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Cartier Owner Richemont Posts Highest Ever Quarterly Sales

The Wall Street Journal on MSN · 1d

Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks

Richemont reported better-than-expected sales, up 10% compared with the prior-year period, in the midst of a downward trend in demand for luxury goods that is weighing on most high-end brands.

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.

7h

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’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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