Richemont Sales Bounce 10% in Q3, With Strong Gains Worldwide, Except China [Yahoo! Finance]
COMPAGNIE FNCE RCH UN/ADR (CFRUY)
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Source: Yahoo! Finance
Dec. 31, with double-digit gains in all regions except for China, where demand continues to stagnate. Richemont , parent of brands including Cartier , Van Cleef & Arpels and Vacheron Constantin , described the holiday trading period as “very solid,” trumpeting the numbers as the highest quarterly sales in the company's history. More from WWD Rolex Prices at Four-year Low on Secondhand Market Elle Fanning Favors Springtime Pastels in Valentino at 2025 National Board of Review Awards Suzy Biszantz Named CEO of G/Fore Golf Brand All categories, with the exception of watches, posted double-digit increases in the crucial third quarter, which takes in the holiday shopping period. The 10 percent spike sent Richemont shares soaring more than 16 percent to 161.80 Swiss francs in mid-morning trading on Thursday. European luxury stocks, including Kering, LVMH Moët Hennessy Louis Vuitton and Gucci, picked up the momentum, rising around 8 percent. Sales in the jewelry division, whi
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