European Luxury Stocks Drop
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 stocks reached a fresh record high as ASML Holding NV’s strong earnings supported the sentiment after this week’s tech jitters.
Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, ...
The watchmaker faces challenges due to its strong dependence on China, where luxury spending has taken a significant hit.
Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh ...
European stocks rose to the highest level in over a month on Thursday, lifted by the luxury and technology sectors as a double-digit jump in Richemont’s sales and an upbeat outlook by Taiwan ...
These include the emergence of the luxury goods market in China and an expanding wealth class in the U.S. and Europe, which has increased the market for luxury goods. The drivers of luxury ...
"The luxury ... market analyst at IG Group, adding that there is a sense that this administration will "take a hard line on tariffs, but implementation of course takes a while." The European ...
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