LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn but it may be bellwether of worse ahead.

With visions of Off-White logo hoodies being hawked on Amazon for $29.99 ... The US has never managed to build a luxury conglomerate to rival that of LVMH, Richemont or Kering in Europe. These ...

Cartier jewellery owner Richemont reported a dip in quarterly sales on Friday, as the luxury goods group largely offset ...

In a report released today, Carole Madjo from Barclays maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research ...

Compagnie Financiere Richemont SA (CFR – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Oliver Chen from TD Cowen maintained a Hold ...

Richemont, the owner of Cartier, fell short of profit projections for the first half of the year and expressed caution regarding China's recovery, causing a decline in European luxury stocks. The ...

By John Revill and Mimosa Spencer ZURICH (Reuters) -Cartier jewellery owner Richemont reported a dip in quarterly sales on ...

Cartier jewellery owner Richemont has today reported a dip in ... analyst consensus forecasts of €4.78 billion cited by HSBC. Big sales increases in the Americas, Japan and the Middle East ...

ZURICH (Reuters) -Cartier jewellery owner Richemont reported on Friday a 1% dip in sales during the three months to the end ...

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RICHEMONT reported a slump in profit in the first half as the Swiss luxury group’s watchmaking division suffered from cooling demand in China. The Cartier owner reported 2.2 billion euros (S$3.1 ...