Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter ...
Grund will join the supervisory board of Mytheresa once its deal to buy Yoox Net-a-porter from Richemont is completed, which ...
Rival LVMH jumped 7.8%, while a gauge of European luxury firms advanced 6.8%, set for its best day since 2022. The tech index ...
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
Richemont’s Burkhart Grund joins the board in wake of Mytheresa and other companies joining to form a global, multi-brand ...
European stocks rose to hit their highest level in a month on Thursday as heavyweight luxury companies were boosted by buoyant sales from Swiss group Richemont. The broad-based Stoxx 600 index rose 0.
The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands ...
The gains came after data showed US core inflation came in at 0.2%, marking the first step down in six months and ...
But bourses in Europe and Asia pushed higher. The Paris stock market surged more than two percent after Cartier owner Richemont reported record quarterly sales. The Swiss luxury firm ended the day ...
The tech index, which houses the bulk of European chipmaking companies, advanced 1.8% after Taiwan Semiconductor ...
Mytheresa has announced the nomination of Burkhart Grund, chief financial officer of Richemont, as a new supervisory board ...