CFRUY News and Press, CIE Financiere Richemont AG ADR

2024-07-01 12:20:46 ET French luxury stocks are on watch Monday as the first round of the French legislative elections delivered a victory to the far-right National Rally with a strong lead over the left-wing New Popular Front, and President Macron’s centrist alliance. With Sunday&#x...

2024-06-28 10:33:53 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The combination of stability and reliability that blue-chip stocks offer makes them one of the best ways to play in the current environment. With uncertainty over the economy still ruli...

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2024-05-28 04:12:44 ET Summary Richemont saw growth in all regions and business areas, with the strongest performance in the retail channel and the Asia-Pacific region. Richemont is moving on with a bolt-on M&A strategy and revenue diversification. The company's base is mu...

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2024-05-23 13:20:16 ET Summary That the luxury market is slowing down has been clear for some time now, but importantly, the luxury watch segment is seeing a sharper softening than the rest of the sector. This is significant for Swatch, which focuses on watches. It's also little w...

2024-05-22 20:34:33 ET Summary In a slowing luxury market, Prada stands out for its double-digit revenue growth and rising net margins. It's little wonder then that it's trading at a premium compared to other luxury stocks, and there can be justification for an even higher premium...

2024-05-21 13:49:22 ET Summary In a luxury sector that can be divided into ultra-lux, high-lux, and laggards, Richemont is somewhere between high-lux and the laggards. Following a decent FY24, Richemont continued to undergrow high-lux peers, and saw its profitability drop material...