Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss ...
Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division ...
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 ...
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 ...
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 ...
Compagnie Financière Richemont SA, an investment holding company ... It is involved in the design, manufacture, and distribution of jewelry products, precision timepieces, watches, writing ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Swiss luxury group Richemont sparked a surge in luxury stocks on Thursday as it reported stronger than ...
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 ...