Compagnie Financière Richemont announced strong sales and profitability growth for the year 2022, despite geopolitical problems in the last quarter of the year. Sales for the year to March 31 increased 44% at a fixed exchange rate to 19.18 billion Euros, while operating profits more than doubled to 3.39 billion Euros with a much higher […]
Tag: Richemont
Richemont: Sales increase in the first half
Richemont SA announced that its sales in the first half of the year continued to strengthen, as well as that it is in negotiations with Farfetch, regarding the sale of the e-commerce platform Yoox-Net-A-Porter. The Swiss luxury goods group announced sales of 8.91 billion euros for the six months to September 30, 65% higher on […]