Watches of Switzerland has expressed optimism about the European luxury market and noted momentum in the US, in the latest ...
Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...
Investing.com - Watches Of Switzerland Group PLC (LON:WOSG) has said its trading performance over the key holiday shopping period was "good" in both the U.S. and UK, keeping the luxury watch retailer ...
Cartier owner Richemont reported better-than-expected ... brands like Cartier and Van Cleef & Arpels—which offset weaker watch sales.
Shares in Richemont, which also owns Swiss watch brands Piaget, IWC and Jaeger-LeCoultre, rose 14%. Bernstein analyst Luca Solca described Richemont's sales as "an encouraging sign and a ...
Sales in the Asia-Pacific region fell 7% in the third quarter, dragged down by an 18% drop in China, Hong Kong, and Macau. Richemont reported healthier sales elsewhere in Asia, with "positive results" ...
Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...
WHAT TO WATCH: -- JEWELRY RESILIENCE: The strength of Richemont lies in its exposure to jewelry, which is a popular category, as it is seen as a long-term investment purchase, Barclays analysts ...
Shares in Richemont, which also owns Swiss watch brands Piaget, IWC and Jaeger-LeCoultre, rose 14%. Rivals LVMH and Kering also got a boost, with both up more than 7%. Swatch was up as much as 10%.