Richemont: Supportive Holiday Sales, Now A Pricey Valuation (Rating Downgrade)
Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery ...
Wall Street Analysts Are Neutral on Top Consumer Cyclical Picks
Analysts fell to the sidelines weighing in on Compagnie Financiere Richemont SA (CH:CFR – Research Report), Taylor Wimpey (GB:TW – Research ...
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Wall Street rally loses steam as European luxury shares advance
Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed ...
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 ...
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 ...
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Wall Street stocks rally loses steam
Strong bank earnings failed to sustain a rally on Wall Street, but stocks in Europe and Asia pushed higher. European and ...
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak ...
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, ...
Global Stock Index Outperforms Wall Street, Bond Yields Dip with Rates in Focus
In equities, the Dow Jones Industrial Average fell 68.42 points, or 0.16%, to 43,153.13, the S&P 500 fell 12.57 points, or ...