Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Richemont's surprise 10 percent uptick in third-quarter revenue sent a jolt of energy - and hope - through the markets, but analysts remain divided as to whether the luxury giant's success signals a ...
Morgan Stanley (NYSE:MS) analysts upgraded the stock rating of luxury goods company Compagnie Financiere Richemont SA (JO:CFRJ) (CFR:SW) (OTC: CFRUY) from Equalweight to Overweight, simultaneously ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
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 ...
Richemont, the Swedish luxury conglomerate, has reached a market value of more than 100 billion Swiss francs (about 88.9 ...
Luxury goods stocks jumped on following Cartier-owner Richemont a surge in sales, prompting hopes of a turnaround for the sector.
Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...
Compagnie Financière Richemont SA, an investment holding company, engages in the luxury goods business. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments.
French conglomerate LVMH, traditionally among the last to disclose its financials during the reporting season, has delivered ...
If after Richemont’s good quarterly report we titled “ rejoicing ”, now we have to say that joys are doubling. Because ...
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