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European Luxury Stocks Rise
Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks
Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division bucked a downturn in demand for high-end goods.
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.
European luxury stocks jump after Richemont smashes expectations
European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the battered sector. Francis Maguire reports. Could AI-assisted program help badminton players with training?
2d
on MSN
Why LVMH Stock Popped Today
Shares of Louis Vuitton Moet Hennesy ( LVMUY -1.54%) were moving higher today in symphony with a strong earnings report from ...
2d
on MSN
Cartier owner signals return of luxury market
For the first time since the Great Recession, the luxury market has been trying to navigate one of its worst slumps. An ...
2d
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
Richemont Rises And Signet Falls As Jewelry Market Splinters Between True And Accessible Luxury
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
6d
on MSN
The luxury goods market has created its own crisis, and it won’t recover until after 2027
Luxury executives are more bearish about the industry because of tariffs and a changing appetite for high-end goods, the ...
4d
Luxury Stocks’ Recent Rally Faces High-Stakes Earnings Test
Europe’s beaten-down luxury stocks have turned a corner the past two months, increasing the stakes for the earnings the ...
3d
on MSN
Stock market today: Indexes slip after the best day for stocks since November
Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank ...
stocknews
2d
3 Affordable Picks in the Luxury Market
Luxury stocks present significant growth opportunities due to rising focus on personalized and exclusive fashion experiences.
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