Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

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

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

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...

Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...

Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...

Richemont outstripped expectations with a 10 percent jump in revenue during the key holiday quarter, offering hope that ...

While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...

Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...

Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.

Compagnie Financière Richemont SA, an investment holding company, engages in the luxury goods business. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments.

Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...