Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery Maisons division, aligned with our investment thesis. Despite a decline in ...
The luxury firm saw a 10% uptick in the quarter, with fashion and accessories also showing double-digit growth.
Despite weakness in China, "Richemont has never been stronger," investment firm Vontobel's analyst said.
Revenue for the first nine months reached €16.2 billion, up +3% year-on-year, buoyed by a record high sales performance in Q3 ...
Zurich – Swiss luxury giant Richemont reported better-than-expected sales for its third quarter on Thursday, despite pressure on demand in China, posting double-digit growth in its other major markets ...
(RTTNews) - Compagnie Financiere Richemont AG (CFRUY.PK), a Swiss luxury goods company,reported Thursday that its total sales for the third quarter grew 10 percent to 6.15 billion euros ...
Sales rocketed 22 percent in the Americas region, while in mainland China, Hong Kong and Macau they were down 18 percent in ...
Luxury goods giant Richemont (SIX: CFR), the owner of Cartier and other high-end brands, reported a 10% increase in sales during its fiscal third quarter, beating ...
ZURICH (Reuters) -Richemont, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year sales that exceeded expectations, ...