Richemont posts record Q3 sales, led by jewelry division
The luxury firm saw a 10% uptick in the quarter, with fashion and accessories also showing double-digit growth.
Cartier owner Richemont posts 10% jump in Q3 sales
Richemont , the owner of Cartier jewellery, beat market expectations for third-quarter sales, it said on Thursday, in a positive sign for the high-end of the luxury sector over the all-important holiday season.
Richemont sales rise 10% in Q3
The Swiss luxury conglomerate starts the year on a high note by reporting a strong sales beat, signalling signs of life for the luxury industry.
Richemont Q3 Sales Climb, Despite Weak China Sales
Compagnie Financiere Richemont AG (CFRUY.PK), a Swiss luxury goods company,reported Thursday that its total sales for the third
Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround
Richemont , the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year sales that exceeded expectations, sending shares higher across the sector.
Cartier owner Richemont sales surge shows strength of top end luxury
Richemont, owner of Cartier, reported a 10% year-on-year increase in Q3 sales, significantly surpassing expectations. This growth suggests a potential recovery in the luxury sector, despite challenges in the Chinese market.
Richemont's sales jump in Q3, boosted by jewellery, despite China weakness
Investing.com -- Luxury goods giant Richemont (SIX: CFR ), the owner of Cartier and other high-end brands, reported a 10% increase in sales during its fiscal third quarter, beating market expectations. This was driven by strong demand in jewellery and improving conditions in the watch segment, despite continued softness in China.
Richemont: Q3 sales increase by 10 percent to 6.15 billion euros
Swiss luxury giant Richemont reported better-than-expected sales for its third quarter on Thursday, despite pressure on demand in China.
Cartier owner Richemont posts 10% increase in Q3 sales
Cartier jewellery owner Richemont on Thursday reported a 10% increase in constant currency sales during the three months to the end of December, a strong early indicator for the performance of European luxury companies over the all-important holiday season.
European Stocks Gain as Richemont’s Sales Jump Lifts Luxury
European stocks rose to the highest level in over a month on Thursday, lifted by the luxury and technology sectors as a double-digit jump in Richemont’s sales and an upbeat outlook by Taiwan Semiconductor Manufacturing Co.
Richemont Sales Bounce 10% in Q3, With Strong Gains Worldwide, Except China
Sales rocketed 22 percent in the Americas region, while in Mainland China, Hong Kong and Macau they were down 18 percent in ...
Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world
Despite weakness in China, "Richemont has never been stronger," investment firm Vontobel's analyst said.
Luxury firms, chipmakers lift Europe's STOXX 600 to five-week high
European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and ...