We think that like the game of snakes and ladders, 2025 will see many ups and downs for the luxury sector,” Bank of America ...
Facing a $39 billion bid from mining giant BHP Group Ltd, the London-listed company is considering offloading the diamond ...
Positive data from China, the probable exclusion from Trump's tariffs, the first decidedly positive quarterly results for the ...
Richemont, owner of Cartier, reported a 10% year-on-year increase in Q3 sales, significantly surpassing expectations. This ...
Meanwhile, Gucci is in a more difficult position than rivals, as it caters to affluent rather than super-rich shoppers. LVMH ...
Bank of America analysts said quiet luxury has fueled dupes and led to more competitors joining the industry.
Ponant has announced the acquisition of a majority stake in Aqua Expeditions, a expedition company it said was known for its ...
European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak ...
Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora ...
In a report released today, Adam Cochrane from Deutsche Bank maintained a Buy rating on Kering SA (0IIH – Research Report), with a price ...
The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands ...
The Swiss luxury conglomerate starts the year on a high note by reporting a strong sales beat, signalling signs of life for ...