Richemont reported better-than-expected sales, up 10% compared with the prior-year period, in the midst of a downward trend in demand for luxury goods that is weighing on most high-end brands.

Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was offset by robust demand in other regions. The group said sales reached €6.2 ...

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

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

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

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

The ceremony, hosted by journalist Cristina d'Agostino, took place at the prestigious Musée international d'horlogerie in La ...

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

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

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.

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.

Richemont owns Cartier and Van Cleef & Arpels, two sought-after jewellery brands. This segment, known as hard luxury, often ...