In a report released today, Thomas Chauvet from Citi maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with ...

Chanel Inc. is cutting 70 roles in the US as the luxury fashion and beauty label warned it faces a more difficult economic ...

It’s taken LVMH nearly a year-and-a-half to wrestle back its spot as Europe’s biggest stock from Novo Nordisk A/S.The Danish ...

In a Facebook post on Wednesday night, two days after the INC’s “National Rally for Peace,” the 100-year-old former Senate President challenged the INC’s supposed support of President ...

NEW YORK: Angelina Rascouet Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss luxury conglomerate’s Cartier products.

Shares of Richemont rose after the Cartier owner logged better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry unit bucked a downturn in demand for high ...

Follow us on Facebook and join our Telegram channel for the latest updates. Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier ...

LONDON — Richemont has begun 2025 with a bang, surprising the markets with a 10 percent uptick in third-quarter revenue that sent luxury share prices soaring. Following an unexpectedly strong ...

Shares across the European luxury retail sector rose sharply on Thursday after Cartier-owner Richemont posted bumper Christmas jewellery sales. The sector has been in the doldrums as sales have ...

A Cartier store, owned by Richemont, in Shanghai, China. European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales. Richemont's results raised investor ...

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 ...

Luxury goods stocks jumped on Thursday morning following Cartier-owner Richemont's (CFR.SW) surge in sales, prompting hopes of a turnaround for the sector. Richemont's third quarter trading update, ...