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, ...
European shares rose nearly 1 per cent on Thursday, with luxury stocks boosted by Richemont’s upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly ...
European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales. Richemont's results raised investor hopes that the high-end sector is recovering from the ...
European stocks reached a fresh record high as ASML Holding NV’s strong earnings supported the sentiment after this week’s tech jitters.
STORY: European luxury shares soared on Thursday (Jan 16 ... worried over weaker high-end spending in China, the largest market. Richemont's positive update spread to rivals like LVMH and ...
The watchmaker faces challenges due to its strong dependence on China, where luxury spending has taken a significant hit.
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