LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.

Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.

Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more challenging than the record-breaking 2023, but nothing to panic about. Total exports for last year ended on CHF 26 billion,

The ceremony, hosted by journalist Cristina d'Agostino, took place at the prestigious Musée international d'horlogerie in La Chaux-de-Fonds, Switzerland. During the evening, six winners took home awar

Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

SWISS luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs (S$149.2 billion) for the first time, bolstered by the appeal of its blockbuster jewellery label Cartier. Read more at The Business Times.

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

Move over LeBron James, former Terrace old boy Doug Tynan is the new king of bling. The chief investment officer of Sydney-based investment house GCQ Funds Management admits he is receiving a few strange looks for wearing brooches and necklaces made by French luxury fashion house Richemont to meetings.

Swiss luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs (R2 trillion) for the first time, bolstered by the appeal of its blockbuster jewellery label Cartier.

French conglomerate LVMH, traditionally among the last to disclose its financials during the reporting season, has delivered results that fell short.

LVMH Moet Hennessy Louis Vuitton SE followed other luxury goods groups and delivered better-than-anticipated sales growth in the final three months of the year. But the outperformance wasn’t as spectacular as that of Cartier-owner Cie Financiere Richemont SA, or even troubled British brand Burberry Group Plc, which both trounced expectations.

Richemont, the Swedish luxury conglomerate, has reached a market value of more than 100 billion Swiss francs (about 88.9 billion pounds) for the first time