Richemont Records Efficacious Performance Owing To Online Sales

Richemont Records Efficacious Performance Owing To Online Sales

Compagnie Financière Richemont generated $16.06 billion for its fiscal year. With sales down just 5 percent, the Swiss conglomerate overwhelmed the analyst expectations. Surpassing the Expectations Assisted by vital sales for Cartier and Van Cleef & Arpels, and rebounds from the COVID-19 pandemic in Asia, that led to growth in…...

The First Global Luxury blockchain; LVMH, Richemont and Prada Join Forces in Blockchain Consortium

The First Global Luxury blockchain; LVMH, Richemont and Prada Join Forces in Blockchain Consortium

The Three rival names in the European luxury sector have established a new blockchain consortium that will allow shoppers to track the provenance of their purchases and authenticate goods. LVMH Moet Hennessy Louis Vuitton first unveiled their plans for a global blockchain-based system in 2019, which will be joined by…...