Zurich, Switzerland — Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was offset by robust demand in other regions.
Shares of Ford Motor Co. and Rivian Automotive Inc. rose on Friday after both automakers saw EV sales rise, and, for Rivian, investors cheered news that a parts shortage that had hampered its ...
NEW YORK: Angelina Rascouet Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on the Swiss luxury conglomerate’s Cartier products.
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Shares across the European luxury retail sector rose sharply on Thursday after Cartier-owner Richemont posted bumper Christmas jewellery sales. The sector has been in the doldrums as sales have ...
December 2024 retail sales were positive but slightly below expectations, with an increase in month-on-month sales by 0.4%. This was the fourth consecutive monthly expansion in retail sales and ...
Cartier owner Richemont on Thursday reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales rose to 6.2 billion euros ($6.38 billion) at constant exchange rates ...
The owner of Premier Inn said third quarter sales fell as it works to revamp many of the restaurants across its UK estate. Whitbread, which also owns the Beefeater restaurant chain, said sales ...