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richemont group

Every story tagged richemont group on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged richemont group

2 stories in this topic

Shanghai Tang store
Fashion
1 min read

Shanghai Tang sold to Chinese Lunar Capital fund

Chinese luxury fashion label Shanghai Tang has been acquired by Chinese investment fund Lunar Capital. The new owner specialises in growing mid-sized Chinese firms, already holding a range of clothing brands. Their acquisition signals a new direction for the…

jaeger lecoultre owned by richemont group flagship store 568x378
E-Tailing
1 min read

Richemont Group reports declining sales in Asia-Pacific

World’s second largest luxury conglomerate, Swiss based Richemont Group reports flat sales at constant exchange rates (sales increased at 4 percent at actual rates) in the quarter to 31 December 2014. Growth in Europe/Middle East and the Americas was offset…