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 ...
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.
Richemont of Cartier and Van Cleef & Arpels fame just delivered spectacular third quarter results, ending December 31 with its luxury jewelry brand revenues up 14%. By contrast, Signet Jewelers ...
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 ...
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 ...
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 ...