Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks
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.
Richemont smashes expectations as jewellery sales boom
3 days ago · Swiss luxury group Richemont sparked a surge in luxury stocks on Thursday as it reported stronger than expected sales in the final three months of 2024, boosted by demand in …
Richemont Rises And Signet Falls As Jewelry Market Splinters
1 day ago · Richemont’s strong third report, which beat analysts’ expectations, led to a 17% rise in Richemont shares, its biggest one-day percentage increase ever, according to the Wall Street …
Luxury Stocks Jump on Strong Sales Update From Cartier Owner Richemont
3 days ago · European luxury stocks surged after Richemont, the company behind Cartier, Piaget and Van Cleef & Arpels, reported a "very solid end" to 2024, with quarterly sales surging to a …
Richemont stock is surging by the most ever. Other luxury plays …
3 days ago · The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.
European Luxury Stocks Jump on Richemont's Record
2 days ago · She previously worked at The Wall Street Journal and Bloomberg. Learn about our editorial policies. Published January 16, 2025 ... Richemont stock rose almost 16% in Swiss …
Heard on the Street: Luxury Investors Press 'Buy Now' Too Early
3 days ago · Cartier owner Richemont reported much better-than-expected quarterly earnings. (Andrey Rudakov/Bloomberg News) American shoppers seem to be snapping up luxury again, …
Luxury Downturn Over? Richemont Delivers "Massive" Sales
2 days ago · Swiss luxury group Richemont reported third-quarter sales that topped Bloomberg Consensus estimates, fueling a rally in European luxury goods stocks. ... far exceeding Wall …
Richemont stock is surging by the most it's ever done in one day.
3 days ago · Richemont, whose brands include Cartier and Montblanc said fiscal third-quarter ending Dec. 31 sales rose 10% to EUR6.15 billion ($6.3 billion), far ahead of consensus …
Wall Street rally loses steam as European luxury shares advance
2 days ago · Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher ... Sales in Richemont’s Asia-Pacific region fell …
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