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 ...
Seeking Alpha11d
Richemont: Supportive Holiday Sales, Now A Pricey Valuation (Rating Downgrade)
We moved our rating to neutral. As usual, there was no guidance and no call with Richemont's management team. Still, the company's Q3 group sales reached €6.15 billion (the highest ever ...
Business Wire8d
Mytheresa Announces Supervisory Board Nomination of Richemont Group CFO Burkhart Grund as Additional Board Member Upon Closing of Mytheresa’s YNAP Acquisition
Burkhart Grund started his Richemont career in 2000 as CFO of Montblanc in France, before becoming CFO of Van Cleef & Arpels and later Group Deputy Finance Director before his appointment to the ...
Forbes12d
Richemont Rises And Signet Falls As Jewelry Market Splinters Between True And Accessible Luxury
Richemont of Cartier and Van Cleef & Arpels ... LVMH reported revenues dropped 5% in its Watches & Jewelry group to $8.2 billion (€8 billion) or down 3% on an organic basis.
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 ...
Business Insider13d
Richemont’s Strong Sales Growth and Brand Performance Justify Buy Rating
Rogerio Fujimori, an analyst from Stifel Nicolaus, maintained the Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report). The associated price target was raised to CHF152.00.
MarketWatch13d
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
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 ...
The Financial Times13d
Cartier-owner Richemont beats expectations as jewellery sales boom
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 ...
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 ...
NBC New York13d
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Shares of Cartier owner Richemont jumped on Thursday after the luxury group reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales rose to 6.2 billion euros ($6. ...
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 ...
The Sunday Business Post13d
Richemont’s sales soar in early sign of luxury recovery
Richemont said Thursday. Analysts had expected a gain of less than 1 per cent. The Americas and Europe drove the performance, with purchases of expensive jewellery offsetting weak watch sales, which ...