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Swiss Timepieces Take the Spotlight in Cinematic Showcase As the lights dimmed and excitement filled the air, the Arthouse Le Paris cinema in Zurich played host to the premiere of F1 The Movie 2025. The event was not merely a celebration of film but a…
Richemont Group sales soared 24 per cent in December quarter, to €3.915 billion. It was largely down to the inclusion of online acquisitions Yoox-Net-A-Porter (YNAP) and Watchfinder, which were consolidated into the group’s accounts on May 1 and June 1,…
MR PORTER launched The Luxury Watch Guide, a new online destination for its ever-expanding selection of the world’s leading watch brands, including IWC Schaffhausen, Jaeger-LeCoultre, Breitling, TAG Heuer, Officine Panerai, Ressence and more. The Luxury Watch…
Feeling the pinch from a tough trading environment, luxury goods retailer Richemont has announced restructuring measures, including the closure of stores. Richemont Asia sales have declined despite a 26 per cent increase in sales in Mainland China. Global…
Luxury goods retailer Richemont has reported its first drop in Christmas retail sales in seven years, citing a downturn in Asia and fallout from the Paris terror attacks. And worse may be in store in the fourth quarter for the Geneva-based owner of luxury…
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