Management
Growth across core geographies boosts Richemont's sales and profit
Compared to the prior year, sales at Richemont grew by 46 percent at actual exchange rates and by 44 percent at constant exchange rates to 19,181 million euros, as growth rebounded in all major markets and distribution channels. The company said strong sales growth rates experienced throughout the first three quarters of the fiscal year...
3 hours ago
Management
Jacquemus taps Paco Rabanne chief Bastien Daguzan as new CEO
French fashion house Jacquemus has tapped Bastien Daguzan as its new chief executive officer. Daguzan joins from Spanish luxury brand Paco Rabanne, where he has served as CEO since 2017, during which time he worked alongside artistic director Julien Dossena and was credited with driving the company’s direct-to-consumer transformation. Prior to...
3 hours ago