Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
The luxury firm saw a 10% uptick in the quarter, with fashion and accessories also showing double-digit growth.
Richemont sales unexpectedly jumped by a double-digit percentage during the holiday shopping season as consumers splurged on Cartier jewelry, lifting shares across the luxury-goods sector on hopes of ...
(IDEX Online) - Richemont, the Swiss luxury goods conglomerate, saw jewelry sales from its Cartier, Van Cleef & ...
Richemont reported better-than-expected sales for its fiscal third quarter, in the midst of a downward trend in demand for luxury goods that is weighing on most high-end brands.
WHAT TO WATCH: -- JEWELRY RESILIENCE: The strength of Richemont lies in its exposure to jewelry, which is a popular category, as it is seen as a long-term investment purchase, Barclays analysts ...
Furthermore, Richemont’s brands are set to capitalize on the trend of consumers gravitating towards branded jewelry with strong legacy and timeless appeal. The strategic focus on innovation and ...
Richemont’s Luxury Boom Surpasses Expectations - for more updated news from the diamonds industry world visit the Israeli ...
The crisis of the Chinese market does not stop luxury, which, having understood that it must necessarily meet other markets, ...
The owner of Cartier, Piaget, Chloe and Montblanc saw an uptick in US and European sales, as well as smaller declines in ...
Cartier owner Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division bucked a downturn in demand for high-end goods.