Morgan Stanley (NYSE:MS) analysts upgraded the stock rating of luxury goods company Compagnie Financiere Richemont SA (JO:CFRJ) (CFR:SW) (OTC: CFRUY) from Equalweight to Overweight, simultaneously ...
Richemont's surprise 10 percent uptick in third-quarter revenue sent a jolt of energy - and hope - through the markets, but analysts remain divided as to whether the luxury giant's success signals a ...
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Sales in the Asia-Pacific region fell 7% in the third quarter, dragged down by an 18% drop in China, Hong Kong, and Macau. Richemont reported healthier sales elsewhere in Asia, with "positive results" ...
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates. Richemont, whose brands include ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Grund will join the supervisory board of Mytheresa once its deal to buy Yoox Net-a-porter from Richemont is completed, which ...
LONDON — Richemont has begun 2025 with a bang, surprising the markets with a 10 percent uptick in third-quarter revenue that sent luxury share prices soaring. Following an unexpectedly strong ...
ZURICH, Jan 16 (Reuters) - Richemont (CFR.S), opens new tab, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year ...
While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...
Cartier owner 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.
In a report released on January 29, Jon Cox from Kepler Capital maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research ...
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