Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.

(RTTNews) - Shares of Richemont SA were gaining around 6 percent in the Swiss trading after the Cartier owner reported higher net profit and sales in its fiscal 2025 on strong Jewellery performance.

Cartier owner Richemont reported an increase in sales for its fiscal first quarter, as jewelry demand allowed the group to defy a downturn that is hurting most of its luxury rivals. Growth at ...

Richemont has outperformed luxury peers YTD, as it has maintained sales levels in a weak market and still has slightly competitive market multiples compared to LVMH. While sales could weaken in Q2 ...

Richemont, the owner of upscale brands including jeweler Cartier, reported a pickup in sales growth as signs of a recovery in the luxury sector emerge, despite continued uncertainty around U.S.

After a tough earnings report, LVMH fell 3.7% and brought rivals like L'Oréal and Hermès down too. The Dior and Louis Vuitton parent company pointed to weak consumer demand in China. Wall Street ...