Shares in Richemont jumped 15% on 16 January after the luxury group reported a strong holiday season, says Laure Guilbault in Vogue Business. Sales grew by 10% year on year in the fourth quarter ...
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates. Richemont, whose brands include ...
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.
LONDON — Richemont has begun 2025 with a bang, surprising the markets with a 10 percent uptick in third-quarter revenue that sent luxury share prices soaring. Following an unexpectedly strong ...
Raul Ariano / Bloomberg via Getty Images European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales. Richemont's results raised investor hopes that the ...
Europe markets are expected to open in mixed territory, retreating from gains in the previous trading session after a cooler-than-expected U.S. inflation print.
Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery Maisons division, aligned with our investment thesis. Despite a decline in ...
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.