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Topic: Richemont


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  Articles:Listing Richemont
Richemont and Remgro said the restructuring was proposed because of impending changes in the law in Luxembourg.
Richemont’s major subsidiary and co-issuer of Richemont units is located in Luxembourg, as is the Remgro subsidiary.
Richemont said full-year net profit for the year ended March 31 fell 10% to €1.09 billion ($1.39 billion) from €1.21 billion due to items related to its minority stake in British American Tobacco PLC.
www.tobacco.org /articles/org/richemont   (1821 words)

  
  Arthur de Richemont, Constable of France
Richemont was wounded and captured by the English at the battle of Agincourt.
Richemont engaged in a dispute with La Trémoïlle, the senior advisor to Charles VII, and was denied direct access to Charles VII when Richemont's brother, Jean V, formed an alliance with the English.
Richemont forced the expulsion of Trémoïlle from the court of Charles VII.
xenophongroup.com /montjoie/richmond.htm   (1390 words)

  
 Compagnie Financière Richemont SA
How this report was compiled/Where you can get...
Richemont owns several of the world's leading companies in the field of luxury goods, with particular strengths in jewellery, luxury watches and writing instruments.
In addition to its Luxury business, Richemont holds a significant investment in British American Tobacco - one of the world's leading tobacco groups.
www.richemont.com   (132 words)

  
 FTD.de - Handel + Dienstleister - Nachrichten - Richemont kauft im Geschäft mit Luxusuhren zu
FTD.de - Handel + Dienstleister - Nachrichten - Richemont kauft im Geschäft mit Luxusuhren zu
Der weltweit zweitgrößte Luxushersteller Richemont stärkt sein Geschäft mit besonders teuren Uhren.
Wie das schweizerische Unternehmen bekannt gab, übernimmt Richemont den Hersteller Fabrique d'Horlogerie Minerva vom italienischen Investor GPP International.
www.ftd.de /unternehmen/handel_dienstleister/120433.html   (716 words)

  
 Analysen & Hintergründe - Aktien - Investor - FAZ.NET - Luxusgüter: Aktie von Richemont weiter ein Juwel
Richemont hat in den ersten fünf Monaten seines Geschäftsjahres 2005/06 die Erlöse zu laufenden Wechselkursen um 16 Prozent und zu konstanten Wechselkursen um 17 Prozent gesteigert.
Für Morgan Stanley ist Richemont nun 57 Franken wert.
Auch aus der Sicht des Bankhauses Sarasin ist Richemont ein Kauf; Analyst Patrick Hasenböhler hat das Kursziel gerade von 47 auf 55 Franken hochgeschraubt.
www.faz.net /s/RubEA492BA0F6EB4F8EB7D198F099C02407/Doc~E99BF99681D6E4EDBA2066D693455E447~ATpl~Ecommon~Scontent.html   (742 words)

  
 Compagnie Financière Richemont SA - Capital Structure
Richemont 'B' units, which represent 9.1 per cent of the Group's equity, therefore control 50 per cent of the votes at meetings of shareholders of Compagnie Financière Richemont SA.
Richemont Securities SA, a wholly-owned subsidiary of Compagnie Financière Richemont SA, acts as depository for the issuance, transfer and cancellation of Richemont South African Depository Receipts ('DRs'), which are traded on the Johannesburg Stock Exchange operated by JSE Limited.
Given this indivisible twinning of shares in Compagnie Financière Richemont SA with participation certificates issued by Richemont SA, which is reflected in the statutes of both companies, a transfer of shares cannot be effected without the corresponding transfer of the related participation certificate.
www.richemont.com /capital_structure.html   (1796 words)

  
 business.iafrica.com | business news Richemont to place 5% BAT stake
R&R — Richemont and Remgro — had a stake of some 33 percent in BAT and this will be reduced to around 28 percent.
Richemont shares were one percent higher at midday while BAT stock dropped by 2.4 percent.
Now Richemont is selling warrants on these shares and it will either get 675 pence per share from the warrant owners in May 2004, or the same amount from BAT in June 2004.
business.iafrica.com /news/194893.htm   (727 words)

  
 Richemont's 1st-Half Profit Up 22 Pct. (AP) - Kiplinger.com
Compagnie Financiere Richemont SA, the maker of Cartier watches, said Friday first-half profit rose 22 percent as demand for designer timepieces rose.
Net income in the six months through Sept. 30 rose to euro645 million ($826.7 million) from euro529 million in the same period a year earlier, the company said in a statement.
Richemont shares rose 2.4 percent to 65.15 Swiss francs ($52.26).
www.kiplinger.com /apnews/XmlStoryResult.php?storyid=263874   (208 words)

  
 www.mineweb.net | sections | gold & silver Demand for luxury goods pumps demand for gold and gems   (Site not responding. Last check: )
Richemont’s actual five-month figures were met with resounding applause in Switzerland, where, for instance, analysts at Zuercher Kantonalbank hailed the outcome for Richemont’s watches product segment, and in geographical areas, Japan, where sales rose by a “surprising” 11% in constant currency terms.
Richemont, however, appears to stand out; according to Smith Barney, the group owns “better revenue drivers than average,” along with medium-term geographic immaturity (an advantage), and positive operating leverage.
Richemont boasted operating margins of around 16% in the 1994-1999 period, and 19.3% in 2000.
www.mineweb.net /sections/gold_silver/486855.htm   (929 words)

  
 Standard Bank: Richemont Securities AG   (Site not responding. Last check: )
The dividend payable to holders of Richemont Securities` DRs resident in the South African common monetary area is derived from the dividend paid by Richemont SA, Luxembourg and Compagnie Financiere Richemont SA, Switzerland to holders of Richemont `A` units and is payable in rand.
Richemont agreed to effect the transaction at a modest premium to the market price prevailing on 25 February 2005 with net proceeds to Richemont amounting to GBP 124.9 million (Euro 181.2 million).
Because Richemont and Remgro are considered to be related parties, the board of Compagnie Financiere Richemont SA constituted a Committee of Independent Directors to consider Remgro`s request.
www.profile.co.za /standardbank/sdt/data/000701/Notes.htm   (1731 words)

  
 Industry News - Richemont Writes Off 3.4 Billion Euros as Profits Plunge [6/5/03] - TimeZone
Richemont, the world's second-biggest luxury-goods company, has admitted that its strategy of buying up some of the world's best-known luxury watch brands has been an expensive failure by writing off all of the €3.4bn ($3.9bn) of goodwill on the luxury-goods businesses it has acquired over the last decade.
Richemont, which had already warned in March that its operating profits would be up to 40 per cent down on the prior year, said that its operating profits fell 32 per cent, to €350m, after stripping out the €91m in restructuring provisions for its watch making operations and also Lancel and Alfred Dunhill retailing units.
Richemont noted that the elimination of goodwill against shareholders equity is not permitted under International Financial Reporting Standards but it considered the approach to be "fully justified" nonetheless since it was a "straightforward approach" to a complicated problem.
www.timezone.com /library/news/news631904452009687500   (664 words)

  
 Hour.ca - Stage - JFL: Xavier de Richemont
Parisian artist-cum-international scale production designer Xavier de Richemont brings light to the world.
You'll have seen his work before if you've ever been to Just For Laughs; he's a yearly fixture, and for good reason.
De Richemont is one of those participants in Just For Laughs who has helped further the fest's mandate to do more than just assemble funny guys.
www.hour.ca /stage/stage.aspx?iIDArticle=9671   (361 words)

  
 business.iafrica.com | business news Richemont captures Asian market
Richemont said the overall growth in sales reflected strong trading in all regions and double-digit sales increases at almost all of the group's maisons.
Sales of jewellery, a business area where Richemont is very well placed, have increased by 20 percent, he noted.
In Japan, growth of 14 percent in local currency terms was reduced to six percent at actual exchange rates as a consequence of the progressive weakening of the yen against the euro during the period.
business.iafrica.com /news/432047.htm   (675 words)

  
 Richemont's profits soar   (Site not responding. Last check: )
Richemont, the Swiss luxury goods group, announces its unaudited results for the six-month period ended 30 September 2005.
Richemont has fully implemented IFRS in the preparation of these interim financial statements for the period ended 30 September 2005, having previously reported under Swiss generally accepted accounting principles.
Richemont is also required to provide extensive supplementary information in this year’s interim report, as it is the first to be presented in accordance with IFRS.
europastar.com /europastar/headlines/article_display.jsp?vnu_content_id=1001525447&imw=Y'   (1358 words)

  
 Richemont's profits soar
Richemont, the Swiss luxury goods group, announces its unaudited results for the six-month period ended 30 September 2005.
Richemont has fully implemented IFRS in the preparation of these interim financial statements for the period ended 30 September 2005, having previously reported under Swiss generally accepted accounting principles.
Richemont is also required to provide extensive supplementary information in this year’s interim report, as it is the first to be presented in accordance with IFRS.
www.europastar.com /europastar/headlines/article_display.jsp?vnu_content_id=1001525447&imw=Y'   (1400 words)

  
 Profit Warning For Richemont
Similarly, with Lancel, which it purchased in 1997 as the Vendome Luxury Group, Richemont states that, "steps have been taken to eliminate certain loss-making activities in Belgium, the United States and elsewhere." The total cost of restructuring for both Lancel and Dunhill is estimated at being around 50 million Euro in the current financial year.
Richemont had previously announced sales down two percent for the quarter ending December 2002 when calculated in Euros.
Following the news of the profit warning, Richemont shares on the Zurich stock exchange fell 9.4 percent to 20.25 Swiss francs.
www.fashionwindows.com /visual/2003/richemont.asp   (292 words)

  
 EPA: Federal Register: Environmental Assessment and Finding of No Significant Impact Related to Issuance of a License ...
Richemont North America was authorized by the NRC from August 31, 1999, until the present to use manufactured watch dials and hands containing luminous paint activated with tritium for the manufacture and repair of timepieces.
Richemont North America has conducted surveys of the facility and determined that the facility meets the license termination criteria in Subpart E of 10 CFR part 20.
On the basis of the EA, NRC has concluded that the environmental impacts from the proposed action are not expected to be significant and has determined that the preparation of an environmental impact statement for the proposed action is not required.
www.epa.gov /fedrgstr/EPA-IMPACT/2003/July/Day-21/i18410.htm   (1253 words)

  
 swissinfo - Affari d'oro per Richemont
Richemont ha approfittato nell'ultimo esercizio di una forte ripresa sul mercato dei prodotti di lusso, dopo la crisi del 2001-2003.
Nell'esercizio 2004/05, chiuso il 31 marzo, Richemont ha realizzato un utile netto di 881 milioni di euro (1,35 miliardi di franchi), in crescita del 33% rispetto all'esercizio precedente.
Richemont è il secondo fabbricante mondiale nel settore dei prodotti di lusso.
www.swissinfo.org /ita/swissinfo.html?siteSect=43&sid=5858066   (664 words)

  
 Richemont, Polo Ralph Lauren join forces - Boston.com
Swiss luxury goods maker Richemont SA said Monday it is teaming up with apparel maker Polo Ralph Lauren Corp. to create the Polo Ralph Lauren Watch and Jewelry Co. SARL, which will design and create luxury watches and jewelry.
GENEVA, Switzerland --Swiss luxury goods maker Richemont SA said Monday it is teaming up with apparel maker Polo Ralph Lauren Corp. to create the Polo Ralph Lauren Watch and Jewelry Co. SARL, which will design and create luxury watches and jewelry.
In addition to its luxury goods business, Richemont holds an 18.9 percent interest in British American Tobacco, one of the world's largest tobacco companies.
www.boston.com /business/articles/2007/03/05/richemont_polo_ralph_lauren_join_forces   (190 words)

  
 swissinfo - Luxusgüterkonzern Richemont: Reiches 1. Halbjahr
Der im Luxusuhren-Segment engagierte Luxusgüterkonzern Richemont weist für das erste Halbjahr 2006 (per Ende September) einen um 22% gewachsenen Reingewinn von 645 Mio.
Aber auch das eigene Geschäft lief gut: Der Umsatz von Richemont stieg um 16% auf 2,303 Mrd.
Erfreut zeigte sich Richemont über die Entwicklung der Sorgenkinder Dunhill und Lancel bei den Lederwaren und Accessoires.
www.swissinfo.org /ger/startseite/detail/1_Halbjahr_2006_Richemont_noch_reicher.html?siteSect=105&sid=7267963&cKey=1163765188000   (436 words)

  
 Diamonds.net News - Richemont Provides Peek into First-half Results
The parent organization of luxury retailer Richemont (Compagnie Financière Richemont SA)  held its annual general meeting September 14, and provided a peak into what first-half results could show for the period April 1, through September 30, 2006.
Richemont's executive chairman, Johann Rupert, said, "In the five-month period to end-August, sales overall grew by 16 percent at actual exchange rates.
Richemont’s interim results for the fiscal first half, which ends September 30, will be released  November 17, 2006.
www.diamonds.net /news/NewsItem.aspx?ArticleID=15638   (407 words)

  
 Kingsbarns, near St Andrews, Scotland - Golf news - Dunhill - Richemont
Rembrandt Group (Remgro) and Richemont are often mentioned in the same breath.
At the Richemont AGM in September 2001, chairman Johann Rupert quoted some supply-side analysts who had named him "Rupert the Bear".
You know the world's biggest economies are in trouble when 5% of Swiss watchmakers are about to lose their jobs.
www.kingsbarnslinks.com /localnews/golf/richemont.htm   (445 words)

  
 Richemont confirms outlook, sees Lancet breaking even in 2007
ZURICH (AFX) - Compagnie Financiere Richemont reiterated its guidance of achieving an 'overall significantly better' result in the current financial year than in the previous year, after reporting third-quarter sales results earlier today.
However, the group's spokesman declined to indicate when Richemont expects a turnaround for Dunhill.
Richemont said the weakening of both the dollar and the yen had weighed on the third quarter, but said gold prices have had little impact.
www.abcmoney.co.uk /news/23200710065.htm   (176 words)

  
 Jack Yan: the Persuader Blog: Ford to sell Aston Martin: Richemont, LVMH interested
This makes total sense for either Richemont or LVMH, both in the running to acquire the Aston Martin brand and facilities.
Richemont says that its brands are about style, quality and craftsmanship, even if cars do not figure in its usual areas of jewellery, watches and writing instruments.
LVMH is as diverse, but it has managed to show that fashion, beauty and alcohol can be very similar, when marketing to a comfortable, rich niche.
www.jackyan.com /blog/2006/09/ford-to-sell-aston-martin-richemont.html   (710 words)

  
 Richemont Annual General Meeting 2005 : Decisions of the Meeting
The shareholders of Compagnie Financière Richemont SA re-elected the serving members of the board of directors and, in addition, appointed Mr Norbert Platt, Group Chief Executive Officer, and Ms Martha Wikstrom to the Board.
Richemont’s interim results for the six-month period to 30 September 2005 will be released on Thursday, 17 November 2005.
Richemont owns a portfolio of leading international brands including Cartier, Van Cleef and Arpels, Alfred Dunhill, Montblanc and Lancel as well as the prestigious watch manufacturers Jaeger-LeCoultre, Piaget, Baume and Mercier, IWC, Vacheron Constantin, A. Lange and Söhne and Officine Panerai.
www.europastar.com /europastar/headlines/article_display.jsp?vnu_content_id=1001137441   (1269 words)

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