Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.

Strong bank earnings failed to sustain a rally on Wall Street, but stocks in Europe and Asia pushed higher. European and Asian indices gained after Wednesday's Wall Street rally.

Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.

U.S. stocks are drifting around a record as they head for the close of a second straight winning week. The S&P 500 was virtually unchanged in early Friday trading, a

U.S. stocks are hanging near a record as they head for the close of a second straight winning week. The S&P 500 was flat in early trading Friday, a day

Burberry shares in London trading surged after the luxury group posted better-than-expected sales over the third quarter, raising investor hopes that the sector is on the path to recovery.

Burberry, a trend setter? The early success of a new approach to pricing is promising. Shares in the British brand rose as much as 15% Friday after Burberry posted better-than-expected results

Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

Here’s a surprising new fact about the world’s largest and most-liquid public equity market: Most of the activity on it isn’t public anymore.

The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead.

Messika is not alone. This winter, South African-British diamond jeweller De Beers will open a 350 square metre, two-floor flagship boutique, having chosen the Rue de la Paix over Paris sites offering vastly higher footfall, including the nearby Avenue des Champs-Élysées.

Falling sales have cast a shadow over Sotheby’s and Christie’s, but the houses are betting big on younger collectors and luxury goods in 2025.