Compagnie Financiere Richemont SA (CFR) Receives a Buy from Kepler Capital
In a report released on January 29, Jon Cox from Kepler Capital maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research ...
MoneyWeek7d
Luxury stocks rally after Richemont sales boom – is there hope for the sector?
Shares in Richemont jumped 15% on 16 January after the luxury group reported a strong holiday season, says Laure Guilbault in Vogue Business. Sales grew by 10% year on year in the fourth quarter ...
Compagnie Financiere Richemont SA (CFR) Gets a Buy from Citi
In a report released today, Thomas Chauvet from Citi maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with ...
Seeking Alpha12d
Richemont: Supportive Holiday Sales, Now A Pricey Valuation (Rating Downgrade)
We moved our rating to neutral. As usual, there was no guidance and no call with Richemont's management team. Still, the company's Q3 group sales reached €6.15 billion (the highest ever ...
Forbes13d
Richemont Rises And Signet Falls As Jewelry Market Splinters Between True And Accessible Luxury
Richemont of Cartier and Van Cleef & Arpels ... LVMH reported revenues dropped 5% in its Watches & Jewelry group to $8.2 billion (€8 billion) or down 3% on an organic basis.
Business Wire9d
Mytheresa Announces Supervisory Board Nomination of Richemont Group CFO Burkhart Grund as Additional Board Member Upon Closing of Mytheresa’s YNAP Acquisition
Burkhart Grund started his Richemont career in 2000 as CFO of Montblanc in France, before becoming CFO of Van Cleef & Arpels and later Group Deputy Finance Director before his appointment to the ...
The Financial Times15d
Cartier-owner Richemont beats expectations as jewellery sales boom
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Swiss luxury group Richemont sparked a surge in luxury stocks on Thursday as it reported stronger than ...
Wall Street Journal14d
Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks
Cartier owner Richemont reported better-than-expected ... bucked a downturn in demand for high-end goods. The Swiss luxury group said it achieved its highest-ever quarterly sales in the three ...
MarketWatch14d
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
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 ...
The Sunday Business Post15d
Richemont’s sales soar in early sign of luxury recovery
Richemont said Thursday. Analysts had expected a gain of less than 1 per cent. The Americas and Europe drove the performance, with purchases of expensive jewellery offsetting weak watch sales, which ...
Investopedia14d
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
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 ...
retail.economictimes.indiatimes13d
Cartier owner Richemont sales surge shows strength of top end luxury
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 ...