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Richemont Sales Soar in Early Sign of Luxury Recovery(Bloomberg) -- Richemont sales unexpectedly jumped by a double-digit percentage during the holiday shopping season as consumers splurged on Cartier jewelry, lifting shares across the luxury-goods ...
The U.S. jewelry market grew 5% in 2024 to $85.4 billion, but affluent consumers are pulling back on planned jewelry ...
Bernstein's Luca Solca said the results "smashed" expectations, with Richemont's performance in the quarter "significantly ahead" of analysts' forecasts. Jefferies said the gains in jewelry were ...
Richemont's top management undergoes a fundamental reorganization. The Specialist Watchmakers division is dissolved, leading ...
Compagnie Financière Richemont SA, an investment holding company ... It is involved in the design, manufacture, and distribution of jewelry products, precision timepieces, watches, writing ...
Richemont (SIX:CFR), known for its luxury jewelry and watches, is expected to benefit from easier fourth-quarter comparisons in China, where sales are improving from a 12% decline to a 13% increase.
Here is how Compagnie Financiere Richemont AG (CFRUY) and Meritage Hospitality Group Inc. (MHGU) have performed compared to their sector so far this year.
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