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Richemont appoints Karlheinz Baumann to Senior Executive Committee

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 10 NOVEMBER 2023 RICHEMONT APPOINTS KARLHEINZ BAUMANN TO SENIOR EXECUTIVE COMMITTEE Richemont announces today that, effective 10 November 2023, Karlheinz Baumann will join the Group’s Senior Executive Committee (SEC) in his capacity as Group Director of Operations, in charge of Manufacturing, Research & Innovation, Customer Service, Logistics & Supply Chain, Indirect Procurement, Responsible Sourcing and Security. Karlheinz Baumann will continue to repo ....

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Richemont Sales Rise 6% Amid 'Normalization' of Luxury Market

Richemont's profits from continuing operations rose 3 percent in the first six months, and like other luxury giants, the group is grappling with a slowdown in demand and intensifying macroeconomic pressures. ....

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Richemont Sales Rise 6% Amid 'Normalization' of Luxury Demand – WWD

Richemont's sales rose 6 percent in the first six months of fiscal 2024 amid a waning appetite for luxury and growing macroeconomic pressures. ....

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Here's Why Compagnie Financière Richemont (VTX:CFR) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks. ....

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South Africa's richest man, Johann Rupert suffers $1.8 billion net worth decline

South Africa's richest man, Johann Rupert suffers $1.8 billion net worth decline
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