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European luxury stocks jump

Hosted on MSN · 2d

European Luxury Stocks Jump on Richemont's Record Quarterly Sales

KEY TAKEAWAYS European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales.Richemont's results raised investor hopes that the high-end sector is recovering from the slump induced by weak Chinese demand.

Wall Street Journal · 2d

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, providing some relief at a time when the sector contends with sliding demand.

MarketWatch on MSN · 2d

Richemont stock is surging by the most ever. Other luxury plays are jumping too.

The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.

2d

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 ...

2d

Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector

Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter ...

2d

Heard on the Street: Luxury Investors Press ‘Buy Now’ Too Early After Richemont Earnings

American shoppers seem to be snapping up luxury again, but investors should still shop carefully. [European luxury stocks rose]( ...

1don MSN

LVMH Regains Title of Europe’s Most Valuable Stock From Novo

It’s taken LVMH nearly a year-and-a-half to regain its spot as Europe’s biggest stock from Novo Nordisk A/S. The Danish ...

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