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People

Richemont reshuffles top deck after poor H1

Richemont CEO Richard Lepeu and CFO Gary Saage have decided to retire from their respective positions in 2017. The Board has now decided to restructure the responsibilities of senior management in the Group. Johann Rupert will remain as Executive Chairman of the group. Commenting on their retirement, Rupert, said, “I would like to thank both...

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Design

Richemont holds on to its 'soft' luxury brands

Following the report of their first-half year results, Compagnie Financière Richemont held a conference call during which Gary Saage, the company’s chief financial officer, revealed plans for future investments in the ‘soft’ luxury brands, focusing on the brands stores and concession stands. Previously a number of rumors had been circulating...

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