Luxury group in sights of LVMH’S Arnault?
By AFP Published Jul 17, 2024 The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of takeover rumours which its founder, the South …
Johann Rupert
Arnault said to have bought stake in Cartier owner Richemont
By Bloomberg Published Jun 25, 2024 Bernard Arnault has taken a personal equity stake in Cartier parent company Richemont, according to people familiar with the French billionaire’s investments. See catwalkAz …
Cartier owner Richemont names new CEO, Johann Rupert
Cartier owner Richemont named a new chief executive on Friday as its 73-year-old founder and chairman Johann Rupert hands off some of his responsibilities. Nicolas Bos, the 51-year-old French head …
Luxury giant Richemont revives CEO role, Q4 sales dip, but Alaïa booms
Richemont had a lot to share on Friday with the Swiss luxury giant both confirming the slowdown in the luxury sector (albeit with only a 1% sales dip in Q4) …
Richemont adds to jewellery portfolio with Vhernier buy
Swiss luxury giant Richemont announced on Tuesday that it has reached an agreement to acquire 100% of Vhernier S.p.A., the Italian jewellery house, in a private transaction. Vhernier Forty-year-old Vhernier …
Cape Town home to 7 400 millionaires
The recent 2024 African Wealth Report shows that South African cities and regions continue to dominate the top 10 wealthiest on the African continent. The wealth report is published by …
Johannesburg home to 12 300 millionaires
The recently published African Wealth Report for 2024 shows that South Africa cities and regions continue to dominate the Top 10 wealthiest on the African continent. The wealth report is …
South Africa bleeding millionaires, but stays No 1 in Africa
The latest African Wealth Report for 2024 shows that South Africa remains home to the most dollar millionaires on the African continent, but the numbers are dwindling. Despite a tough …
Johannesburg wealthiest city in Africa as SA dominates Top 10
The latest African Wealth Report for 2024 shows that South Africa cities and regions dominate the Top 10 wealthiest on the African continent. The wealth report is published by international …
Johannesburg wealthiest city in Africa as SA dominates Top 10
The latest African Wealth Report for 2024 shows that Cape Town tops the list when it comes to the most expensive city on the African continent. The wealth report is …