Richemont, Eu and Piaget SA

European equities rise overall as TSMC guides strong and Richemont gives luxury stocks a surge
- Canada's response to US trade policies includes C$150B in retaliatory tariffs, escalating tensions. Simultaneously, there's discussion in the US about safeguarding TikTok's presence in the country, with new developments expected post-Trump's inauguration.
European Stocks Gain as Richemont’s Sales Jump Lifts Luxury
European stocks rose to the highest level in over a month on Thursday, lifted by the luxury and technology sectors as a double-digit jump in Richemont’s sales and an upbeat outlook by Taiwan Semiconductor Manufacturing Co.
Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround
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, sending shares higher across the sector.
Cartier Owner Richemont Posts Highest Ever Quarterly Sales Despite Luxury Downturn
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’s Sales Jump in Sign of Luxury Rebound
Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier jewelry, a sign of recovering demand for luxury goods.
Cartier owner Richemont posts 10% jump in Q3 sales
Richemont , the owner of Cartier jewellery, beat market expectations for third-quarter sales, it said on Thursday, in a positive sign for the high-end of the luxury sector over the all-important holiday season.
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Global Markets Rally Amid Inflation Relief and Strong Earnings
Global stock markets surged following reports of easing U.S. inflation, bolstering hopes for Federal Reserve interest rate ...
Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter ...
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Wall Street rally loses steam as European luxury shares advance
Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed ...
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Shoppers wrap up 2024 in a spending mood
Given the challenging environment, there have been clear winners and losers. Research and data firm Coresight Research tabulated 7,327 store closures last year, nearly 58% more than in 2023. And it ...
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Delta Reserve Credit Card: $650 Annual Fee, Sky Club Access
The annual fee is steep, but it's more than worth it for those who want to travel in comfort and also bring a friend along. It's a luxury card for those who fly frequently with Delta and can ...
Fed Quits Global Climate Risk Group Ahead of Trump Presidency
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.” ...
Meet Trump’s leading pick to oversee Wall Street regulation at the Fed
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...
European markets near an all-time high ahead of earnings season
European stock markets continued their climb, with the DAX repeatedly reaching new highs this week. Performance was driven by ...