Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...
European stocks rose the most in over a month boosted by technology, autos and luxury shares as investors weighed Donald Trump’s tariff plans. The Stoxx 600 Index was up 1% at the close in ...
The pan-European STOXX 600 index closed 0.5% lower in light trade after the New Year holidays. China-exposed sectors such as miners, luxury stocks and automakers came under pressure even after a ...
"The luxury ... market analyst at IG Group, adding that there is a sense that this administration will "take a hard line on tariffs, but implementation of course takes a while." The European ...
The watchmaker faces challenges due to its strong dependence on China, where luxury spending has taken a significant hit.
(RTTNews) - European stocks closed on a mixed note on Friday ... Coca-Cola HBC and Fresnillo closed up 1 to 2%. British luxury brand Burberry soared nearly 10% after reporting a smaller-than ...