Richemont, the owner of Cartier jewellery, beat market expectations for third-quarter sales on Thursday, fuelling hopes that the luxury sector could be coming out of its recent downturn. The Swiss ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.
Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...
The ceremony, hosted by journalist Cristina d'Agostino, took place at the prestigious Musée international d'horlogerie in La ...
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
SWISS luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs (S$149.2 billion) for the first time, bolstered by the appeal of its blockbuster jewellery label Cartier.
For the past couple of years, the luxury retail sector has been mired by a slowdown in sales and consumer and economic woes in China and beyond.
The owner of Cartier, Piaget, Chloe and Montblanc saw an uptick in US and European sales, as well as smaller declines in ...
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 ...