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European luxury stocks jump
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
KEY TAKEAWAYS European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales.Richemont's results raised investor hopes that the high-end sector is recovering from the slump induced by weak Chinese demand.
European Luxury Stocks Rise After Cartier Owner Richemont Beats Expectations
Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, providing some relief at a time when the sector contends with sliding demand.
European luxury stocks jump after Richemont smashes expectations
European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the battered sector. Richemont shares jumped around 16% to an all-time high of 161.
2d
Luxury firms, chipmakers lift Europe's STOXX 600 to five-week high
European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and ...
2d
Heard on the Street: Luxury Investors Press ‘Buy Now’ Too Early After Richemont Earnings
American shoppers seem to be snapping up luxury again, but investors should still shop carefully. [European luxury stocks rose]( ...
San Francisco Examiner
1d
Wall Street rally loses steam as European luxury shares advance
Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed ...
1d
on MSN
LVMH Regains Title of Europe’s Most Valuable Stock From Novo
It’s taken LVMH nearly a year-and-a-half to regain its spot as Europe’s biggest stock from Novo Nordisk A/S. The Danish ...
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