RBC Capital Markets updated its outlook on Compagnie Financiere Richemont SA (JO:CFRJ) (CFR:SW) (OTC: CFRUY), increasing the ...

European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the battered sector. Francis Maguire reports.

On Thursday afternoon luxury conglomerate Richemont revealed that it saw a 10% increase in sales during the three months ending at the New Year, a key period for luxury performance. The positive ...

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 ...

Europe markets are expected to open in mixed territory, retreating from gains in the previous trading session after a cooler-than-expected U.S. inflation print.

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 ...

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'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 ...

LONDON — Sales at Richemont surged 10 percent to 6.2 billion euros in the three months ending Dec. 31, with double-digit gains in all regions except for China, where demand continues to stagnate.

The move higher comes as shares of Swiss Cartier-owner Richemont soared Thursday after the company reported a better-than-expected 10% increase in fiscal third-quarter sales. The S&P 500 and ...