Consumers powered through concerns about high inflation and the U.S. job market for a 4% lift in holiday retail sales.
The update sent Richemont's shares more than 17% higher at 162.90 Swiss francs, its biggest one-day percentage rise ever. The news also spurred sharp gains across European luxury companies, with Louis ...
Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division ...
Richemont reported better-than-expected sales, up 10% compared with the prior-year period, in the midst of a downward trend ...