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European luxury stocks jump
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
KEY TAKEAWAYS 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 slump induced by weak Chinese demand.
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.
Luxury goods groups drive European stocks to highest level in a month
European stocks rose to hit their highest level in a month on Thursday as heavyweight luxury companies were boosted by buoyant sales from Swiss group Richemont. The broad-based Stoxx 600 index rose 0.
1d
Luxury firms, chipmakers lift Europe's STOXX 600 to five-week high
European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and ...
1d
Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter ...
1d
Heard on the Street: Luxury Investors Press ‘Buy Now’ Too Early After Richemont Earnings
American shoppers seem to be snapping up luxury again, but investors should still shop carefully. [European luxury stocks rose]( ...
San Francisco Examiner
1d
Wall Street rally loses steam as European luxury shares advance
Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed ...
11d
European luxury and auto stocks climb on tariff review news
This potential change, which is less drastic than Trump's original proposal of universal tariffs of up to 20%, is seen as a ...
15h
on MSN
LVMH Regains Title of Europe’s Most Valuable Stock From Novo
It’s taken LVMH nearly a year-and-a-half to regain its spot as Europe’s biggest stock from Novo Nordisk A/S. The Danish ...
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