Luxury’s downturn was preceded by a period of strong sales growth benefiting small and big players as home-bound ... according to Bank of America. Take Richemont, the company that owns Cartier ...

Richemont, owner of Cartier, reported a 10% year-on-year increase in Q3 sales, significantly surpassing expectations. This growth suggests a potential recovery in the luxury sector, despite ...

Investing.com -- Morgan Stanley (NYSE:MS) has upgraded Richemont SA (SIX:CFR) stock to Overweight and raised its price target to CHF 200 from CHF 148. With Richemont 's stock up 27% year-to-date ...

In a report released on January 29, Jon Cox from Kepler Capital maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with a price target of CHF175.00.

Johann Rupert is the richest man in South Africa, with control over three large holding companies – Richemont, Remgro and Reinet. The latest figures from Forbes show that Rupert is worth $13.6 ...

Richemont's surprise 10 percent uptick in third-quarter revenue sent a jolt of energy — and hope — through the markets, but analysts remain divided as to whether the luxury giant's success ...

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 ...

Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery Maisons division, aligned with our investment thesis. Despite a decline in ...

Rogerio Fujimori, an analyst from Stifel Nicolaus, maintained the Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report). The associated price target was raised to CHF152.00.

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 ...

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 ...