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CORDER’S COLUMN: Richemont’s rotten covid quarter

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Few businesses are going to look back on 2020 with any satisfaction, but Richemont has misused the covid crisis.

Richemont appoints African female empowerment leader to its board

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Wendy Luhabe, a social entrepreneur and economic activist from South Africa, could challenge the group's male, pale and stale image.

Richemont cuts dividend to preserve cash during Covid crisis

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Investors will instead be rewarded with warrants that can be converted into new shares in three years.

Richemont tightens grip on Watches & Wonders as FHH president resigns

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Fabienne Lupo, who has spent 15 years at the Fondation de la Haute Horlogerie and been the face of the rebranded Watches & Wonders Geneva, has been replaced with Richemont's Head of Specialist Watchmakers Emmanuel Perrin.

Richemont sales drop 47% in the three months to June, with...

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Sales by the group's watchmakers were down by 56% from €833 million to €359 million at actual exchange rates. Jewellery sales were down by 41%.

Richemont reveals virtual showroom concept

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Richemont-owned jewellery and watch brand Piaget has launched a digital showroom that you can walk around, browse and get advice.

Cartier chief executive rumoured to have been given top job at...

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Cyrille Vigneron expected to take charge with Jérôme Lambert moving to head up Online Distributors.

Richemont’s HR director ousted from the board

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Sophie Guieysse is stepping down immediately from her senior executive committee role and will not stand for re-election to the board.

Richemont’s HR director under fire as her CHF 3 million package...

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Coverage of the situation has focused on Sophie Guieysse's rocketing pay while overseeing significant cuts to staff and salaries across the group.

WATCHPRO ORIGINALS: Where now for Watches & Wonders Geneva?

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Fondation de la Haute Horlogerie will promote fine watchmaking across events and digital platforms, a so-called "phygical" outreach programme.
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