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Richemont, Cartier
Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks
Richemont reported better-than-expected sales, up 10% compared with the prior-year period, in the midst of a downward trend in demand for luxury goods that is weighing on most high-end brands.
Cartier owner Richemont sales surge shows strength of top end luxury
Richemont, the owner of Cartier jewellery, beat market expectations for third-quarter sales on Thursday, fuelling hopes that the luxury sector could be coming out of its recent downturn. The Swiss company's sales jumped 10% year-on-year to 6.
Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter sales, while France's LVMH, Kering and Christian Dior all rising. Retailers Moncler, Burberry, Swatch and Hermes also crowded around the top of the Stoxx index.
Richemont Sales Soar in Early Sign of Luxury Recovery
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 sector on hopes of a rebound.
Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround
Richemont , the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year sales that exceeded expectations, sending shares higher across the sector.
6h
Kepler Capital Keeps Their Buy Rating on Compagnie Financiere Richemont SA (CFR)
Kepler Capital analyst Jon Cox maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) on January 16 and set a ...
2d
European luxury stocks jump after Richemont smashes expectations
European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the ...
voguebusiness
1d
Richemont sales rise 10% in Q3
The Swiss luxury conglomerate starts the year on a high note by reporting a strong sales beat, signalling signs of life for ...
2d
Richemont Q3 Sales Climb, Despite Weak China Sales
Compagnie Financiere Richemont AG (CFRUY.PK), a Swiss luxury goods company,reported Thursday that its total sales for the third ...
2d
Richemont Expected to Benefit From Jewelry Heavyweight Brands -- Earnings Preview
SALES FORECAST: The owner of Cartier and Van Cleef & Arpels should report sales of 5.63 billion euros ($5.80 billion) for the quarter ended Dec. 31, according to a poll of estimates by 13 analysts ...
1d
Sales sparkle at Richemont, shares soar
Shares in Richemont soared on Thursday, after third-quarter sales at the luxury goods giant smashed expectations.
Fashion United
2d
Richemont: Q3 sales increase by 10 percent to 6.15 billion euros
Swiss luxury giant Richemont reported better-than-expected sales for its third quarter on Thursday, despite pressure on ...
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