Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
In a report released today, Carole Madjo from Barclays maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), ...
J.P. Morgan analyst Chiara Battistini maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) today and set a ...
Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...
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 ...
Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter ...
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 ...
Swiss plumbing products maker Geberit expects the construction market in the United States to be stable this year, Chief ...
ZURICH (Reuters) -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 ...
Though Richemont’s greater exposure to jewellery gives it some insulation from the volatility of other fashion categories, rivals also rose on the news. LVMH gained as much as 8.6 per cent in Paris, ...
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.
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 ...