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Compagnie Financière Richemont SA news and archive

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Catherine Rénier to take over as CEO of Van Cleef & Arpels

Richemont has announced that Catherine Rénier, currently CEO of Jaeger-LeCoultre, will succeed Nicolas Bos as chief executive officer of Van Cleef & Arpels, effective September 1, 2024, and will report to him following his recent appointment as Richemont’s CEO. The company said in a release that Rénier, a French national, brings more than 20...

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ManagementFeatured

Richemont reports slow Q4 sales growth, appoints Nicolas Bos as CEO

For the full financial year, Richemont sales increased by 3 percent at actual exchange rates and 8 percent at constant exchange rates to 20.6 billion euros, driven by the jewellery maisons, while operating profit came in at 4.8 billion euros, a 13 percent improvement at constant exchange rates. Fourth quarter sales were down by 1 percent at...

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