Luxury giant Richemont revives CEO role, Q4 sales dip, but Alaïa booms

Richemont had a lot to share on Friday with the Swiss luxury giant both confirming the slowdown in the luxury sector (albeit with only a 1% sales dip in Q4) and announcing a new CEO for the group. See catwalkAlaia – Spring-Summer2024 – Womenswear – Paris – © ImaxTree So first, that CEO news. The … Read more

Richemont Q3 sales rise 4%; Alaïa, Delvaux, Dunhill and Peter Millar are strong

Chloé, Alaïa and Dunhill owner Richemont has reported its results for Q3 — the all-important ‘Golden Quarter’ — with sales up by 4% on a reported basis to €5.593 billion, or 8% at constant exchange rates (CER). See catwalkAlaia – Fall-Winter2023 – 2024 – Womenswear – Paris – © ImaxTree That was a slowdown at the … Read more