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United Kingdom

Compagnie Financiere Richemont SA (CFR.S)

CFR.S on Virt-X Level 1

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15 Dec 2017
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Fri, Nov 10 2017

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Richemont appoints insider to speed up watch business recovery

ZURICH Luxury goods group Richemont appointed company veteran Jerome Lambert on Friday to the newly created role of chief operating officer to steer its watchmaking business into calmer waters as demand for its timepieces slowly improves.

UPDATE 2-Richemont appoints insider to speed up watch business recovery

* Shares down 1.2 percent, lag sector (Adds CFO, analyst quotes, shares)

Richemont appoints insider as watchmaking head, cautions on FY

ZURICH, Nov 10 Luxury goods group Richemont on Friday appointed Jerome Lambert, currently head of operations, to the newly created role of chief operating officer responsible for the Swiss group's watch and fashion brands.

BRIEF-Richemont announces staff changes, with HR chief to be replaced

* Says jean-jacques van oosten has been appointed to the newly created role of chief technology officer and will join the senior executive committee effective 1 january 2018

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