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 of Richemont rose after the Cartier owner logged better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry unit bucked a downturn in demand for high ...
Follow us on Facebook and join our Telegram channel for the latest updates. Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier ...
LONDON — Richemont has begun 2025 with a bang, surprising the markets with a 10 percent uptick in third-quarter revenue that sent luxury share prices soaring. Following an unexpectedly strong ...
Shares across the European luxury retail sector rose sharply on Thursday after Cartier-owner Richemont posted bumper Christmas jewellery sales. The sector has been in the doldrums as sales have ...
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 ...
Cartier owner Richemont on Thursday reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales rose to 6.2 billion euros ($6.38 billion) at constant exchange rates ...
Richemont, Johann Rupert’s golden child in the luxury goods industry, has delivered an unexpected boost for the industry with a remarkable sales surge during the holiday season. The company ...
From 17 to 20 January, vintage and fine jewellery and watches will be celebrated at VO Vintage, organised by the Italian ...
Luxury stocks across the world have been given a boost by Cartier-owner Richemont’s booming sales figures this morning. Richemont’s report, the first set of luxury results covering the festive ...
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 ...
Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss luxury group’s Cartier jewellery. Sales at constant exchange rates ...