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Richemont News and Luxury Goods & Watchmaking Industry Updates

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Richemont News and Luxury Goods & Watchmaking Industry Updates

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China luxury slowdown deepens for Hermès and Cartier

Oleksii Zaichenko
23.10.2026

China luxury slowdown deepens for Hermès and Cartier

A pullback in spending by wealthy Chinese consumers is increasingly reaching the top end of the luxury market. Hermès and Cartier, long seen as more resilient in mainland China, are now posting ...

#China #Hermès

Richemont explores joining De Beers bid amid diamond supply chain push

Oleksii Zaichenko
15.10.2026

Richemont explores joining De Beers bid amid diamond supply chain push

Richemont is in talks to join a consortium preparing a bid for De Beers, a move that could deepen the Cartier owner's role in the diamond supply chain. The discussions come as the diamond mining ...

Louisville CBP seizes counterfeit watches shipment valued at $28 million

Ciaran Ryan
17.07.2026

Louisville CBP seizes counterfeit watches shipment valued at $28 million

U.S. Customs and Border Protection officers at the Port of Louisville have seized a shipment of 200 counterfeit watches moving from Hong Kong to Illinois. The agency says the goods, if genuine, ...

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