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Richemont, Cartier

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.

The Wall Street Journal on MSN · 2d

Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks

Richemont reported better-than-expected sales, up 10% compared with the prior-year period, in the midst of a downward trend in demand for luxury goods that is weighing on most high-end brands.

The Financial Times · 2d

Cartier-owner Richemont beats expectations as jewellery sales boom

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 the US for its Cartier and Van Cleef & Arpels brands.

2d

European Luxury Stocks Rise After Cartier Owner Richemont Beats Expectations

Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...

1d

Richemont Rises And Signet Falls As Jewelry Market Splinters Between True And Accessible Luxury

Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...

Cartier (Richemont Group): The Finalists of the “Cartier for Watchmaking Talents of Tomorrow 2024” Award

The ceremony, hosted by journalist Cristina d'Agostino, took place at the prestigious Musée international d'horlogerie in La ...

2d

Heard on the Street: Luxury Investors Press ‘Buy Now’ Too Early After Richemont Earnings

American shoppers seem to be snapping up luxury again, but investors should still shop carefully. [European luxury stocks rose]( ...

8h

Richemont: Supportive Holiday Sales, Now A Pricey Valuation (Rating Downgrade)

Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery ...

1d

Richemont’s Surprise Revenue Gain Lifts Luxury Stocks, Offering Hope to Brand Owners, Investors

Richemont outstripped expectations with a 10 percent jump in revenue during the key holiday quarter, offering hope that ...

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