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European Luxury Stocks Rise
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.
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.
Rallying luxury-goods stocks buoy French bourse
The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands include Cartier and Montblanc,
10h
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
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 ...
2d
Luxury Stocks’ Recent Rally Faces High-Stakes Earnings Test
Europe’s beaten-down luxury stocks have turned a corner the past two months, increasing the stakes for the earnings the ...
1d
on MSN
Stock market today: Indexes slip after the best day for stocks since November
Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank ...
stocknews
1d
3 Affordable Picks in the Luxury Market
Luxury stocks present significant growth opportunities due to rising focus on personalized and exclusive fashion experiences.
1d
on MSN
Why LVMH Stock Popped Today
Shares of Louis Vuitton Moet Hennesy ( LVMUY -1.54%) were moving higher today in symphony with a strong earnings report from ...
18h
on MSN
Loud luxury and logo-mania need a big revival and quiet luxury needs to die if brands want to keep making money, BofA analysts say
Bank of America analysts said quiet luxury has fueled dupes and led to more competitors joining the industry.
4d
on MSN
The luxury goods market has created its own crisis, and it won’t recover until after 2027
Luxury executives are more bearish about the industry because of tariffs and a changing appetite for high-end goods, the ...
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