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Richemont Shares Regain Ground After 10% Drop on Q1 Results - Vimarsana News

Richemont Shares Regain Ground After 10% Drop on Q1 Results

Richemont shares fell more than 10 percent on Monday after the company failed to hit sales projections in APAC and saw U.S. sales shrink in Q1.

Source: wwd.com
Kering's Major Management Reshuffle Promotes Francesca Bellettini – WWD - Vimarsana News

Kering's Major Management Reshuffle Promotes Francesca Bellettini – WWD

All of Kering brands' CEO will report to Francesca Bellettini as the group sees Marco Bizzarri leaving Gucci in September.

Source: wwd.com
Chinese boost luxury group Richemont too despite inflation as sales in Americas drop - Vimarsana News

Chinese boost luxury group Richemont too despite inflation as sales in Americas drop

Last week, Burberry had reported an 18pc rise in first-quarter comparable store sales

RICHEMONT : Bernstein sticks Neutral - Vimarsana News

RICHEMONT : Bernstein sticks Neutral

Bernstein analyst Luca Solca maintains his Neutral opinion on the stock. The target price is unchanged and still at CHF 152.

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Luxury group Richemont boosted by Asia recovery but Americas weigh, ET Retail - Vimarsana News

Luxury group Richemont boosted by Asia recovery but Americas weigh, ET Retail

Richemont posted a 19% rise in organic sales which exclude the impact of currency movements while analysts expected 20%, Bernstein analyst Luca Solca noted.