Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
The luxury firm saw a 10% uptick in the quarter, with fashion and accessories also showing double-digit growth.
Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier jewelry, a tentative sign that demand for luxury goods may be recovering.
(IDEX Online) - Richemont, the Swiss luxury goods conglomerate, saw jewelry sales from its Cartier, Van Cleef & ...
Furthermore, Richemont’s brands are set to capitalize on the trend of consumers gravitating towards branded jewelry with strong legacy and timeless appeal. The strategic focus on innovation and ...
WHAT TO WATCH: -- JEWELRY RESILIENCE: The strength of Richemont lies in its exposure to jewelry, which is a popular category, as it is seen as a long-term investment purchase, Barclays analysts ...
The crisis of the Chinese market does not stop luxury, which, having understood that it must necessarily meet other markets, ...
Richemont outstripped expectations with a 10 percent jump in revenue during the key holiday quarter, offering hope that ...
Richemont’s Luxury Boom Surpasses Expectations - for more updated news from the diamonds industry world visit the Israeli ...
Compagnie Financière Richemont SA, an investment holding company ... It is involved in the design, manufacture, and distribution of jewelry products, precision timepieces, watches, writing ...
The owner of Cartier, Piaget, Chloe and Montblanc saw an uptick in US and European sales, as well as smaller declines in ...