Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
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 ...
Richemont stock is surging by the most it’s ever done in one day. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales ...
Richemont CFO Burkhart Grund to Join Mytheresa Supervisory Board
Grund will join the supervisory board of Mytheresa once its deal to buy Yoox Net-a-porter from Richemont is completed, which ...
MoneyWeek5d
Luxury stocks rally after Richemont sales boom – is there hope for the sector?
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter ...
Richemont Sales Bounce 10% in Q3, With Strong Gains Worldwide, Except China
Sales rocketed 22 percent in the Americas region, while in Mainland China, Hong Kong and Macau they were down 18 percent in ...
Burberry Stock Soars After Q3 Sales Fall Less Than Estimated
Burberry shares in London trading surged after the luxury group posted better-than-expected sales over the third quarter, raising investor hopes that the sector is on the path to recovery.
European Stocks Gain as Richemont’s Sales Jump Lifts Luxury
European stocks rose to the highest level in over a month on Thursday, lifted by the luxury and technology sectors as a double-digit jump in Richemont’s sales and an upbeat outlook by Taiwan ...
London stocks extend gains as markets eye Fed rate path
British equities were broadly higher on Thursday, building on their strong gains seen in the last session as markets eyed ...
Morningstar13d
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
Richemont, whose brands include Cartier and ... each rallied between 5% and 8%. A London-listed ETF, the Amundi S&P Global Luxury UCITS ETF UK:LUXG, jumped 4%, after a 2024 when it was basically ...