The new price target of CHF 200.00 implies that Richemont shares are trading at a price-to-earnings (P/E) ratio of 26.2x. Morgan Stanley's analysts consider this valuation to be reasonable, given ...

Prices for luxury watches on the secondary market have extended their losing streak to three full years, according to the ...

Former Richemont CEO on the challenges and opportunities of taking the helm — for the second time — at watchmaker Jaeger-LeCoultre ...

I was still at primary school in England in the late 1970s but I remember a conversation around our dinner table about what car my parents would buy to replace an ancient Simca 1100 in which our ...

The exchange-rate shifts haven’t really hit home in the US yet: The dollar was stronger against the euro in the first quarter ...

With watch industry volumes in freefall and luxury makers bracing for a year of contracting revenues, several brands are turning to bestselling models in a bid to stimulate consumer interest. Some ...

Rob Hersov has explained why the United States' punishment of South Africa - via tariffs - is 'well deserved' and says 'there's more to come'.

it’s clear Richemont wants him to shepherd the brand as it was back in its glory days. According to a February report by Morgan Stanley and LuxeConsult, Jaeger-LeCoultre underperformed the Swiss ...

It is rare for anybody in the watch business to break the code of silence and express how tough times can be, but the impact ...

With 40 out of 50 watchmakers tracked by the Morgan Stanley /LuxeConsult annual report on the Swiss ... Benoit de Clerck, who had spent two decades at rival Richemont with global roles at IWC and ...

He downgraded top-performer Richemont to hold, as well as Gucci-owner Kering ... with import taxes on around 60 trading partners that run trade surpluses with the US. Morgan Stanley analysts also say ...

He began his career at Goldman Sachs in New York and then became head of the European media investment banking team at Morgan Stanley in London ... luxury goods company Richemont SA, and also ...