Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...
Rival LVMH jumped 7.8%, while a gauge of European luxury firms advanced 6.8%, set for its best day since 2022. The tech index, which houses the bulk of European chipmakers, advanced 1.4% after TSMC , ...
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...
The pan-European STOXX 600 index closed 0.5% lower in light trade after the New Year holidays. China-exposed sectors such as miners, luxury stocks and automakers came under pressure even after a ...
(RTTNews) - European stocks closed on a mixed note on Friday ... Coca-Cola HBC and Fresnillo closed up 1 to 2%. British luxury brand Burberry soared nearly 10% after reporting a smaller-than ...
Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh ...
European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit.