Richemont news and archive

In 'an uncertain world', luxury groups wary of 2026

Paris (France) - Following a "turbulent" 2025 and in "an uncertain world", caution is the watchword for 2026 in the luxury sector, where major French groups have published mixed results. "The past year was 'turbulent economically and geopolitically (...) and 2026 will not be very simple either, but one thing at a time'," stated Bernard Arnault,...

FashionPress Release

Chloé unveils the Summer 2026 campaign

Set against the raw beauty of a coastal landscape, Chloé unveils its Summer 2026 campaign, an expression of complicity, sensuality, and shared freedom. Through a succession of moments captured from the first glow of sunrise where the air feels still untouched and fresh to the softened warmth of sunset, the images trace a luminous journey through...

FashionPress Release

George Russell and IWC Schaffhausen Team Up to Design Two Limited Editions in the Driver’s Signature Blue

Schaffhausen, February 5th, 2026: IWC Schaffhausen has collaborated with Mercedes-AMG PETRONAS Formula One™ Team driver, George Russell, on the design of two limited edition Pilot’s Watches. Comprising a chronograph and an automatic model, these editions are both crafted in black zirconium oxide ceramic. They feature black dials with printing...

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Business|Opinion

What’s next for Alaïa?

When Pieter Mulier presents his final collection for Alaïa this March, it will close one of the quietest yet most effective creative tenures in recent Paris fashion. Quiet not because it lacked impact, quite the opposite, but because it resisted spectacle in favour of consistency, restraint and a deep respect for the house’s codes. After...

FashionPress Release

Chloé unveils the Fall 2026 collection

A study of personal rituals, individuality, and the art of self-expression. For Fall 2026, Chloé explores the deeply personal art of getting dressed – a daily ritual that transforms clothing into an intimate extension of individuality. Building on the Maison’s evolving codes, and signatures, the collection celebrates simple, instinctive gestures...

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Business

Damiani Group signs agreement to acquire Baume & Mercier from Richemont

Swiss luxury conglomerate Richemont and Italian jewellery firm Damiani Group have signed an agreement for the latter to acquire full ownership of specialist watchmaker Baume & Mercier. The private transaction marks a significant shift for the historic watch brand as it joins one of Italy’s last independent family-run luxury groups. With a legacy...

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Business

Richemont maintains strong momentum with 11 percent sales growth in third quarter

Swiss luxury group Richemont has reported a robust performance for its third quarter ended December 31, 2025, with sales reaching 6.40 billion euros (7.45 billion dollars). At constant exchange rates, revenue increased by 11 percent against demanding double-digit comparatives from the previous year, while growth at actual exchange rates stood at...

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Business

Luxury sector faces dilemma of 'exceptional Maisons' versus groups seeking recovery

The luxury sector is entering a new era of polarisation, according to several recently published articles and market studies. This dynamic now pits two types of players against each other: 'exceptional Maisons', capable of preserving rarity and vertical integration, and multi-brand groups that must redefine their strategy to regain their...

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Business

Richemont H1 financial results show resilient growth

For the six-month period ended 30 September 2025, Richemont delivered resilient growth despite persistent macroeconomic and geopolitical headwinds. Group sales reached 10.6 billion euros (12.3 billion dollars), up 10 percent at constant exchange rates and 5 percent at actual rates, with a strong acceleration in the second quarter where sales...

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Business

EU fines Gucci, Chloé and Loewe millions for violating competition rules

Brussels, Belgium – The European Union announced on Tuesday that it had imposed fines totalling 157 million euros on luxury firms Gucci, Chloé and Loewe for breaching competition rules. The sanctions follow surprise raids conducted in April 2023 and an antitrust investigation by the European Commission in July 2024. The EU's executive arm...

FashionPress Release

With the new Cartier Santos watches, every detail counts – just like in mid-flight

Always open to adventure, the Santos de Cartier watch explores two new creative avenues. Innovative by nature, it seamlessly adopts the ultra- lightness of titanium and also inaugurates a dial illuminated by Superluminova®. These two watches of character introduce aesthetic and technical choices that reinforce the emblematic Santos de Cartier...

RetailPress Release

Delvaux in Asia: a new visual language for luxury retail

A story in constant evolution: Delvaux, the oldest fine leather goods house in the world, continues its expansion in Asia with six new store openings. True to tradition, the new venues are designed by Vudafieri-Saverino Partners, behind the architectural concept of all the Belgian brand’s boutiques since 2012. Their aesthetic language bridges...