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The global fashion business journal

Oct 17, 20192:39am




Richemont started commercializing jewelry but has become one of the biggest luxury holdings on the world by revenue. Richemont was founded in 1988, when the Rupert family decided to split the international business of the Rembrandt group, the family business.

h By Mds
Sep 30, 2019 — 4:13pm
Richemont and Alibaba tie bonds: Net-a-Porter opens flagship in Tmall

The Swiss holding has announced today the launch of a new platform of Net-a-Porter inside the Luxury Pavilion, a destined luxury division inside Tmall.

h By Mds
Sep 27, 2019 — 4:00pm
Richemont buys Italian jeweler Buccellati

The Swiss luxury holding has acquired the historic Italian jewelry brand owned up until now by Gangtai Group.

h By Mds
Sep 10, 2019 — 4:26pm

Eric Vallart, who was until now head of fashion of the Swiss group, has left the company for personal reasons. He has not been replaced yet, said Richemont in a press release. 

h By MDS
May 17, 2019 — 12:00pm

The Swiss luxury cluster has explained that the obtained result on the exercise is because of Ynap’s share appreciation before takeover bid.

h By Modaes
Nov 9, 2018 — 4:40pm

The company gained 2.25 billion euros, contrasting with the 974 million euros from the same period last year. The corporation’s revenue was promoted a 21%, reaching the figure of 6.8 billion euros.

h By MDS
Oct 26, 2018 — 4:45pm

The Swiss luxury group has signed an agreement with the Chinese company founded by Jack Ma to introduce Yoox Net-a-Porter in the Asian country through the launch of two mobile apps and the opening of an online store in Tmall.

h By MDS
Jun 20, 2018 — 5:52pm

The Swiss luxury group has delisted today Yoox Net-a-Porter from Milan’s Stock Exchange, following the takeover bid launched last March to gain back control. Earlier this month, Richemont bought second-hand watch ecommerce platform Watchfinder.

h By MDS
Jun 4, 2018 — 5:00pm

The luxury group closed the deal with the Italian manufacturer of leather bags and accessories, which comes only a few days after the acquisition of second hand online retailer Watchfinder and taking over Yoox Net-a-Porter.

h By MDS
May 18, 2018 — 5:00pm

The Swiss luxury group, which is about to close Yoox Net-a-Porter’s acquisition, registered a turnover of 10.98 billion euros during last fiscal year (closed on March 31).