Things are again moving at the Richemont Group, but this time in the right direction. After a few years of hesitation, with massive shake-ups at the head of most brands of the group and the resignation of Kern, and negative results (especially for the 2015-2017 period), the luxury powerhouse seems to be back on track. Today, two important announcements have been made by Richemont. First, a new CEO has been appointed. Second, at their annual general meeting, the Group reports a massive increase in sales (to be nuanced, though).
