Shares slumped on industry bellwether LVMH failing to meet the bar set by rivals in recent weeks, denting hopes of a recovery ...
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...
European stocks reached a fresh record high as ASML Holding NV’s strong earnings supported the sentiment after this week’s tech jitters.
Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, ...
The watchmaker faces challenges due to its strong dependence on China, where luxury spending has taken a significant hit.
(RTTNews) - European stocks closed on a mixed note on Friday ... Coca-Cola HBC and Fresnillo closed up 1 to 2%. British luxury brand Burberry soared nearly 10% after reporting a smaller-than ...
Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh ...
European stock markets continued their rally on Friday, with large-cap indices reaching levels unseen in over two decades.
Analysts are cautious, having chopped their estimates for fourth-quarter earnings growth to 1.5% from the previous year - or ...