on the industry https://t.co/oT9kNxQUFG ...
LVMH and 11 More Stocks to Ride Europe's Revival
Barrons· 2025-11-20 06:00
Group 1 - The continent is regaining attention from investors, indicating a positive shift in market sentiment towards the region [1] - Experts from an international roundtable identified key winners in the investment landscape, highlighting sectors and companies poised for growth [1] - The analysis suggests a renewed focus on opportunities within the continent, reflecting a broader trend of investment recovery [1]
Prada heir says may consider more acquisitions after Versace, does not rule out Armani interest
Reuters· 2025-11-19 15:18
Core Insights - Prada's scion Lorenzo Bertelli indicated that the Italian luxury group is open to further acquisitions following its recent purchase of Versace, suggesting a strategic expansion in the luxury market [1] - The company did not dismiss the possibility of acquiring Giorgio Armani, highlighting its interest in strengthening its portfolio of luxury brands [1] Company Strategy - The completion of the Versace acquisition marks a significant step for Prada, positioning it for potential future growth through additional acquisitions [1] - The interest in Giorgio Armani reflects Prada's ambition to enhance its market presence and diversify its brand offerings within the luxury sector [1]
Kering must downsize, reduce Gucci exposure and chase synergies, CEO de Meo says in memo
Reuters· 2025-11-18 21:12
Core Insights - Kering's growth strategy necessitates a reduction in dependence on the underperforming flagship brand Gucci [1] - The company plans to further scale back its store network to enhance operational efficiency [1] - Kering aims to pursue more synergies across its brands to drive overall performance [1]
X @Bloomberg
Bloomberg· 2025-11-18 21:10
Market Opportunity - Western luxury merchants have a window of opportunity in China [1] Source - The information comes from @AndreaFelsted and @julianaliu via @opinion [1]