Shares slumped on industry bellwether LVMH failing to meet the bar set by rivals in recent weeks, denting hopes of a recovery ...
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust earnings lifted rival share prices, buoying the European luxury sector on ...
Sanlorenzo is a luxury yacht manufacturer with strong financials and growth potential, making it an attractive investment for ...
European shares rose nearly 1 per cent on Thursday, with luxury stocks boosted by Richemont’s upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit.
Richemont stock rose almost 16% in Swiss trading, sending shares of Burberry, LVMH, Kering, and Hermes higher in European trading. European luxury shares jumped Thursday after Cartier parent ...
With the increased consumer demand for premium and sustainable products, the luxury-brand sector is flourishing. Hence, it ...
The stock jumped more than 17% to 163.60 Swiss francs in European morning trading, its biggest one-day percentage gain ever. Luxury bellwether LVMH rose 8.4%, while French peers Kering and Hermes ...
STORY: European luxury shares soared on Thursday (Jan 16 ... worried over weaker high-end spending in China, the largest market. Richemont's positive update spread to rivals like LVMH and ...
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...
European stocks closed mostly higher on Wednesday as investors focused on corporate earnings news and looked ahead to policy ...
European stocks reached a fresh record high as ASML Holding NV’s strong earnings supported the sentiment after this week’s tech jitters.
Shares in European luxury-goods companies slumped after industry ... might be recovering following months of sluggish demand. The stock was down 5.1% at 712.30 euros in European morning trade ...