Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division ...
For the first time since the Great Recession, the luxury market has been trying to navigate one of its worst slumps. An ...
European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and ...
Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank ...
Europe’s beaten-down luxury stocks have turned a corner the past two months, increasing the stakes for the earnings the ...
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The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands ...
Luxury stocks present significant growth opportunities due to rising focus on personalized and exclusive fashion experiences.