Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world
Sales in the Asia-Pacific region fell 7% in the third quarter, dragged down by an 18% drop in China, Hong Kong, and Macau. Richemont reported healthier sales elsewhere in Asia, with "positive results" ...
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Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks
Cartier owner Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division bucked a downturn in demand for high-end goods.
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Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales rose to 6.2 billion euros ($6.38 billion) at constant exchange rates ...
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The six richest people in South Africa at the start of 2025 worth $32.3 bn
At the beginning of 2025, South Africa had six billionaires on the global wealth rankings. These individuals have built their ...
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Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround
ZURICH, Jan 16 (Reuters) - Richemont (CFR.S), opens new tab, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year ...
COMPANY PROFILE Cartier
As demand for Cartier helped its owner Richemont achieve stronger than expected sales in the final three months of 2024, the ...