Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Richemont reported healthier sales elsewhere in Asia, with "positive results" in most countries and double-digit growth in South Korea. In Japan, whose performance is counted separately from the rest ...
The crisis of the Chinese market does not stop luxury, which, having understood that it must necessarily meet other markets, ...
Analyst Rogerio Fujimori from Stifel Nicolaus maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) and ...
Richemont booked its highest-ever quarterly sales, thanks to double-digit growth in the Americas, Europe, Middle East, Africa ...
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust earnings lifted rival share prices, buoying the European luxury sector on ...
The luxury firm saw a 10% uptick in the quarter, with fashion and accessories also showing double-digit growth.
Luxury goods stocks jumped on following Cartier-owner Richemont a surge in sales, prompting hopes of a turnaround for the ...
ZURICH (Reuters) -Richemont, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year sales that exceeded expectations, ...
Shares in Richemont soared on Thursday, after third-quarter sales at the luxury goods giant smashed expectations.
In the final month of 2024, exports of watches between 200 and 500 Swiss francs were the hardest hit, with a drop of 13.2 ...