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Spotlight | Switzerland
Richemont's hush-hush real estate acquisitions in global luxury capitals

The Richemont group is racking up real estate acquisitions in world luxury capitals. © Studio Pachamama

Swiss luxury giant Richemont (Cartier, Van Cleef & Arpels, Chloé, etc.) has acquired a string of properties in luxury capitals around the world through two real estate companies registered on the island of Jersey. [...]

Published on 22.12.2022 at 05:30 GMT Reading time 3 minutes

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Houses

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This offer is open to all new subscribers and runs until 29/09/2023

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15 FSH
Cartier
Delmas
Fosun
Hermes
Jeanne Lanvin
Kering
Lanvin Group
Mulberry
Oxford Property
Pinault
Primavera Capital Acquisition Corp
Richemont
Richemont Luxury Group
RLG Property
RLG Real Estate

Switzerland, United States
Chloé seeks successor to Gabriela Hearst

Chloé has yet to confirm the departure of designer Gabriela Hearst, who has been its creative director since 2019. But the brand's parent company, Richemont, is already seeking her replacement.

Subscribers only Houses 22.06.2023

Switzerland
Former Cartier CEO Perrin still raking in hefty fees from Richemont

Since leaving Richemont in 2016, former Cartier chief Alain Dominique Perrin has continued to earn millions of Swiss francs a year from the group, officially as a marketing and development consultant.

Subscribers only Houses 08.06.2023

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Just as major luxury brands are jostling for a foothold in the coveted Saudi market, Swiss giant Richemont has signed a major agreement in the country. The contract opens the door to the local market, as well as offering an opportunity to tap into the stream of wealthy visitors making Hajj pilgrimages to the kingdom.

Subscribers only Houses 27.04.2023

Swiss group Richemont will open a TimeVallée shop at a strategic location in Saudi Arabia.

France
Neighbourhood cafés around Paris's Place Vendôme hit luxury jackpot

Major luxury groups are scrambling to get their hands on the last pockets of space available around the French capital's Place Vendôme, and small neighbourhood cafés are making a pretty packet by selling their leases to the highest bidder.

Subscribers only Entourage 06.04.2023

United States
Gabriela Hearst's delicate balancing act between Chloé and her namesake brand

As artistic director at Chloé, Gabriela Hearst is Richemont's poster child for sustainability. She keeps much quieter, however, about the shareholders and the financing of the namesake brand she runs in parallel.

Subscribers only Families 09.03.2023

Switzerland, United Kingdom
Richemont basks in Bond Street properties while British brands brood

British luxury retailers may be struggling to keep their shops open on London's Bond Street, traditionally home to the country's finest brands, but sector giants like Switzerland's Richemont hold substantial property portfolios in the area.

Subscribers only Houses 16.02.2023

France
Developer Ely-Michel Ruimy turns tidy profit in sale of Paris properties to Kering

The property developer, who also owns the licence for Joël Robuchon's restaurants internationally, has just sold four buildings in the French capital's Vendôme district to Kering for four times their purchase price.

Subscribers only Entourage 16.02.2023

Switzerland
Is Hermès heir Nicolas Puech still in charge of his own foundation?

Hermès heir Nicolas Puech's foundation, recently renamed Isocrates Foundation and endowed with a capital of 10 million Swiss francs, has adopted new statutes that considerably restrict its founder's role.

Subscribers only Families 19.01.2023

Spotlight | France
Lanvin's secret deal with the families that control Hermès

After Lanvin Group's listing on the New York Stock Exchange (NYSE) in December, its new shareholders are poring over the company's affairs, including a confidential agreement reached last year between the fashion house and the three families that control Hermès.

Subscribers only Families 05.01.2023

The Hermès and Lanvin boutiques at 24 and 22 Rue du Faubourg Saint-Honoré, in Paris.

China
Hotel de Crillon, Carlyle owners among Lanvin minority shareholders

Lanvin debuted on the New York Stock Exchange last week after merging with a SPAC that counts the Cheng family - who control the Rosewood luxury hotel group - among its shareholders.

Subscribers only Families 22.12.2022

France, United States
In New York, French diplomats and luxury brands go arm in arm

French luxury houses have forged close ties with the various French diplomatic delegations in New York. In return, they have benefited from particularly enthusiastic ambassadors.

Free Entourage 24.11.2022

Spotlight | Russia
Putin's heavy-handed support pushes Russian watchmaker Raketa to seek business in the Gulf

Having unintentionally become the emblem of self-sufficiency for Russian luxury goods, the Franco-British-owned Russian watchmaker Raketa is investing heavily in the Middle East to compensate for losses in its European markets.

Subscribers only Houses 17.11.2022

Switzerland
The reasoning behind Cartier's discreet refit of its diamond procurement unit

Following an internal investigation, the jeweller Cartier, a subsidiary of the Richemont group, has quietly dismissed several members of its diamond procurement unit.

Subscribers only Houses 17.11.2022

Spotlight | Saudi Arabia
LVMH, Kering, Richemont and Rolex face off in Riyadh, luxury's new El Dorado

The last Arab country under-equipped in malls and luxury shops, Saudi Arabia is progressively opening its doors to perfumes, jewellery and cosmetics, under Crown Prince Mohammed bin Salman's guidance. The industry's biggest names are jockeying for position.

Free Houses 27.10.2022

15% OFF your annual subscription

Consult our offers

This offer is open to all new subscribers and runs until 29/09/2023

Set up email notifications for these topics

15 FSH
Cartier
Delmas
Fosun
Hermes
Jeanne Lanvin
Kering
Lanvin Group
Mulberry
Oxford Property
Pinault
Primavera Capital Acquisition Corp
Richemont
Richemont Luxury Group
RLG Property
RLG Real Estate

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