Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.
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.
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
The owner of Cartier, Piaget, Chloe and Montblanc saw an uptick in US and European sales, as well as smaller declines in ...
While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...
Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector ...
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...