richemont group

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Retail Asia11/12/2018

Chinese luxury fashion label Shanghai Tang has been acquired by Chinese investment fund Lunar Capital. The new owner specialises in growing mid-sized Chinese firms, already holding a range of clothing brands. Their acquisition signals a new direction for the brand, which has just opened a flagship store on JD’s luxury platform TopLife, the brand’s first […]

Retail Asia19/01/2015

jaeger-lecoultre-owned-by-richemont-group-flagship-store-568x378.jpg

World’s second largest luxury conglomerate, Swiss based Richemont Group reports flat sales at constant exchange rates (sales increased at 4 percent at actual rates) in the quarter to 31 December 2014. Growth in Europe/Middle East and the Americas was offset by a significant decline in Asia-Pacific. Overall, third quarter trading was below the first six […]

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Tag: richemont group

Shanghai Tang sold to Chinese Lunar Capital fund

Richemont Group reports declining sales in Asia-Pacific