The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.

Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

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 ...

In Europe, sales were up 19 percent, fueled by higher domestic demand and tourist spending, mainly from North American and Middle Eastern customers. Richemont said all the main countries in Europe ...

Richemont said sales in the Americas and Europe were up 22 per cent and 19 per cent, respectively. The Americas was boosted by “strong local demand”, while Europe was “fuelled by higher domestic ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Swiss luxury group Richemont sparked a surge in luxury stocks on Thursday as it reported stronger than ...

Richemont, whose brands include Cartier and ... while both domestic demand and tourists from North America and the Middle East sent European sales up by 19%. Jewellery sales were particularly ...

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 ...