The new ceo laid out six strategic priorities for the brand, which he said was Millennial-focused before Millennials even existed.
The company said it saw increases in all business segments during the fourth quarter.
Net proceeds will be used for the group’s general corporate purposes and may fund the acquisition of YNAP.
Richemont will publish its offer document on March 18.
The jewelry retailer is looking to turn things around with some big cost reductions.