Hypebeast13d
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 ...
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 ...
NBC Chicago14d
Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
The move higher comes as shares of Swiss Cartier-owner Richemont soared Thursday after the company reported a better-than-expected 10% increase in fiscal third-quarter sales. The S&P 500 and ...
Seeking Alpha11d
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 ...
Blue Origin's first New Glenn rocket reaches orbit, misses booster landing
Blue Origin launched its towering New Glenn rocket for the first time early Monday, in a crucial milestone for Jeff Bezos’ ...
Reuters on MSN13d
European luxury stocks jump after Richemont smashes expectations
European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the ...
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 ...
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 ...
Business Insider5d
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 ...
MoneyWeek5d
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 ...
RBC Capital highlights strong earnings momentum as Richemont shares see price target boost
RBC Capital Markets updated its outlook on Compagnie Financiere Richemont SA (JO:CFRJ) (CFR:SW) (OTC: CFRUY), increasing the ...