Luxury goods stocks jumped on Thursday morning following Cartier-owner Richemont's (CFR.SW) surge in sales, prompting hopes of a turnaround for the sector. Richemont's third quarter trading update, ...

Cartier owner Richemont on Thursday reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales rose to 6.2 billion euros ($6.38 billion) at constant exchange rates ...

Richemont, Johann Rupert’s golden child in the luxury goods industry, has delivered an unexpected boost for the industry with a remarkable sales surge during the holiday season. The company ...

Luxury stocks across the world have been given a boost by Cartier-owner Richemont’s booming sales figures this morning. Richemont’s report, the first set of luxury results covering the festive ...

The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates. Richemont, whose brands include ...

Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss luxury group’s Cartier jewellery. Sales at constant exchange rates ...

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ZURICH (Reuters) -Richemont, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year sales that exceeded expectations ...

Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier jewellery, a tentative sign that demand for luxury goods may be recovering.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Swiss luxury group Richemont sparked a surge in luxury stocks on Thursday as it reported stronger than ...

LONDON — Sales at Richemont surged 10 percent to 6.2 billion euros in the three months ending Dec. 31, with double-digit gains in all regions except for China, where demand continues to stagnate.

Richemont’s share price shot up nearly 14% after it reported a strong 10% uplift in sales during its third quarter to December 31, its highest ever quarterly financial performance. The €6.2 ...