Add this topic to your myFT Digest for news straight to your inbox
Private equity firms Bain Capital and Permira also interested in lossmaking ecommerce business owned by Richemont
Analysts expect the gap between strongest and weakest players to grow wider
Swiss company behind Cartier jewellery brand reports lower than expected sales and profits
The historic complication back in fashion. But what is a retrograde watch indicator?
Why the jeweller embarked on an epic European trip
Owner of Cartier falls 9% and drags down rivals following slower sales in sector’s biggest market
Jacqueline Karachi on being a steward of the brand’s design language
Swiss jewellery group rejected tie-up with Gucci owner Kering proposed by bankers two years ago
Stronger numbers from Europe and Japan not enough to offset hit to luxury goods groups
Jewellery specialist is right to be cautious but has an opportunity to boost its presence
Brands see booming demand for their heritage pieces, which they are buying back, restoring and offering for sale once more
Activist investor Bluebell had accused the chair of Richemont of wielding too much power and wanted change
Johann Rupert handed victory after shareholders reject bid to shake up luxury group’s board and strategy
Plus, Italian politicians delay an airline deal and Bertelsmann’s chief fights antitrust regulators
Shareholders of Swiss luxury group line up against hedge fund Bluebell’s challenge to chair Johann Rupert
Hedge fund attacks ‘shortfall in governance’ and says the group should focus on watches and jewellery brands to boost profits
Plus, Richemont’s break with ecommerce fails to placate activist investors
The theory that luxury goods lend themselves to online retailing remains unproven
Activists saw Yoox Net-a-Porter as an unprofitable distraction for Richemont
Luxury goods groups benefit from strong US dollar and recoveries in Europe
Swiss luxury group hit by delayed plan to sell stake in ecommerce business and slowing revenue growth in China
LVMH and Kering join Hermès, Chanel and Richemont amid consumer pressure over Ukraine war
Burberry, Richemont and Prada all report better trading than previously expected
Yoox Net-a-Porter has lost market share to rivals and become a sore point for investors
Founder’s control of group makes criticism from minority shareholders mere rhetoric
International Edition