Richemont Rises And Signet Falls As Jewelry Market Splinters Between True And Accessible Luxury
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks
Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division ...
De Beers Has the Diamond. Could It Find a Bride?
Facing a $39 billion bid from mining giant BHP Group Ltd, the London-listed company is considering offloading the diamond ...
Cartier owner Richemont sales rise 10% in December quarter despite ongoing China weakness
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.
Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world
Sales in the Asia-Pacific region fell 7% in the third quarter, dragged down by an 18% drop in China, Hong Kong, and Macau.
Luxury’s ‘America first’ moment
Fashions change. For many years, growth in the luxury industry could be summed up in two words as “China” and “handbags”. Now, it’s ‘America’ and ‘bling’. Cartier-owner Richemont, whose blowout sales ...
Richemont Expected to Benefit From Jewelry Heavyweight Brands -- Earnings Preview
SALES FORECAST: The owner of Cartier and Van Cleef & Arpels should report sales of 5.63 billion euros ($5.80 billion) for the quarter ended Dec. 31, according to a poll of estimates by 13 analysts ...
Richemont’s Surprise Revenue Gain Lifts Luxury Stocks, Offering Hope to Brand Owners, Investors
Richemont outstripped expectations with a 10 percent jump in revenue during the key holiday quarter, offering hope that ...
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Compagnie Financière Richemont SA (CFRUY)
Shares of Louis Vuitton Moet Hennesy (OTC: LVMUY) were moving higher today in symphony with a strong earnings report from luxury peer Richemont (OTC: CFRUY), the owner of Cartier. As of 1:07 p.m ...