Shares slumped on industry bellwether LVMH failing to meet the bar set by rivals in recent weeks, denting hopes of a recovery ...
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...
European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit.
European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the ...
European stocks reached a fresh record high as ASML Holding NV’s strong earnings supported the sentiment after this week’s tech jitters.
European stocks rose to hit their highest level in a month on Thursday as heavyweight luxury companies were boosted by buoyant sales from Swiss group Richemont. The broad-based Stoxx 600 index rose 0.
The pan-European STOXX 600 index closed 0.5% lower in light trade after the New Year holidays. China-exposed sectors such as miners, luxury stocks and automakers came under pressure even after a ...
Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, ...
Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh ...
The stock jumped more than 17% to 163.60 Swiss francs in European morning trading, its biggest one-day percentage gain ever. Luxury bellwether LVMH rose 8.4%, while French peers Kering and Hermes ...