Scarves Are Flying at Burberry, Which Outstripped Expectations in Key Christmas Quarter
The luxury rebound is gaining traction, with the latest proof coming from Burberry, where sales outstripped market ...
Tariffs On Swiss Watches: What It Could Mean For U.S. Consumers
Trump's universal tariffs could have a significant impact on the Swiss watch industry, affecting pricing strategies, consumer ...
Daily Maverick9d
The Finance Ghost — Rupert lights up Reinet’s war chest with £1.22bn BAT exit
Johann Rupert’s full exit from British American Tobacco goodbye raised a packet for Reinet. Will they invest this fortune in a new core asset, or spread it across the various funds they have already ...
Israeli Diamond11d
Richemont’s Luxury Boom Surpasses Expectations
Richemont’s Luxury Boom Surpasses Expectations - for more updated news from the diamonds industry world visit the Israeli ...
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 ...
Yahoo Finance14d
Richemont’s Surprise Revenue Gain Lifts Luxury Stocks, Offering Hope to Brand Owners, Investors
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 ...
ThePrint14d
US stocks and bonds cling on to inflation-driven gains
U.S. shares and bond prices held on to their inflation-inspired gains from the previous session on Thursday as traders digested data showing a small increase in U.S.
This is Money14d
Luxury shares soar as Cartier-owner Richemont sees jewellery sales boom
Shares across the European luxury retail sector rose sharply on Thursday after Cartier-owner Richemont posted bumper Christmas jewellery sales. The sector has been in the doldrums as sales have ...
Yahoo Finance14d
Luxury stocks soar as Richemont sparks rally and hopes of sector turnaround
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, ...
Investopedia14d
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
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 Motley Fool14d
Why LVMH Stock Popped Today
A strong quarter from Richemont lifted luxury stocks, including LVMH. LVMH and Richemont have both struggled in China. The report bodes well for LVMH's upcoming results. As of 1:07 p.m. ET ...
NBC New York14d
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales rose to 6.2 billion euros ($6.38 billion) at constant exchange rates ...