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 luxury group’s Cartier jewelry.
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 ...
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 ...
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 ...
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 ...