When the deal is finalized, Vhernier will become the 29th brand in Richemont’s portfolio. It will join Milan jewelry brand, Buccellati, which Richemont acquired in 2019
A new analysis of the market capitalisation of the world’s leading luxury goods companies shows that five of the top 25 are jewellery businesses.
The Switzerland market ended on a weak note on Thursday, extending recent losses, even as markets across Europe turned in a fine performance on strong earnings updates and fairly encouraging economic data.
The Switzerland market ended on a weak note on Thursday despite seeing a couple of brief spells in positive territory during the course of the day's trading session.