Swiss rival Richemont Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/swiss-rival-richemont/ Latest Jewelry News From All Around The World Fri, 28 Jun 2024 01:15:14 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 LVMH Boss has Shares in Rival Richemont https://www.thejewelrymagazine.com/lvmh-boss-has-shares-in-rival-richemont/ Fri, 28 Jun 2024 01:15:14 +0000 https://www.thejewelrymagazine.com/?p=21767

Billionaire Bernard Arnault, chairman and CEO of the luxury conglomerate, is reported to have bought shares in Swiss rival Richemont, reviving speculation of a possible takeover bid. Arnault, with an estimated net worth of $194bn (says Forbes) is a personal stakeholder in Richemont, according to Bloomberg, but the stake is too small to be disclosed […]

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