CEO at Chloé and Maison Margiela, has been named managing director of the Qatari company, parent of Valentino and Balmain.

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 ...

Richemont’s watch segment also beat estimates, with revenue falling less than expected. “Although still fragile, the market is showing signs of stabilization” in China, Vontobel analyst Jean-Philippe ...

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 ...

Luxury goods stocks jumped on Thursday morning following Cartier-owner Richemont's (CFR.SW) surge in sales, prompting hopes of a turnaround for the sector. Richemont's third quarter trading update, ...

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 ...

Even Richemont’s watch division, which has faced headwinds, fared better than anticipated, with revenue declines proving less severe than feared. As Vontobel analyst Jean-Philippe Bertschy noted ...

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 ...