The Swiss luxury conglomerate starts the year on a high note by reporting a strong sales beat, signalling signs of life for ...
CNBC's Charlotte Reed reviews the quarterly results of Cartier owner Richemont. China has been stockpiling a key US crop before Trump takes office The 40 greatest TV shows ever made that only lasted a ...
Nike’s DTC exec Mary Beth Laughton will lead REI as president and CEO while Sephora North America CEO Artemis Park joins Levi ...
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
The mixed open for European stocks comes after global markets rallied on Wednesday after U.S. consumer price inflation came ...
Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.
Monique Pollard, head of European retail ... Shares of Cartier owner Richemont jumped on Thursday, pulling other luxury stocks higher, after the Swiss group reported a 10% increase in fiscal ...
Richemont shares closed 16.36% higher on Thursday ... The stock jumped on the May appointment of new CEO Nicolas Bos, former head of the group's Van Cleef & Arpels jewellery brand.
LVMH, the €350bn industry bellwether that owns brands including Dior and Louis Vuitton, is the luxury company with the biggest exposure to the better-performing US market, according to HSBC.
China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales ...