Shares slumped on industry bellwether LVMH failing to meet the bar set by rivals in recent weeks, denting hopes of a recovery ...
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...
European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the ...
Rival LVMH jumped 7.8%, while a gauge of European luxury firms advanced 6.8%, set for its best day since 2022. The tech index, which houses the bulk of European chipmakers, advanced 1.4% after TSMC , ...
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...
European stocks reached a fresh record high as ASML Holding NV’s strong earnings supported the sentiment after this week’s tech jitters.
The pan-European STOXX 600 index closed 0.5% lower in light trade after the New Year holidays. China-exposed sectors such as miners, luxury stocks and automakers came under pressure even after a ...
(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 ...
Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh ...
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.
The stock jumped more than 17% to 163.60 Swiss francs in European morning trading, its biggest one-day percentage gain ever. Luxury bellwether LVMH rose 8.4%, while French peers Kering and Hermes ...