Breaking News: Richemont Revamps Top Management as Profit Slumps

In the biggest change to its management in years, Richemont has announced the retirement of its chief executive and chief financial officer, as well as eight members of its board. This represents a generational change for the Swiss luxury conglomerate, owner of brands like Cartier, IWC and Montblanc. The retirees who are in their 50s or 60s […]