Richemont Creates New Beauty Division, Doubles Down on High-End Fragrance
Amid a booming luxury fragrance market, Richemont is ramping up investment in the space with the creation of its new Laboratoire de Haute Parfumerie et Beauté division.
Richemont Creates New Beauty Division, Doubles Down on High-End Fragrance
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Europe Luxury Stocks Slide After Richemont Chairman Says Inflation Is Denting Demand
Luxury goods stocks slumped in Europe, wiping out more than $25 billion in market value after Richemont chairman Johann Rupert said inflation is starting to dent demand across the region.