Richemont, the owner of Cartier jewellery, beat market expectations for third-quarter sales on Thursday, fuelling hopes that the luxury sector could be coming out of its recent downturn. The Swiss ...

Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.

Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division ...

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...

Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...

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" ...

Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...

Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...

Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

For the past couple of years, the luxury retail sector has been mired by a slowdown in sales and consumer and economic woes in China and beyond.

SWISS luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs (S$149.2 billion) for the first time, bolstered by the appeal of its blockbuster jewellery label Cartier.

Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...