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 ...
Richemont of Cartier and Van Cleef & Arpels fame just delivered spectacular third quarter results, ending December 31 with its luxury jewelry brand revenues up 14%. By contrast, Signet Jewelers ...
Morgan Stanley (NYSE: MS) has upgraded Richemont SA (SIX: CFR) stock to Overweight and raised its price target to CHF 200 ...
Richemont has been a standout performer among European luxury goods stocks, with its share price up 21% in 2024. In contrast, other major players such as LVMH and Kering posted negative returns ...
Luxury goods stocks jumped on Thursday morning following Cartier-owner Richemont's (CFR.SW) surge in sales, prompting hopes of a turnaround for the sector. Richemont's third quarter trading update ...
Richemont's surprise 10 percent uptick in third-quarter revenue sent a jolt of energy — and hope — through the markets, but analysts remain divided as to whether the luxury giant's success signals a ...
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 ...
(Bloomberg) -- Richemont sales unexpectedly jumped by a double-digit percentage during the holiday shopping season as consumers splurged on Cartier jewelry, lifting shares across the luxury-goods ...
Executives said on earnings calls last week that luxury brands like Ralph Lauren, Coach, and Kate Spade are moving away from markdowns amid early signs the luxury market is recovering from two years ...
ZURICH, Jan 16 (Reuters) - Richemont (CFR.S), opens new tab, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...