Cartier owner Richemont reported better-than-expected ... brands like Cartier and Van Cleef & Arpels—which offset weaker watch sales.

Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...

Shares in Richemont, which also owns Swiss watch brands Piaget, IWC and Jaeger-LeCoultre, were indicated 7% higher in premarket activity, while rival Swatch was seen up 3.9%. Advt Bernstein ...

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 ...

The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates. Richemont, whose brands include ...

Richemont's surprise 10 percent uptick in third ... well ahead of analyst expectations for a 1% increase. Rolex watches, along with other luxury watch names, have declined in value in 2024.

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 ...

Demand is still challenging in China, Richemont said. The latest data from the Federation of the Swiss Watch Industry showed a continued decline in exports of Swiss watches, with those to China ...

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%.