European Luxury Stocks Rise After Cartier Owner Richemont …
1 day ago · The stock jumped more than 17% to 163.60 Swiss francs in European morning trading, its biggest one-day percentage gain ever. Luxury bellwether LVMH rose 8.4%, while French peers Kering and Hermes ...
European luxury stocks jump after Richemont smashes …
1 day ago · Jan 16 (Reuters) - European luxury shares soared on Thursday as Cartier owner Richemont's (CFR.S), opens new tab third-quarter sales beat revived optimism for the battered sector. Richemont shares ...
European stocks rise as luxury stocks and chipmakers make gains
1 day ago · European shares rose nearly 1 per cent on Thursday, with luxury stocks boosted by Richemont’s upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit.
European Luxury Stocks Jump on Richemont's Record Quarterly …
1 day ago · European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by ...
European luxury stocks jump after Richemont smashes …
1 day ago · At 0831 GMT shares in French luxury companies LVMH and Gucci owner Kering were both up around 7%. Italy's Moncler was up around 7.7% and Burberry rose some 6%. A broader index of European luxury stocks soared over 7%, set for its largest one-day rally since its inception in May 2022.
Luxury firms, chipmakers lift Europe's STOXX 600 to five-week high
1 day ago · European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit.
European Midday Briefing: Luxury Stocks Soar After Richemont …
1 day ago · European stocks climbed on Thursday, building on Wednesday's gains, after a cease-fire deal between Israel and Hamas and a number of earnings updates fueled investor optimism. Luxury stocks were ...
Luxury brands owner Richemont sees strong earnings despite …
20 hours ago · Richemont has been a standout performer among European luxury goods stocks, with its share price up 21% in 2024. In contrast, other major players such as LVMH and Kering posted negative returns ...
LVMH overtakes Novo Nordisk as Europe’s most valuable company
10 hours ago · Luxury goods groups drive European stocks to highest level in a month. While investors are excited to see green shoots in luxury again, Richemont’s strong results may not be replicated across ...
European luxury stocks jump after Richemont smashes …
1 day ago · A broader index of European luxury stocks soared over 7%, set for its largest one-day rally since its inception in May 2022. (Reporting by Linda Pasquini and Samuel Indyk; Editing by Amanda Cooper
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