Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world
Sales in the Asia-Pacific region fell 7% in the third quarter, dragged down by an 18% drop in China, Hong Kong, and Macau. Richemont reported healthier sales elsewhere in Asia, with "positive results" ...
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Cartier owner Richemont sales surge shows strength of top end luxury
ZURICH (Reuters) -Richemont, the owner of Cartier jewellery, beat market expectations for third-quarter sales on Thursday, fuelling hopes that the luxury sector could be coming out of its recent ...
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Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales rose to 6.2 billion euros ($6.38 billion) at constant exchange rates ...
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All the major companies that billionaire Johann Rupert controls
Johann Rupert may only be a minority shareholder in the companies he chairs, but he still has large amounts of control thanks ...
COMPANY PROFILE Cartier
As demand for Cartier helped its owner Richemont achieve stronger than expected sales in the final three months of 2024, the ...
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Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...