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Richemont chairman takes five as firm coasts on success Add to ...

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One wonders whether Johann Rupert will go backpacking around Southeast Asia, attend a full moon party and get a tattoo on the gap year he is planning to take away from the Swiss luxury goods group that he chairs. At 62 years old, it is unlikely. But he has surely earned his break for helping to grow Richemont’s shares by 1,800 per cent since the company he founded listed in Switzerland in 1990 (five times more than the Swiss market index). Shares in the luxury group rose another 8 per cent on Thursday when it announced it had met its 30 per cent profit growth target for its full year which ended in March.

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  • Tiffany & Co
  • Coach Inc
  • Updated February 22 4:00 PM EST. Delayed by at least 15 minutes.

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