TD Cowen analyst Oliver Chen adjusted the financial outlook for Estee Lauder (NYSE:EL), increasing the price target to $80.00 from the previous $70.00, while maintaining a Hold rating on the company's ...

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 ...

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 ...

Cartier owner Richemont reported Thursday robust sales for the holiday ... But earlier this week, both Macy’s Inc. and Signet Jewelers Ltd., which operates such chains as Zales and Kay Jewelers, ...

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, ...

Raul Ariano / Bloomberg via Getty Images European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales. Richemont's results raised investor hopes that the ...

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.

Cartier owner Richemont on Thursday reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales rose to 6.2 billion euros ($6.38 billion) at constant exchange rates ...