Chanel Inc. is cutting 70 roles in the US as the luxury fashion and beauty label warned it faces a more difficult economic ...

Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division ...

Cartier owner Richemont reported Thursday robust sales for the holiday ... But earlier this week, both Macy’s Inc. and Signet Jewelers Ltd., which operates such chains as Zales and Kay Jewelers, ...

Shares across the European luxury retail sector rose sharply on Thursday after Cartier-owner Richemont posted bumper Christmas jewellery sales. The sector has been in the doldrums as sales have ...

Strong sales at its jewelry brands—Buccellati, Cartier, Van Cleef & Arpels, and Vhernier—offset a decline in watch sales. Richemont said that it registered double-digit growth in the Americas ...

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 ...

Luxury goods stocks jumped on Thursday morning following Cartier-owner Richemont's (CFR.SW) surge in sales, prompting hopes of a turnaround for the sector. Richemont's third quarter trading update, ...

Cartier owner Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division bucked a downturn in demand for high-end goods.

Cartier owner Richemont reported Thursday robust ... But earlier this week, both Macy's Inc. and Signet Jewelers Ltd., which operates such chains as Zales and Kay Jewelers, announced disappointing ...

Luxury stocks across the world have been given a boost by Cartier-owner Richemont’s booming sales figures this morning. Richemont’s report, the first set of luxury results covering the festive ...

The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates. Richemont, whose brands include ...