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

Burberry Group Plc shares surged after a pickup in US demand boosted the trench-coat maker’s results, raising investor hopes ...

In a report released today, Thomas Chauvet from Citi maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with ...

It’s taken LVMH nearly a year-and-a-half to regain its spot as Europe’s biggest stock from Novo Nordisk A/S. The Danish drugmaker’s shares fell more than 4% on Friday after its blockbuster Ozempic and ...

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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 ...

Richemont, Johann Rupert’s golden child in the luxury goods industry, has delivered an unexpected boost for the industry with a remarkable sales surge during the holiday season. The company ...

In contrast, they soared 22% in the Americas and by 19% in Europe and in Japan. Richemont said it had been a "very solid end" to the calendar year, with a marked improvement over the first half ...

Luxury stocks across the world have been given a boost by Cartier-owner Richemont’s booming sales figures this morning. Richemont’s report, the first set of luxury results covering the festive ...

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 sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss luxury group’s Cartier jewellery. Sales at constant exchange rates ...

ZURICH (Reuters) -Richemont, the owner of Cartier jewellery ... followed by Gucci-owner Kering and Birkin bag maker Hermes in February.