Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world
Sales in the Asia-Pacific region fell 7% in the third quarter, dragged down by an 18% drop in China, Hong Kong, and Macau.
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 ...
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora ...
Richemont stock is surging by the most it's ever done in one day. Other luxury plays are jumping too.
Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora ...
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Cartier owner posts record sales despite China slump
Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was ...
European equities rise overall as TSMC guides strong and Richemont gives luxury stocks a surge
- Canada's response to US trade policies includes C$150B in retaliatory tariffs, escalating tensions. Simultaneously, there's ...
Richemont's share price soars after strong third quarter sales performance
The €6. 2 billion sales of the group’s branded luxury jewellery and accessories at constant and actual exchange rates ...
U.S. Stocks May See Initial Strength As Treasury Yields Extend Pullback
The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to move back to the upside after ...
Closing Bell: Sensex Ends 423 Points Lower, Nifty At 23,203; Infosys Slips 6%
On Wall Street, major indices declined after their biggest daily percentage gains since the November 6 rally post the US ...
US stock futures mostly flat as markets eye key earnings, economic data
Of the 28 companies in the S&P 500 that have reported fourth-quarter earnings, 82.1% have exceeded estimates, according to ...
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Dow Futures Pull Back After Stellar Wednesday Win
Futures on the Dow Jones Industrial Average (DJI) are pointed firmly lower, following yesterday's 703-point pop, while S&P ...
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Euphoric stocks and falling bond yields: it's the effect of a more dovish Fed. Now it's Trump's turn
Expectations of a still accommodating Fed and strong data from the big US banks were the main stimuli for the great upward ...