The company has announced the appointment of Nicolas Bos, currently chief executive of Van Cleef & Arpels, to the re-established role of CEO of Richemont. Nicolas will take the helm at the beginning of June.
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Südzucker reports drop in earnings
The European sugar producer has reaffirmed its full-year profit forecast of between €500m and €600m, down from the €950m it generated in the year to the end of February. The company has said its results have been hurt by high production costs.