Richemont, whose brands include Cartier and ... while both domestic demand and tourists from North America and the Middle East sent European sales up by 19%. Jewellery sales were particularly ...
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Sales in the Asia-Pacific region fell 7% in the third quarter, dragged down by an 18% drop in China, Hong Kong, and Macau. Richemont reported healthier sales elsewhere in Asia, with "positive results" ...
Higher spending by North American and Middle Eastern tourists helped increase sales in Europe by 19%, triple estimates. Richemont owns Cartier and Van Cleef & Arpels, two sought-after jewelry brands.
The crisis of the Chinese market does not stop luxury, which, having understood that it must necessarily meet other markets, in the last three months has conquered the Americas, Europe, the Middle ...
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 ...
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 ...
European markets closed higher Thursday, with luxury stocks soaring on strong results from Cartier owner Richemont. The regional Stoxx 600 index provisionally ended the day 0.93% higher ...
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 ...
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