Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Over in Paris, LVMH slumped 5.1%. The Paris-based luxury goods firm late Tuesday reported net income of EUR12.6 billion, down 17% from EUR15.2 billion a year prior, as revenue fell 1.7% to EUR84.7 ...
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Burberry reported a smaller than expected 4% drop in quarterly comparable store sales on Friday, helped by a stronger holiday ...
Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh ...
Analysts are cautious, having chopped their estimates for fourth-quarter earnings growth to 1.5% from the previous year - or ...
Richemont's surprise 10 percent uptick in third-quarter revenue sent a jolt of energy - and hope - through the markets, but ...
Grund will join the supervisory board of Mytheresa once its deal to buy Yoox Net-a-porter from Richemont is completed, which ...
Sales in Richemont's Asia-Pacific region fell seven ... while Burberry forged higher in London. London rose more than one percent even as data showed the UK economy expanded at a slower pace ...
NEW YORK: Angelina Rascouet Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss luxury conglomerate’s Cartier products.
Shares in the luxury goods sector soared as Richemont said sales jumped 10 per ... raise fears they could be next to be poached off the London bourse by private equity sharks.