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Swatch Activist Ups Pressure as Profits Plunge over China Weakness

Environment · China

Swatch Activist Ups Pressure as Profits Plunge over China Weakness

53% Center coverage: 13 sources

Swiss watchmaker reports near 90% drop in net income as GreenWood Advisors steps up its campaign for board seat See the Story

Cartier Owner Richemont Sales Rise as Rich Shoppers Spend on Jewellery

Cartier Owner Richemont Sales Rise as Rich Shoppers Spend on Jewellery

67% Center coverage: 9 sources

Swiss group’s top brands prove resilient despite economic and geopolitical fears See the Story

LVMH Profits Tumble 22% as Luxury Headwinds Persist

Christian Dior · Paris

LVMH Profits Tumble 22% as Luxury Headwinds Persist

Coverage: 2 sources

Fashion and leather goods revenue declined 8% for the first half of the year, although new creative directors at Dior and Loewe could change that trajectory.See the Story

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