Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector ...

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...

Over in Paris, LVMH slumped 5.1%. The Paris-based luxury goods firm late Tuesday reported net income of EUR12.6 billion, down 17% from EUR15.2 billion a year prior, as revenue fell 1.7% to EUR84.7 ...

Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

Burberry reported a smaller than expected 4% drop in quarterly comparable store sales on Friday, helped by a stronger holiday ...

Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh ...

Analysts are cautious, having chopped their estimates for fourth-quarter earnings growth to 1.5% from the previous year - or ...

LONDON (Reuters) – U.S. shares and bond prices held on to ... The trend was seen elsewhere in the world too. In Europe, Richemont, the owner of Cartier jewellery, jumped 15% on Thursday after its ...

Sales in Richemont's Asia-Pacific region fell seven ... while Burberry forged higher in London. London rose more than one percent even as data showed the UK economy expanded at a slower pace ...

Follow us on Facebook and join our Telegram channel for the latest updates. Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier ...

LONDON — Richemont has begun 2025 with a bang, surprising the markets with a 10 percent uptick in third-quarter revenue that sent luxury share prices soaring. Following an unexpectedly strong ...