Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
Luxury goods stocks jumped on following Cartier-owner Richemont a surge in sales, prompting hopes of a turnaround for the ...
Analyst Rogerio Fujimori from Stifel Nicolaus maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) and ...
In a report released today, Thomas Chauvet from Citi maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with ...
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
Swiss luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs (R2 trillion) for the first time, bolstered by the appeal of its blockbuster jewellery label Cartier.
We moved our rating to neutral. As usual, there was no guidance and no call with Richemont's management team. Still, the company's Q3 group sales reached €6.15 billion (the highest ever ...
The company's performance lifted shares and provided optimism for the high-end market during the holiday season. Richemont, the owner of Cartier jewellery, beat market expectations for third ...
Potential changes in succession were also noted as factors that could influence the company's future. The analysis by Citi underscores Richemont's effective 'pay-as-you-go' approach to cost and ...
European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak ...