Richemont stock is surging by the most ever. Other luxury plays …
Jan 16, 2025 · The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.
Wall Street rally loses steam as European luxury shares advance
Jan 16, 2025 · Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner …
Cartier-owner Richemont beats expectations as jewellery sales boom
Jan 16, 2025 · 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
Jan 17, 2025 · 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 …
Heard on the Street: Luxury Investors Press ‘Buy Now’ Too Early
Jan 16, 2025 · 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 …
European Luxury Stocks Jump on Richemont's Record Quarterly …
Jan 16, 2025 · 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 …
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Richemont to Sell e-Commerce Business YNAP to …
Cartier owner Richemont has agreed to sell Yoox Net-A-Porter to luxury online platform Mytheresa in an all-share deal, and said it expected to book a $1.4 billion hit as a result.
Richemont to Sell YNAP to Mytheresa - MSN
C artier owner Richemont agreed to sell its e-commerce business Yoox Net-A-Porter to luxury online platform Mytheresa in an all-share deal, nearly a year after it scrapped a previous sale …
Richemont Posts Slowing Sales Growth Amid …
Compagnie Financiere Richemont posted a slowdown in sales growth for the first-half of fiscal 2024 due to inflation, slowing economic growth and geopolitical tensions that hurt customer sentiment.
Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks - MSN
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.
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