LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
In a report released today, Thomas Chauvet from Citi maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with ...
While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...
Swiss luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs (R2 trillion) for the first time, bolstered by the appeal of its blockbuster jewellery label Cartier.
The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth ...
Potential changes in succession were also noted as factors that could influence the company's future. The analysis by Citi underscores Richemont's effective 'pay-as-you-go' approach to cost and ...
The revised price target of CHF193 implies a price-to-earnings ratio of approximately 25 times the calendar year 2026 ...
Burberry's strategic focus on iconic garments and improving international demand are key growth drivers, though profitability ...
French luxury behemoth LVMH is scheduled to report results for 2024 on Tuesday. Here is what you need to know. SALES FORECAST: The owner of brands Louis Vuitton and Dior is expected to report revenue ...
Compagnie Financière Richemont SA, an investment holding company, engages in the luxury goods business. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments.