Richemont of Cartier and Van Cleef & Arpels fame just delivered spectacular third quarter results, ending December 31 with its luxury jewelry brand revenues up 14%. By contrast, Signet Jewelers ...
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 ...
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 ...
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 ...
Richemont, owner of Cartier, reported a 10% year-on-year increase in Q3 sales, significantly surpassing expectations. This growth suggests a potential recovery in the luxury sector, despite ...
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 ...
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 ...
In a report released today, Thomas Chauvet from Citi maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with a price target of CHF193.00. According to TipRanks ...
Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier jewellery, a tentative sign that demand for luxury goods may be recovering.
On Thursday afternoon luxury conglomerate Richemont revealed that it saw a 10% increase in sales during the three months ending at the New Year, a key period for luxury performance. The positive ...
Luxury goods stocks jumped on Thursday morning following Cartier-owner Richemont's (CFR.SW) surge in sales, prompting hopes of a turnaround for the sector. Richemont's third quarter trading update, ...
Luxury stocks across the world have been given a boost by Cartier-owner Richemont’s booming sales figures this morning. Richemont’s report, the first set of luxury results covering the festive ...