Cartier owner Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division bucked a downturn in demand for high-end goods.

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 ...

Jan 16 (Reuters) - European luxury shares soared on Thursday as Cartier owner Richemont's (CFR.S), opens new tab third-quarter sales beat revived optimism for the battered sector. Richemont shares ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Swiss luxury group Richemont reported stronger than expected sales in the final three months of 2024 ...

TD Cowen analyst Oliver Chen upgraded the rating on Compagnie Financiere Richemont SA (CFR – Research Report) to a Buy today, setting a price target of CHF163.00. Discover outperforming stocks ...

Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss luxury group’s Cartier jewellery. Sales at constant exchange rates ...

After drinking for a marathon 12 hours, it was little surprise that Gareth Gates should be the worse for wear. But for the onlookers who stumbled across him as they breakfasted in the Lowry Hotel ...

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As revealed in Duquesne's latest 13F regulatory filing, its top five stocks as of mid-November 2024 were Natera (NASDAQ: NTRA), Coupang (NYSE: CPNG), Coherent (NYSE: COHR), Woodward (NASDAQ ...

Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss luxury conglomerate’s Cartier products. Sales at constant exchange rates ...

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