Morgan Stanley (NYSE:MS) analysts upgraded the stock rating of luxury goods company Compagnie Financiere Richemont SA (JO:CFRJ) (CFR:SW) (OTC: CFRUY) from Equalweight to Overweight, simultaneously ...
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Sales in the Asia-Pacific region fell 7% in the third quarter, dragged down by an 18% drop in China, Hong Kong, and Macau. Richemont reported healthier sales elsewhere in Asia, with "positive results" ...
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates. Richemont, whose brands include ...
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust earnings lifted rival share prices, buoying the European luxury sector on ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Grund will join the supervisory board of Mytheresa once its deal to buy Yoox Net-a-porter from Richemont is completed, which ...
ZURICH, Jan 16 (Reuters) - Richemont (CFR.S), opens new tab, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year ...
While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...
Cartier owner Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division bucked a downturn in demand for high-end goods.
In a report released on January 29, Jon Cox from Kepler Capital maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research ...
Mytheresa Group stock has become our largest position due to a game-changing acquisition of YOOX NET-A-PORTER (YNAP) from Richemont. Click here to read more.