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Richemont Sales Bounce 10% in Q3
Richemont posts record Q3 sales, led by jewelry division
The luxury firm saw a 10% uptick in the quarter, with fashion and accessories also showing double-digit growth.
Cartier owner Richemont posts 10% jump in Q3 sales
Richemont , the owner of Cartier jewellery, beat market expectations for third-quarter sales, it said on Thursday, in a positive sign for the high-end of the luxury sector over the all-important holiday season.
Richemont sales rise 10% in Q3
The Swiss luxury conglomerate starts the year on a high note by reporting a strong sales beat, signalling signs of life for the luxury industry.
1d
on MSN
Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world
Despite weakness in China, "Richemont has never been stronger," investment firm Vontobel's analyst said.
1d
Luxury firms, chipmakers lift Europe's STOXX 600 to five-week high
European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and ...
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