Cie Financiere Richemont SA

Compagnie Financière Richemont SA engages in the design, manufacture, and distribution of luxury goods. It operates through the following segments: Jewellery Maisons, Specialist Watchmakers, and Other. The Jewellery Maisons segment designs, manufactures, and distributes jewellery products comprised of Buccellati, Cartier, and Van Cleef and Arpels. The Specialist Watchmakers segment offers precision timepieces, which comprises Piaget, A. Lange and Sohne, Jaeger-LeCoultre, Vacheron Constantin, Officine Panerai, IWC Schaffhausen, Baume & Mercier, and Roger Dubuis. The Other segment includes Montblanc, Alfred Dunhill, Chloé, Peter Millar, Azzedine Alaia, investment property companies, and other manufacturing entities. The company was founded by Johann Peter Rupert in September 1988 and is headquartered in Bellevue, Switzerland.

Luxury goods group Richemont has sold its entire 20% stake in Swiss watchmaker Greubel Forsey, documents showed on Thursday.

Richemont sells its 20% stake in Swiss watchmaker Greubel Forsey

Hermes International

Birkin bag maker Hermes and Cartier owner Richemont said on Friday they are temporarily closing Russian stores and pausing all commercial activities in the country, the first major global luxury firms to announce such a move.

Hermes, Richemont temporarily close Russian luxury goods stores

LVMH Moet Hennessy Louis Vuitton

Cartier filed a suit against Tiffany & Co. on Monday over claims that its rival stole trade secrets about a high-end product line by hiring one of its former employees.

Cartier sues Tiffany for allegedly stealing ‘High Jewelry' trade secrets

Cartier sued Tiffany & Co on Monday, accusing its luxury rival of stealing trade secrets concerning its high-end jewelry from an employee it lured away in December.

Cartier lawsuit accuses Tiffany of stealing luxury jewelry trade secrets

Fossil Group

Movado Group

Signet Jewelers

Tapestry

As lovebirds around the world celebrate Valentine's Day, investors may want to consider companies that profit from Cupid's bow and arrows.

5 Luxury Stocks Gurus Are Falling in Love With

Here is how Compagnie Financiere Richemont AG (CFRUY) and Capri Holdings (CPRI) have performed compared to their sector so far this year.

Is Compagnie Financiere Richemont AG (CFRUY) Outperforming Other Retail-Wholesale Stocks This Year?

Compagnie Financiere Richemont AG (CFRUY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Compagnie Financiere Richemont AG (CFRUY) Upgraded to Buy: What Does It Mean for the Stock?

Luxury giant Richemont is in talks to sell a stake in UK online platform Yoox Net-a-Porter (YNAP) to US rival Farfetch Limited (NYSE:FTCH). The Cartier and Chloé owner has invited other investors to participate in a potential sale, as the final goal is to make YNAP “a neutral platform, with no controlling shareholders”.

Richemont in talks to sell Yoox Net-a-Porter stake to rival Farfetch

All You Need to Know About Compagnie Financiere Richemont AG (CFRUY) Rating Upgrade to Buy

Richemont reported an abysmal first half of 2021, but posted an impressive rebound in the second semester.

Richemont's Shares Are Trading As If COVID Never Happened

A surge in sales in the first three months of 2021 helped the luxury group behind brands like Cartier contain full-year losses.

Richemont Shares Climb After ‘Golden' Earnings. The Luxury Stock May Shine Brighter.

Does Compagnie Financiere Richemont AG (CFRUY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Compagnie Financiere Richemont AG (CFRUY) Is Up 3.37% in One Week: What You Should Know

Owners of Swiss luxury group Richemont have approved plans to issue warrants as part of a shareholder loyalty scheme, the company said on Wednesday, setting out terms for the issue that follows a COVID-19 related cut to the dividend.

Richemont shareholders back share warrant plan

Ignore The Recent Results From Richemont

The Coronavirus Crisis Hits The Luxury Sector But For Richemont It Could Also Create Opportunity

Cie Financiere Richemont: Long-Term Prospects Remain Intact

Burberry Group PLC

Estee Lauder

L'Oreal SA

Pandora A/S

Kering SA

Ralph Lauren

The luxury goods industry normally relishes the spotlight, but in the case of China’s coronavirus it is ruing being one of the most globally exposed sectors to an epidemic that risks all-but wiping out its sales growth this year.

Sparkle fades as coronavirus risks wiping out luxury goods growth

Brooklyn, NY, Feb.  05, 2020  (GLOBE NEWSWIRE) --  - Cemtrex (Nasdaq: CETX) today announced it has developed for its customer, luxury retailer Cartier, a fully immersive virtual reality (VR) training application. The application is designed to train new and existing retail employees on how to manage complex and potentially unsafe situations in Cartier’s retail locations.

Cemtrex Develops VR Training Application for Cartier

Another luxury jewelry brand is coming to East 57th Street’s fast-reviving shopping zone — but the exact name’s a mystery. Richemont, the Switzerland-based parent of jewelry and fashion brands including Cartier, Piaget, Buccellati, Van Cleef & Arpels and Dunhill, has signed a major new lease for a showplace store at 30 E.

Cartier’s owner Richemont signs lease on East 57th Street

European luxury stocks slumped across the board on Tuesday on fears that the coronavirus virus outbreak in China could hurt sales of high-end brands that had managed to weather months of protests in Hong Kong.

China virus scare sends shudder through European luxury goods sector

Compagnie Financiere Richemont SA (CFRUY) CEO Jérôme Lambert on Q2 2020 Results - Earnings Call Transcript

Richemont  said on Friday that it was teaming up with former Lanvin designer Alber Elbaz for a new venture at a time when luxury goods groups are vying to make star hires.

Richemont teams up with designer Alber Elbaz for fashion venture

The United States Trade Representative announced on Wednesday a list of $7.5 billion in tariffs on European products that take effect Oct. 18.

Analyst: US Tariffs On European Goods Will Impact Luxury Market

Not long ago, people in China would need to visit a posh, stylish mall for luxury shopping. That’s rapidly changing as high-end brands race to embrace digital channels, which aren’t just the obvious options of ecommerce platforms or brand-owned sites.

Cartier, Bulgari and other luxury brands are flocking to WeChat

Richemont is currently trading at a free cash flow yield of 4% since its recent share price increase.

News for Cie Financiere Richemont SA Stock (CFRUY)