Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery Maisons division, aligned with our investment thesis. Despite a decline in ...
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Revenue for the first nine months reached €16.2 billion, up +3% year-on-year, buoyed by a record high sales performance in Q3 ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
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 reported healthier sales elsewhere in Asia, with "positive results" ...
French conglomerate LVMH, traditionally among the last to disclose its financials during the reporting season, has delivered ...
In this week’s fashion headlines, the FW25 season arrived with newcomers debuting and familiar faces returning, luxury shares ...
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust earnings lifted rival share prices, buoying the European luxury sector on ...
Luxury goods stocks jumped on following Cartier-owner Richemont a surge in sales, prompting hopes of a turnaround for the ...
Sales rocketed 22 percent in the Americas region, while in mainland China, Hong Kong and Macau they were down 18 percent in the three months to Dec. 31.
Richemont's third quarter trading update ... "The largest and most profitable division, Jewellery Maisons, delivered organic growth of 14%, beating consensus by 10 percentage points, and this ...