Jan 24, 2025 · Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

Jan 16, 2025 · The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.

Jan 16, 2025 · European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by ...

Jan 16, 2025 · Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.

Jan 16, 2025 · Jewellery sales were particularly strong, up 14%, offsetting an 8% decline in watches. Swiss-listed Richemont (CH:CFR) shares rose as much as 18% in its best day ever, according to FactSet data.

Jan 16, 2025 · American shoppers seem to be snapping up luxury again, but investors should still shop carefully. European luxury stocks rose across the board Thursday after Richemont's far better-than-expected...

Cartier owner Richemont agreed to sell its e-commerce business Yoox Net-A-Porter to luxury online platform Mytheresa, nearly a year after a previous attempt at offloading the loss-making business...

Swiss luxury group Richemont reported third-quarter sales that topped Bloomberg Consensus estimates, fueling a rally in European luxury goods stocks. The earnings have ignited optimism that " demand for high-end goods may be recovering," Goldman Sachs analysts told clients.

Nov 10, 2024 · Compagnie Financiere Richemont SA (CFR – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Oliver Chen from TD Cowen maintained a Hold...

Jan 16, 2025 · The Swiss company’s sales jumped 10% year-on-year to 6.2 billion euros ($6.37 billion) for the three months till December-end. Richemont (SIX: CFR) also owns high-end …