News

Prices for luxury watches on the secondary market have extended their losing streak to three full years, according to the ...
The new price target of CHF 200.00 implies that Richemont shares are trading at a price-to-earnings (P/E) ratio of 26.2x. Morgan Stanley's analysts consider this valuation to be reasonable, given ...
Former Richemont CEO on the challenges and opportunities of taking the helm — for the second time — at watchmaker Jaeger-LeCoultre ...
It’s not tariffs that luxury-goods makers need to worry about, but the hit to client wealth from the ensuing stock market ...
Morgan Stanley also upgraded Richemont to Overweight, increasing the price target to CHF200, citing the company’s robust financial performance and potential for earnings growth. Citi analysts ...
With watch industry volumes in freefall and luxury makers bracing for a year of contracting revenues, several brands are turning to bestselling models in a bid to stimulate consumer interest. Some ...
Rob Hersov has explained why the United States' punishment of South Africa - via tariffs - is 'well deserved' and says 'there's more to come'.
it’s clear Richemont wants him to shepherd the brand as it was back in its glory days. According to a February report by Morgan Stanley and LuxeConsult, Jaeger-LeCoultre underperformed the Swiss ...
With 40 out of 50 watchmakers tracked by the Morgan Stanley /LuxeConsult annual report on the Swiss ... Benoit de Clerck, who had spent two decades at rival Richemont with global roles at IWC and ...
He began his career at Goldman Sachs in New York and then became head of the European media investment banking team at Morgan Stanley in London ... luxury goods company Richemont SA, and also ...
WATCHPRO: I know European Watch Company is described as one of the oldest pre-owned watch traders in the United States. Give ...
Morgan Stanley has hired senior dealmaker David Kostel as the vice chairman of its health-care investment banking group, ...