Page 5 - Van Cleef Arpels News Today

Richemont announces the appointment by its Board of Directors of Nicolas Bos, currently Managing Director of Van Cleef & Arpels, to the re-created position of CEO and as a member of the Groups...

Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.

Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.

Cartier: The company, which also owns high-end Swiss watch brands, such as Piaget and Jaeger-LeCoultre, said sales fell to 4.80 billion euros ($5.21 billion) in the three months to the end of March.

The appointment of Nicolas Bos comes at a time of slowing sales for Richemont and an overall slowdown in luxury sales.

Luxury group Cartier-owner Richemont announced a rejig of its top management on Friday, promoting the head of its Van Cleef & Arpels jewellery brand to group chief executive, saying it was returning...

Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.

MARKET WRAPS Stocks: European stocks traded lower on Friday, tracking declines in Asia and the U.S., as stocks reversed the rally that followed this weeks U.S. inflation data. A sea of... -May 17, 2024 at 05:55 am EDT - MarketScreener

By Andrea Figueras Cartier owner Richemont said Nicolas Bos will replace Jerome Lambert as its chief executive officer, tapping a company veteran who most recently led its French jewelry brand... -May 17, 2024 at 06:38 am EDT - MarketScreener

Luxury goods business Richemont re-established the role of chief executive officer on Friday as the Swiss group continues to navigate a market downturn.