Cartier Owner Richemont Posts Highest Ever Quarterly Sales

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.
European luxury stocks jump after Richemont smashes expectations
European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the battered sector.
Luxury shares soar as Cartier-owner Richemont sees jewellery sales boom
For the past couple of years, the luxury retail sector has been mired by a slowdown in sales and consumer and economic woes in China and beyond.
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, providing some relief at a time when the sector contends with sliding demand.
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
KEY TAKEAWAYS European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales.Richemont's results raised investor hopes that the high-end sector is recovering from the slump induced by weak Chinese demand.
Luxury stocks leap on Richemont's robust holiday sales
Shares of top luxury goods companies soared in European trading today, following a robust end-of-year sales report from Richemont (SIX:CFR), which owns the prestigious Cartier brand. The positive sales data has sparked optimism for a broader recovery in the luxury sector,
Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world
Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was ...
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 ...
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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 ...
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Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround
ZURICH, Jan 16 (Reuters) - Richemont (CFR.S), opens new tab, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year ...
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 ...
Philippine Daily Inquirer on MSN1d
Cartier owner posts record sales despite China slump
Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was ...
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Richemont Group Turnover in Sharp Growth: Jewelry the Best Performance. Japan the New Eldorado of Luxury
The crisis of the Chinese market does not stop luxury, which, having understood that it must necessarily meet other markets, ...
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 ...