$CFR-CH News

Last published 5mo ago

5mo agoMC-FR KER-FR RMS-FR CFR-CH+1Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up almost 5%CNBCLuxury stocks have been hard hit by the Iran war, as the Middle East had been a fast-growing market for the otherwise largely muted sector.
1y agoCFR-CHU.S. shoppers fuel jewelry splurge despite tariff headwindsCNBCDanish jewelry brand Pandora said Friday that the U.S. continued to be an outlier amid weaker global sales.
1y agoKER-FR BC-IT RMS-FR MC-FR+3'Loud luxury' is back as high-end brands look to reboundCNBCThe sartorial shake-up could herald a new era of large logos, bold branding and distinctive designs dominating catwalks to high streets.
1y agoNES.N-CH undefined CFR-CH LISP-CH+2Chocolate, skincare and timepieces: What 39% tariffs on Swiss goods mean for U.S. consumersCNBCSwitzerland is facing potential U.S. tariffs of 39% if a deal is not struck by Thursday.
1y agoundefined CFR-CH UHR-CHSwitzerland's tariff shock: The 39% U.S. hit no one saw comingCNBCThe duty would be a "devastating" blow to the export-reliant Swiss economy and businesses, analysts say.
1y agoMC-FR RMS-FR CFR-CH MONC-IT+2Luxury shopper recovery faces four key headwindsCNBCLuxury stocks climbed Friday as investors bet on the emergence of green shoots of recovery within the sector.
1y agoCFR-CH JPY MC-FR KER-FRYen weakness finally subdues luxury splurge at Cartier-owner RichemontCNBCThe Swiss luxury group's Japan sales declined 15% year-on-year in the fiscal first-quarter.
1y agoCFR-CH MC-FR KER-FRWealthy shoppers are splashing the cash on jewelry — so long as it's the right brandCNBCThe world's wealthiest are continuing to adorn themselves with the finest jewelry even as broader luxury shoppers pull back.
1y agoCFR-CHCartier owner Richemont posts sales beat as jewelry shines amid luxury malaiseCNBCCartier owner Richemont on Friday posted better-than-expected fiscal fourth-quarter sales as the wealthiest spenders continued to shrug off global macroeconomic uncertainty.
1y agoRMS-FR MC-FR KER-FR CFR-CH+1Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loomCNBCThe sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.
1y agoCFR-CHShares of LVMH drop 5% as full-year results throw doubt on broad luxury recoveryCNBCLVMH shares dropped as slightly better-than-expected full-year results from the world's largest luxury company threw doubt over a broader sector recovery.
1y agoCFR-CHCartier owner Richemont sales rise 10% in December quarter despite ongoing China weaknessCNBCCartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.
1y agoMC-FR BRBY-GB KER-FR CFR-CHLuxury goods market to shrink for first time since the 2008 financial crash, research findsCNBCThe personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.
2y agoRMS-FR MC-FR CFR-CH KER-FRHow Hermès is bucking the global luxury slowdownCNBCParis-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.
2y agoCFR-CHShares of Cartier owner Richemont climb 6% on record full-year sales, new CEOCNBCShares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.
2y agoRMS-FR BC-IT CFR-CH UHR-CH+4How 'quiet luxury' is subtly taking over investor portfoliosCNBCQuiet luxury was one of last year's biggest viral fashion trends, but unlike other short-lived fads, this one has made its way into investor portfolios.
2y agoBRBY-GB MC-FR CFR-CHBurberry shares sink 9% as luxury spending slowdown bitesCNBCBurberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the low end of forecasts
6y agoCFR-CH BABASelling luxury goods online is a 'marathon': Yoox Net-a-Porter's CEO on life after the pandemicCNBCThe Richemont-owned online luxury fashion business turns 20 this year and will celebrate in a collaboration with Prince Charles.