Overdone price hikes, the demise of ‘quiet luxury,’ and sluggish European tourism—here’s what Bank of America expects will shape luxury in 2025
We think that like the game of snakes and ladders, 2025 will see many ups and downs for the luxury sector,” Bank of America ...
Buy Rating on Richemont Driven by Strong Sales, Strategic Improvements, and Optimistic Market Outlook
Analyst Rogerio Fujimori from Stifel Nicolaus maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) and ...
Seeking Alpha12d
Richemont: Supportive Holiday Sales, Now A Pricey Valuation (Rating Downgrade)
Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery Maisons division, aligned with our investment thesis. Despite a decline in ...
Forbes12d
Richemont Rises And Signet Falls As Jewelry Market Splinters Between True And Accessible Luxury
Richemont of Cartier and Van Cleef & Arpels fame just delivered spectacular third quarter results, ending December 31 with its luxury jewelry brand revenues up 14%. By contrast, Signet Jewelers ...
Business Insider6d
Compagnie Financiere Richemont SA (CFR) Gets a Buy from Citi
In a report released today, Thomas Chauvet from Citi maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with a price target of CHF193.00. According to TipRanks ...
MoneyWeek6d
Luxury stocks rally after Richemont sales boom – is there hope for the sector?
Shares in Richemont jumped 15% on 16 January after the luxury group reported a strong holiday season, says Laure Guilbault in Vogue Business. Sales grew by 10% year on year in the fourth quarter ...
Yahoo Finance13d
Richemont’s Surprise Revenue Gain Lifts Luxury Stocks, Offering Hope to Brand Owners, Investors
LONDON — Richemont has begun 2025 with a bang, surprising the markets with a 10 percent uptick in third-quarter revenue that sent luxury share prices soaring. Following an unexpectedly strong ...
retail.economictimes.indiatimes12d
Cartier owner Richemont sales surge shows strength of top end luxury
Richemont, owner of Cartier, reported a 10% year-on-year increase in Q3 sales, significantly surpassing expectations. This growth suggests a potential recovery in the luxury sector, despite ...
This is Money13d
Luxury shares soar as Cartier-owner Richemont sees jewellery sales boom
Russ Mould, investment director at AJ Bell, said: 'Richemont put a sparkle on the luxury goods market after reporting a "very solid end" to 2024 with a big improvement versus the first half of the ...
Investopedia13d
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
Raul Ariano / Bloomberg via Getty Images European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales. Richemont's results raised investor hopes that the ...
Hypebeast14d
Richemont Sales Surge 10% Triggering Boost for LVMH and Hermès Shares
On Thursday afternoon luxury conglomerate Richemont revealed that it saw a 10% increase in sales during the three months ending at the New Year, a key period for luxury performance. The positive ...