CFRHF / Luxury erase year=to-date gains: LVMH, Kering, Richemont

European authorities have approved online luxury retailer Farfetch's purchase of a stake in rival Yoox Net-A-Porter from Richemont in the last regulat more_horizontal

Richemont acquires a majority stake in Gianvito Rossi, diversifying its businesses in the luxury market. European Union antitrust authorities will dec more_horizontal

Luxury retail stocks, such as brands LVMH (MC.PA), Kering (KER.PA), and Richemont (CFR.SW), have fallen off tremendously, reversing their year-to-date more_horizontal

Swetha Ramachandran, fund manager at Global Equities Artemis, discusses the luxury sector and what moves brands such as Gucci, Richemont and LVMH are more_horizontal

Luxury goods company Richemont reported a 14% increase in Q1-24 revenue, but a 4% decline in the Americas led to a 10% drop in stock value. Despite th more_horizontal

Exclusive Swiss retailer and owner of Cartier watches Richemont is the latest luxury large cap to feel the pinch of the diamond-encrusted jewell-buyin more_horizontal

Richemont reported a surprise drop in revenue from the Americas in the three months through June. The Swiss owner of Cartier led luxury-goods stocks l more_horizontal

Richemont's turnaround story has reached an end, as the company fully recovered from the pandemic and the LVMH takeover threat evaporated. With a reju more_horizontal