Richemont announces change at the top as sales rise again

12/11/2012

The head of the world’s second largest luxury good group, Richemont, has announced he will be stepping aside next April as the group reported a 53% rise in net income in the six months to the end of September. The Swiss group, which includes leathergoods maker Lancel Sogedi and retailers Net-a-Porter and Alfred Dunhill, reported net income of...