Richemont Archives - Inside Retail Singapore
Richemont sales in Asia Pacific surged 20 per cent in the first half of this year.
Double-digit growth in Mainland China, Hong Kong, Korea and Macau have helped boost Richemont sales.
Asia Pacific has continued double-digit growth for Richemont for its third quarter to the end of December.
Shanghai Tang is to go global with stores in Paris and Milan as well as more cities in Mainland China.
Asia Pacific accounted for 39 per cent of group sales for Richemont’s half-year to September 30.
Cartier has teamed with Kering Eyewear for its latest eyewear collection.
Cartier owner Richemont North America has been fined US$334,800 for shipping jewellery to a Hong Kong company blocked by the US Treasury.
Shanghai Tang creative director Raffaele Borriello has died in Paris.
Cassia Investments has partnered with fashion entrepreneur Alessandro Bastagli to acquire Shanghai Tang from Richemont.
Luxury goods retailer Richemont takes 5 per cent Dufry stake in US$470 million move into duty-free sector.
One year after a pop-up in Paragon Singapore, Alfred Dunhill has opened its first-ever concept store.
Richemont Asia stores will be closed in the wake of falling sales all over the region, except in Mainland China.