European Luxury Stocks Drop

European Luxury Stocks Drop After LVMH Tempers Enthusiasm for Sector Rebound
Shares slumped on industry bellwether LVMH failing to meet the bar set by rivals in recent weeks, denting hopes of a recovery in the sector.
European luxury stocks jump after Richemont smashes expectations
European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the battered sector.
Luxury goods groups drive European stocks to highest level in a month
European stocks rose to hit their highest level in a month on Thursday as heavyweight luxury companies were boosted by buoyant sales from Swiss group Richemont. The broad-based Stoxx 600 index rose 0.
Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a mixed set of results from Louis Vuitton’s owner, LVMH. After [Burberry](
European Stocks Surge: Luxury and Tech Lead the Way
European stocks surged on Thursday as luxury and tech sectors flourished. Richemont's strong earnings pushed luxury shares higher, with Cartier's owner seeing a 15% rise. Taiwan Semiconductor's record profit boosted the tech index.
LVMH earnings highlight uneven recovery in the luxury goods sector
LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results slightly exceeded analysts' estimates for overall performance. View on euronews

European shares hit record high

European luxury stocks rally as Richemont posts record quarterly sales
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
Europe's STOXX 600 at Five-Week High as Luxury Firms, Chipmakers Jump
Rival LVMH jumped 7.8%, while a gauge of European luxury firms advanced 6.8%, set for its best day since 2022. The tech index ...
Investopedia on MSN13d
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales. Richemont's ...
European markets near an all-time high ahead of earnings season
European stock markets continued their climb, with the DAX repeatedly reaching new highs this week. Performance was driven by ...
Morningstar13d
European Luxury Stocks Rise After Cartier Owner Richemont Beats Expectations
The stock jumped more than 17% to 163.60 Swiss francs in European morning trading, its biggest one-day percentage gain ever. Luxury bellwether LVMH rose 8.4%, while French peers Kering and ...
Hedge funds buy luxury, short drink and driving in Europe, says Goldman Sachs
Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, ...