Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
Europe markets are expected to open in mixed territory, retreating from gains in the previous trading session after a cooler-than-expected U.S. inflation print.
Reuters14d
European luxury stocks jump after Richemont smashes expectations
Jan 16 (Reuters) - European luxury shares soared on Thursday as Cartier ... surpassing their May 2023 high of 161.10 francs, and were set for their biggest intraday rise since October 2008.
Morningstar14d
European Luxury Stocks Rise After Cartier Owner Richemont Beats Expectations
Shares in European luxury companies rose after Swiss luxury ... for its fiscal third quarter ended Dec. 31, 10% higher than in the prior-year period and ahead of consensus estimates of 5.63 ...
Yahoo Finance14d
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
European luxury shares jumped Thursday after Cartier ... The Swiss company said its third-quarter sales ending Dec. 31 rose 10% year-over-year to 6.15 billion euros ($6.32 billion).
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.