Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
(Bloomberg) -- Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss luxury group’s Cartier jewelry. Sales at constant ...
WHAT TO WATCH: -- JEWELRY RESILIENCE: The strength of Richemont lies in its exposure to jewelry, which is a popular category, as it is seen as a long-term investment purchase, Barclays analysts ...
In its retail channel, third quarter sales grew 11%, led by Richemont’s jewelry houses. This division, which includes Buccellati, Cartier, Van Cleef & Arpels and Vhernier, makes up 71% of the ...
Furthermore, Richemont’s brands are set to capitalize on the trend of consumers gravitating towards branded jewelry with strong legacy and timeless appeal. The strategic focus on innovation and ...
Investing.com -- Luxury goods group Compagnie Financière Richemont (SIX:CFR) has been upgraded to a "buy" rating by analysts at TD Cowen, citing strong prospects for its jewelry division ...
Compagnie Financière Richemont SA, an investment holding company ... It is involved in the design, manufacture, and distribution of jewelry products, precision timepieces, watches, writing ...
LONDON — Richemont has begun 2025 with a bang ... and a strong dollar. Sales in the jewelry division rose 14 percent compared with analysts’ projections of 4 percent. The increase came ...
The company’s already ample net cash position swelled further. Richemont’s jewelry division had a standout Christmas, especially in the U.S, where record stock market valuations, the strong ...
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 ...
Investing.com -- Luxury goods group Compagnie Financière Richemont (SIX:CFR) has been upgraded to a "buy" rating by analysts at TD Cowen, citing strong prospects for its jewelry division, particularly ...