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Cartier, Richemont
Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world
Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was offset by robust demand in other regions. The group said sales reached €6.2 billion ($6.
Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround
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, sending shares higher across the sector.
Luxury shares soar as Cartier-owner Richemont sees jewellery sales boom
For the past couple of years, the luxury retail sector has been mired by a slowdown in sales and consumer and economic woes in China and beyond.
2d
Richemont Sales Bounce 10% in Q3, With Strong Gains Worldwide, Except China
Sales rocketed 22 percent in the Americas region, while in Mainland China, Hong Kong and Macau they were down 18 percent in ...
2d
Richemont Q3 Sales Climb, Despite Weak China Sales
Compagnie Financiere Richemont AG (CFRUY.PK), a Swiss luxury goods company,reported Thursday that its total sales for the third ...
2d
Luxury groups pin hopes on US as China weakness persists
Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...
1d
European luxury stocks jump after Richemont smashes expectations
Investors were excited as Cartier owner Richemont's third-quarter sales beat expectations and revived optimism for the ...
2d
Richemont's sales jump in Q3, boosted by jewellery, despite China weakness
Investing.com -- Luxury goods giant Richemont (SIX: CFR ), the owner of Cartier and other high-end brands, reported a 10% ...
1d
Richemont Sales Surge 10% Triggering Boost for LVMH and Hermès Shares
The owner of Cartier, Piaget, Chloe and Montblanc saw an uptick in US and European sales, as well as smaller declines in ...
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