The luxury goods group Richemont, led by South African billionaire Johann Rupert, has reported a strong increase in sales for the financial year

South African billionaire Johann Rupert’s Richemont has overtaken Walmart as North America’s second-largest jewellery retailer, driven by strong luxury demand for Cartier and Van…

Jewellery maisons drive record revenue as watch sales lag
Richemont sales climbed 11 percent at constant exchange to 22.4 billion euros in the fiscal year that ended on March 31.