Grund will join the supervisory board of Mytheresa once its deal to buy Yoox Net-a-porter from Richemont is completed, which is expected later this year.

Mytheresa has announced the nomination of Burkhart Grund, chief financial officer of Richemont, as a new supervisory board ...

The mixed open for European stocks comes after global markets rallied on Wednesday after U.S. consumer price inflation came ...

Zurich - Swiss watch exports contracted by 2.8 percent in 2024 to 25.9 billion Swiss francs (23 billion pounds) due to a drop of more than 25 percent ...

Germany's Volkswagen on Tuesday reported a 2.3% fall in year-on-year sales, with China declining 10%. Shares of Cartier owner Richemont jumped on Thursday, pulling other luxury stocks higher ...

The tech index, which houses the bulk of European chipmaking companies, advanced 1.8% after Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, logged record quarterly ...

There was a rare positive economic surprise for the UK, the provisional January reading of PMI reports saw an increase in the ...

Rival LVMH jumped 7.8%, while a gauge of European luxury firms advanced 6.8%, set for its best day since 2022. The tech index, which houses the bulk of European chipmakers, advanced 1.4% after TSMC , ...

Trump's universal tariffs could have a significant impact on the Swiss watch industry, affecting pricing strategies, consumer ...

European stock markets continued their climb, with the DAX repeatedly reaching new highs this week. Performance was driven by ...

Analysts are cautious, having chopped their estimates for fourth-quarter earnings growth to 1.5% from the previous year - or ...