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Cartier Owner Richemont Posts Highest Ever Quarterly Sales

Wall Street Journal · 23h

Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks

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’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.

Hosted on MSN · 1d

Shares of Cartier owner Richemont jump 16% as sales rise in December quarter

Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.

12h

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 ...

1d

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]( ...

1d

Richemont Sales Surge 10% Triggering Boost for LVMH and Hermès Shares

The owner of Cartier, Piaget, Chloe and Montblanc saw an uptick in US and European sales, as well as smaller declines in ...

The Sunday Business Post1d

Richemont’s sales soar in early sign of luxury recovery

The performance lifted shares of Richemont and boosted other luxury groups optimism the worst may be over for the industry ...

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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