At its Annual General Meeting held today in Geneva, Richemont announced that its overall sales for the five months ended August 31 increased by 29% at actual exchange rates. At constant exchange rates, sales increased by 35%. The Specialist Watchmakers saw an increase of 34% at constant exchange rates, and 28% at actual exchange rates. … [Read more...]
Johann Rupert is affiliated with the Richemont watch and luxury corporation, a leading company of its industry.
Richemont has announced that its sales for the five months ended August 31 2010 increased by 37 percent at actual exchange rates. At constant exchange rates and excluding the impact on sales of the acquisition of Net-a-Porter.com in April 2010, sales increased by 22 percent. The Group acknowledges that its results reflect, in part, low sales figures for 2009. … [Read more...]
Richemont has announced that effective April 1, 2010, Johann Rupert will assume the role of CEO, replacing Norbert Platt who will retire at the end of the year for health reasons. Mr. Platt will remain as a director of Compagnie Financière Richemont SA and will act as an advisor to the Group. … [Read more...]