Richemont’s value rockets more than R280bn so far in 2024

Johann Rupert-controlled luxury goods maker Richemont has added about R282bn in value since the beginning of the year after a surge in its share price due to increased shopping demand, which was boosted by an uptick in its key market, China.

The Swiss-based company has seen its share price rise more than 20% in 2024, raising its market cap to R1.664-trillion…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *