European luxury stocks rally as Richemont posts record quarterly sales
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
European Luxury Stocks Rise After Cartier Owner Richemont Beats Expectations
Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...
European Shares Hit Record High as ASML Lifts Tech Stocks After Robust Earnings
Shares of ASML jumped 10.6% after the Dutch company reported better-than-expected fourth-quarter bookings of 7.088 billion ...
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 ...
Wall Street Journal13d
Heard on the Street: Luxury Investors Press ‘Buy Now’ Too Early
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 ...
The Manila Times on MSN17m
LVMH net profit drops 17% in 2024
Luxury goods conglomerate LVMH, Europe's largest company by market value, said on Tuesday that its net profit fell 17 percent last year to 12.55 billion euros ($13 billion) as sales slipped 2 percent ...
HEDGE FLOW Hedge funds buy luxury, short drink and driving in Europe, says Goldman Sachs
Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, ...
Nasdaq4d
European Stocks Fail To Hold Early Gains, Close Flat
(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 ...