Richemont shares climb 6% on record full-year sales, new CEO
Shoppers line up to enter a Cartier store on Canton Road in the Tsim Sha Tsui area of Hong Kong. Billy H.C. Kwok | Bloomberg | Getty Images Shares of …
Compagnie Financiere Richemont SA
Earnings, stocks, news and data
Europe stocks close lower European equity markets closed slightly lower on Friday, with the regional Stoxx 600 index down 0.13%. France’s CAC 40 dipped 0.26%, while the U.K.’s FTSE 100 …
Barclays reveals its top 3 stocks to play the sector right now
Consumers, particularly those in China, have been tightening their purse strings and cutting their spending on luxury goods in light of macroeconomic uncertainties. But Barclays notes that several companies in …
How ‘quiet luxury’ is subtly taking over investor portfolios
VIENNA, AUSTRIA – NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina beige cropped turtleneck sweater and vintage checked …
stocks, news, data and Davos
European stock markets closed slightly lower Friday, erasing gains through the morning and previous session. The Stoxx 600 index provisionally ended 0.3% lower, with major bourses and sectors pointing in …
UBS reveals 3 luxury stocks to buy for 2024
Investors looking ahead to 2024 should pick up shares of Hermes , Cartier owner Richemont and Hugo Boss in the luxury goods sector, according to UBS. The Swiss investment bank …
These luxury stocks won’t lose their luster even as sales growth slows
The binge on designer brands is over. After three years of record growth, luxury companies are feeling the pain as sales slow to a more normal pace. On Friday, an …
European markets live updates: stocks, data, earnings, inflation
European stock markets were mixed Wednesday after clocking their best one-day performance in nearly a year. The Stoxx 600 was index was 0.1% higher at 11:00 a.m. London time, as …
Bank of America just upgraded these 3 luxury names in Europe
Bank of America upgraded three luxury stocks that are bucking the negative trends afflicting the broader sector in Europe. The MSCI Europe luxury index has fallen 16% from its most …