What makes Richemont a prize asset? The answer is in the figures. Based in Geneva, Richemont's turnover was 20.6 billion euros ($22.5 billion) during its 2023/2024 financial year to the end of March.

GENEVA • Richemont agreed to take full control of online luxury retailer Yoox Net-a-Porter SpA (YNAP) for about €2.7 billion (RM13.01 billion), reflecting ecommerce’s inroads into the world of ...

Raul Ariano / Bloomberg via Getty Images European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales. Richemont's results raised investor hopes that the ...