Sign In
Buy CFRUY
$20.74
-0.485 (-2.29%)
At Close: Jun 03, 2026
Cartier owner Richemont hit by falling Chinese demand, record gold prices
08:02am, Friday, 08'th Nov 2024
Swiss luxury house Richemont, owner of high-end brands including Cartier, Chloé and Can Cleef & Arpels, continues to feel the strain of historically low demand for luxury goods in the important Chine
Richemont remains cautious on raising jewellery prices despite high gold prices
06:32am, Friday, 08'th Nov 2024
Cartier owner Richemont plans to stick to its cautious approach to raising prices of jewellery despite the soaring price of gold in recent months, and has no plans yet for price increases in the upcom
Richemont expects pick-up in US with election uncertainty now out of way
03:39am, Friday, 08'th Nov 2024
Richemont's U.S. business could get a boost now that pre-election uncertainty following this week's presidential poll is out of the way, although it is too early to say how possible tariff hikes under
Richemont Sales Fall as Luxury's China Woes Linger
01:45am, Friday, 08'th Nov 2024
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.
Cartier owner Richemont posts dip in Q2 sales
01:19am, Friday, 08'th Nov 2024
Cartier jewellery owner Richemont reported on Friday a 1% dip in sales during the three months to the end of September, the latest luxury company to report tougher conditions as China weakened.
Richemont Hands Off YNAP to Mytheresa for $608 Million
05:42pm, Monday, 07'th Oct 2024
Cartier owner Richemont is selling its luxury eCommerce platform Yoox Net-a-Porter to online retailer Mytheresa. The $608 million deal, announced Monday (Oct. 7), ends a monthslong search by Richemont
Richemont to Sell YNAP to Mytheresa for 33% Stake
04:20am, Monday, 07'th Oct 2024
Richemont, the parent company of Cartier, announced the agreement to sell its online fashion and accessories business, Yoox Net-A-Porter (YNAP), to German luxury fashion platform Mytheresa. This decis
Richemont announces deal to sell online retailer Yoox Net-A-Porter
01:44am, Monday, 07'th Oct 2024
Cartier-owner Richemont has agreed to sell its Yoox Net-A-Porter (YNAP) online fashion and accessories business to Mytheresa in exchange for a 33% stake in the German luxury fashion platform, it said
Former Macy's CEO on luxury letdown
12:01pm, Thursday, 18'th Jul 2024
Terry Lundgren, former Macy's CEO, joins 'Money Movers' to discuss Lundgren's thoughts on the luxury retail sector, how bad the luxury retail sector is, and what could be jarring for markets.
Richemont Is The Luxury Outlier - Buy Confirmed
02:52am, Wednesday, 17'th Jul 2024
Richemont reporting solid Q1 results, outperforming peers, even as luxury industry sentiment deteriorates. We have a supportive view thanks to the company's Jewelry category division and higher-than-e
Cartier owner Richemont delivers another warning sign for global luxury
07:05am, Tuesday, 16'th Jul 2024
Cartier owner Richemont's sales failed to budge in the first quarter of its 2025 financial year, delivering another warning sign for the global luxury sector. On an actualised basis, the Swiss global
Luxury Woes: Richemont, Swatch, Burberry Face Slowing China Demand
02:43am, Tuesday, 16'th Jul 2024
It's been a bad week for luxury amid a China-led slowdown for Swiss watchmakers and other luxury companies. On Monday, Swatch fell the most in four years as profit fell 70% while Burberry replaced its
Richemont names new boss for Cartier jewellery business
01:44am, Tuesday, 02'nd Jul 2024
Richemont said on Tuesday that Louis Ferla will replace Cyrille Vigneron as chief executive officer of its Cartier jewellery brand.
LVMH and Richemont takeover rumours grow as Arnault builds stake
06:28am, Wednesday, 26'th Jun 2024
Talks of consolidation in the luxury sector are growing after it was revealed Bernard Arnault, the owner of Louis Vuitton Moet Hennessy (EPA:MC), has built a stake in Cartier owner Richemont. Europe's
Watches of Switzerland, Richemont, Kering top picks in ‘hard luxury' sector - analyst
10:49am, Wednesday, 05'th Jun 2024
RBC has tipped ‘hard luxury' stocks Watches of Switzerland Group PLC (LSE:WOSG), Richemont and Kering as preferred plays in the luxury sector over ‘soft luxury' stocks, although analysts also gave
