Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year. The inflation ...
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. Major US ...
She previously worked at The Wall Street Journal and Bloomberg. Raul Ariano / Bloomberg via Getty Images European luxury shares jumped Thursday after Cartier parent Richemont reported record ...
On Wall Street, major indexes fell a day after they ... with luxury stocks boosted after Cartier jewelry owner Richemont’s results exceeded analysts’ expectations. Chip stocks around the ...
Facing a $39 billion bid from mining giant BHP Group Ltd, the London-listed company is considering offloading the diamond unit, the Wall Street Journal reported last week. Like marketing a stone ...
Markets cautious on the day of Trump's inauguration at the White House. At Piazza Affari, industry and banks do well, energy stocks do poorly ...
Richemont had reported a 1% drop in sales ... 11:06 PM UTC · Updated ago Macro Matterscategory Looming tariffs worry Wall Street over earnings hit, inflation pressure 11:04 PM UTC · Updated ...
European stocks are trading at record highs, having outperformed Wall Street in the opening weeks of 2025 ... but already, ...
LVMH Moët Hennessy Louis Vuitton said it was confident heading into 2025 after revenues were broadly flat in the fourth ...