Richemont
Retail
Retail markets in India: Opportunities in a dynamic world
IANS -
As the retail industry story unfolds in India, new strategies come to the fore. Recent news of Amazon acquiring a stake in Future Retail is an indication that the strategy will be differentiated given the nature of the market...
International News
Richemont to acquire Yoox Net-A-Porter
Swiss Compagnie Financiere Richemont SA is planning to acquire all of the Yoox Net-A-Porter Group SpA shares it doesn't already own for a maximum price of 2.69 billion euros.Commenting on the offer, Johann Rupert, Chairman of Richemont, said in...
Retail
Global retailers bounce back amid slowdown
At a time when retailers across the globe are shaken due to the slowdown in China, some are pulling up their socks and taking new and improved measures to combat the downturn. McDonald’s Corp for instance plans to open...
Retail
Brands tweak strategies for tough markets
The world’s biggest jewellery and watch brand in terms of combined sales, Cartier, generates more than two thirds of profits for Swiss parent Richemont, but watch revenues have dwindled relentlessly while jewellery sales have boomed. Like other high-end watchmakers...
Retail
Cartier to launch in India soon
Cartier, the French luxury watches and jewellery brand, has planned to launch in India by opening a boutique in Delhi."We are in the process of setting up our boutique in the Delhi as we have got the necessary approval...
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Latest News
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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