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...In a call with analysts on Monday afternoon, Richemont chief financial officer Burkhart Grund said there was no change to the full-year outlook for the group....
...Earlier this month, it announced the departure of its chief technology officer, a move understood to be related to the purchase of the ecommerce group, and Mr Grund hinted at further personnel changes after...
...“Guarantees in the German market generally are around 3 per cent — compare that to where interest rates are now,” said Dominic Simpson, a vice-president and senior credit officer at Moody’s, the rating agency...
...Burkhart Grund, Richemont chief financial officer, on Friday said “that is a natural decline, and that will continue for the foreseeable future”....
...“We believe the traditional wholesale trade, especially in watches, will over time disappear,” Burkhart Grund, Richemont’s chief financial officer, told analysts in November....
...In addition, Gary Saage will step down as chief financial officer in July to return to his family in the US. Mr Saage will be replaced by Burkhart Grund, currently deputy financial officer....
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