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 ...

Shares of Richemont rose after the Cartier owner logged better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry unit bucked a downturn in demand for high ...

Follow us on Facebook and join our Telegram channel for the latest updates. Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier ...

LONDON — Richemont has begun 2025 with a bang, surprising the markets with a 10 percent uptick in third-quarter revenue that sent luxury share prices soaring. Following an unexpectedly strong ...

Luxury goods stocks jumped on Thursday morning following Cartier-owner Richemont's (CFR.SW) surge in sales, prompting hopes of a turnaround for the sector. Richemont's third quarter trading update, ...

Raul Ariano / Bloomberg via Getty Images European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales. Richemont's results raised investor hopes that the ...

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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 ...