Shares slumped on industry bellwether LVMH failing to meet the bar set by rivals in recent weeks, denting hopes of a recovery ...
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 stocks reached a fresh record high as ASML Holding NV’s strong earnings supported the sentiment after this week’s tech jitters.
European shares are trading near their largest discount on record to the S&P 500 index, at a forward price-to-earnings ratio ...
The watchmaker faces challenges due to its strong dependence on China, where luxury spending has taken a significant hit.
Richemont stock rose almost 16% in Swiss trading, sending shares of Burberry, LVMH, Kering, and Hermes higher in European trading. European luxury shares jumped Thursday after Cartier parent ...
European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the ...
American shoppers seem to be snapping up luxury again, but investors should still shop carefully. European luxury stocks rose across the board Thursday after Richemont's far better-than-expected ...
(RTTNews) - European stocks closed on a mixed note on Friday ... Coca-Cola HBC and Fresnillo closed up 1 to 2%. British luxury brand Burberry soared nearly 10% after reporting a smaller-than ...
LVMH has outperformed the market over the past 15 years but has seen a 40% stock price decline recently, leading to a "Hold" ...
While the overall luxury market may be in decline, Italist, which enables consumers to shop the streets of Italy at local ...
Rhodium’s Kate Donneky on the British capital’s real estate outlook, why Dubai’s market continues to thrive and more ...