Luxury sales jump could be an early signal of the fashion segment's rebound
Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss ...
Overdone price hikes, the demise of ‘quiet luxury,’ and sluggish European tourism—here’s what Bank of America expects will shape luxury in 2025
We think that like the game of snakes and ladders, 2025 will see many ups and downs for the luxury sector,” Bank of America ...
Richemont’s Strong Sales Growth and Brand Performance Justify Buy Rating
Rogerio Fujimori, an analyst from Stifel Nicolaus, maintained the Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report). The ...
Richemont Rises And Signet Falls As Jewelry Market Splinters Between True And Accessible Luxury
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
Strong Buy: Richemont’s Growth Potential in the Luxury Jewelry Market
TD Cowen analyst Oliver Chen upgraded the rating on Compagnie Financiere Richemont SA (CFR – Research Report) to a Buy today, setting a price ...
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 ...
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 ...
Wall Street Journal2d
Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks
Cartier owner Richemont reported better-than-expected ... thanks to strength in its jewelry division—housing heavyweight brands like Cartier and Van Cleef & Arpels—which offset weaker watch ...
Luxury brands owner Richemont sees strong earnings despite China weakness
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
Reuters2d
Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround
Shares in Richemont, which also owns Swiss watch brands Piaget, IWC and Jaeger-LeCoultre, rose 14%. Bernstein analyst Luca Solca described Richemont's sales as "an encouraging sign and a ...
Reuters1d
European luxury stocks jump after Richemont smashes expectations
Investors will likely focus on how much of Richemont's strength is company- and brand-specific, rather than a reflection of a broader improvement in the sector, JPMorgan analysts said, concluding ...