Richemont sales unexpectedly jumped by a double-digit percentage during the holiday shopping season as consumers splurged on Cartier jewelry, lifting shares across the luxury-goods sector on hopes of ...

Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.

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 ...

Richemont reported better-than-expected sales, up 10% compared with the prior-year period, in the midst of a downward trend ...

Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...

Richemont reported a year-over-year sales uptick of 10% to a record 6.15 billion euros, or approximately $6.33 billion, for the third quarter of the year ended Dec. 31, 2024, according to a ...

Investors were excited as Cartier owner Richemont's third-quarter sales beat expectations and revived optimism for the battered sector.Company shares jumped 14%.The Swiss company's sales jumped by a ...

Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery Maisons division, aligned with our investment thesis. Despite a decline in ...

The mixed open for European stocks comes after global markets rallied on Wednesday after U.S. consumer price inflation came ...

Analyst Rogerio Fujimori from Stifel Nicolaus maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) and ...

Compagnie Financière Richemont SA, an investment holding company, engages in the luxury goods business. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments.

Despite Chinese sales dropping 18%, Richemont reports 10% increase The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as ...