European Luxury Stocks Jump on Richemont's Record Quarterly Sales
European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak ...
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora ...
Deutsche Bank Sticks to Its Buy Rating for Kering SA (0IIH)
In a report released today, Adam Cochrane from Deutsche Bank maintained a Buy rating on Kering SA (0IIH – Research Report), with a price ...
Richemont stock is surging by the most it's ever done in one day. Other luxury plays are jumping too.
Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora ...
UBS Reaffirms Their Hold Rating on Kering SA (0IIH)
UBS analyst Zuzanna Pusz maintained a Hold rating on Kering SA (0IIH – Research Report) today and set a price target of €228.00. The company’s ...
Gucci-owner Kering sells 60% stake in Paris properties to PE firm Ardian for €837M
Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties ...
Cartier Owner Richemont’s Sales Surge Fuels Hopes of Luxury Turnaround
ZURICH (Reuters) -Richemont, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down ...
Luxury groups pin hopes on US as China weakness persists
Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...
Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
Europe markets are expected to open in mixed territory, retreating from gains in the previous trading session after a ...
Kering Seals Private Equity Deal With Ardian for Place Vendôme, Avenue Montaigne Real Estate
The deal valued at 837 million euros will give Kering a cash infusion as it seeks to shore up its balance sheet.
Kering, Ardian Sign Investment Deal Regarding Prime Real Estate Assets in Paris
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Kering Sells Stake in Landmark Paris Buildings to Ardian
Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal ...