Arria news and archive

Richemont revenue increase 9 percent for H1

Richemont reported its net profit for H1 dropped on Thursday. Revenues increased by 9 percent from the same period last year. The company's net profit for H1 was 869 million euros, down from 2,253 million euros a year earlier. Furthermore, revenues climbed to 7,397 million euros. Compared to 33 percent a year ago, the profit margin of the...

Business

Ralph Lauren Q2 profits increase 7 percent

Ralph Lauren Corporation said on Thursday its Q2 net profit surged. Revenues grew by 1 percent from the same period last year. The company's net profit for Q2 was 182 million dollars, surged from 170 million dollars a year earlier. Furthermore, revenues increased to 1,706 million dollars. For 50 years, through family of labels such as Ralph...