Watches

Richemont Sales Climb 3.1%, With Net Profit Flat in Fiscal 2017-18

5 monthes ago   |   By

LONDON - A strong performance in Asia Pacific boosted sales at Compagnie Financière Richemont 3.1 percent to 10.98 billion euros, while net profit remained broadly flat in the 12-month period at 1.22 billion euros.
At constant exchange, sales were up 8 percent and stripping out the impact of the watch buybacks, they rose 7 percent at constant exchange. Operating profit climbed 4.5 percent to 1.84 billion euros. The company said its net profit suffered in the period from one-off items.
Johann Rupert, the company's chairman, founder and shareholder of reference, said an improved...
Read more ...

 


Search by Tags

   Watches      Financial      Compagnie Financière Richemont SA      Johann Rupert  


Fashion Focus Beachwear Magazine - Spring/Summer 2018

Fashion Focus Beachwear Magazine - Spring/Summer 2018

Fashion Focus Beachwear Magazine - Spring/Summer 2018 at Magazine Cafe Store USA Read more ...

Elle UK Magazine November 2017

Elle UK Magazine November 2017

Elle UK Magazine November 2017 from Magazine Cafe Store NYC Read more ...

Meghan Markle Wore a Thing: L'Agence Pinstriped Blazer in Australia Edition

Meghan Markle Wore a Thing: L'Agence Pinstriped Blazer in Australia Edition

Ever since announcing her engagement to Prince Harry, the world's eyes have been fixed on Meghan Markle - and her style. We'll be following the Meghan Markle Effect™ with our... Read more ...

Balenciaga are being sued for copying Little Trees air fresheners

Balenciaga are being sued for copying Little Trees air fresheners

Balenciaga aren't exactly known for their reserve when it comes to creating products that blatantly copy other brands' designs. At the label's AW18 show , creative director... Read more ...

Nike ACG Air Revaderchi Receives Two New Fall Colorways

Nike ACG Air Revaderchi Receives Two New Fall Colorways

Continuing its ACG revival , Nike put together two new colors of its Air Revaderchi model for Fall. Available in grey/purple and blue/teal/black looks, once again the shoe... Read more ...

Take a First Look at the Off-White™ x Nike Air Max 90 "Desert Ore"

Take a First Look at the Off-White™ x Nike Air Max 90 "Desert Ore"

Shortly after receiving a closer look at the Off-White™ x Nike Air Max 90 "Black," we now have a first look at a "Desert Ore" of the collab model. Showing no signs of slowing... Read more ...

The Hunger Magazine online

The Hunger Magazine online

Behind-the-Scenes at Thom Browne SS19 Read more ...

Meghan Markle's Dad Thomas Reportedly Thinks She ‘Will Be A Great Mother'...

Meghan Markle's Dad Thomas Reportedly Thinks She ‘Will Be A Great Mother' And Hopes To Reconcile

Despite everything, Meghan Markle‘s father Thomas Markle would still love to be an active grandfather for the duchess' upcoming bundle of joy. At least, that's how it sounds on... Read more ...

Meghan Markle Wore a Thing: Mother Denim and Altuzarra Blazer in Australia...

Meghan Markle Wore a Thing: Mother Denim and Altuzarra Blazer in Australia Edition

Ever since announcing her engagement to Prince Harry, the world's eyes have been fixed on Meghan Markle - and her style. We'll be following the Meghan Markle Effect™ with our... Read more ...

Jane Weaver: Interview on eve of ‘Loops in Secret Society' tour

Jane Weaver: Interview on eve of ‘Loops in Secret Society' tour

With her solo, audio-visual ‘Loops in Secret Society' tour kicking off this October, Jane Weaver is coming home to roost with a run of shows we're all aching to get... Read more ...

Netflix cancels Marvel's ‘Luke Cage' ahead of third season

Netflix cancels Marvel's ‘Luke Cage' ahead of third season

One week after Iron Fist was canned and the same day that the long awaited third season of Daredevil launched, Netflix has canceled Luke Cage. “Unfortunately, Marvel's Luke... Read more ...

Mel C Says She's Dropping Out Of The Spice Girls Reunion, Unless Scary...

Mel C Says She's Dropping Out Of The Spice Girls Reunion, Unless Scary, Baby, and Ginger Reportedly Do One Thing

She's not interested in a half-a-ed reunion! For years, Melanie Chisholm aka Sporty Spice has been against the idea of a Spice Girls reunion. But on Oct. 20, a report claims... Read more ...