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 ...

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 ...

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

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

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 ...

European shares advanced on Thursday, as heavyweight luxury stocks got a boost following Richemont's upbeat earnings update and semiconductor firms gained after Taiwan Semiconductor Manufacturing Co ...

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

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