Friday, February 10, 2012

Richemont plans to net luxe e-tailer Net-A-Porter

April 2, 2010 by admin  
Filed under Branded Watches

Geneva– Swiss luxury goods conglomerate Richemont Group–owner of longtime high-end stalwarts such as Cartier, Piaget and Van Cleef and Arpels–has made an offer to acquire a relative newcomer to the land of luxe: United Kingdom-based online retailer Net-a-Porter.

Richemont Appoints Lepeu as Deputy Chief Executive (Update2) (Bloomberg)

March 28, 2010 by admin  
Filed under Branded Watches

March 26 (Bloomberg) — Cie. Financiere Richemont SA , the world’s largest jewelry maker, named Richard Lepeu deputy chief executive officer as the company seeks to strengthen its management after last year’s slump in demand for luxury goods.

Richemont Appoints Lepeu as Deputy Chief Executive (Update2)

March 28, 2010 by admin  
Filed under Branded Watches

March 26 (Bloomberg) — Cie. Financiere Richemont SA , the worlds largest jewelry maker, named Richard Lepeu deputy chief executive officer as the company seeks to strengthen its management after last years slump in demand for luxury goods.

Founder to bag £50m from sale of Net-a-Porter (Daily Telegraph)

March 14, 2010 by admin  
Filed under Branded Watches

Online fashion retailer Net-a-Porter is being acquired for up to £350m by Richemont, the Swiss luxury goods group.

(AFX UK Focus) 2010-02-28 20:39 Richemont shares could rally by 50 pct -Barron’s (Interactive Investor)

March 1, 2010 by admin  
Filed under Branded Watches

NEW YORK, Feb 28 (Reuters) – Shares of Compagnie Financiere Richemont could jump by 50 percent or more in the next year, helped by a rebound in the luxury goods market, according to the financial weekly Barron’s. Shares of Richemont, which makes Cartier jewelry, Jaeger-LeCoultre watches and Purdey shotguns, could rise to “north of 70 Swiss francs” in 12 months, Barron’s reported, quoting David …