Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.
Global equities mostly pushed higher on Thursday as strong earnings and inflation data reassured investors. US equities had rallied on Wednesday thanks to strong bank earnings and inflation data that provided a much-needed shot of relief to investors,
Investor focus in Europe will be on luxury firms and chipmakers following strong earning from Cartier jewellery owner ... Manufacturing Co. On Wall Street on Wednesday, all three major indexes ...
Richemont, whose brands include Cartier and Montblanc ... is published independently from Dow Jones Newswires and The Wall Street Journal. The Fed is seen as likely to leave rates unchanged ...
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. The group said sales reached 6.2 billion euros ($6.
NEW YORK/LONDON >> MSCI’s global equities gauge rose today, while Wall Street stocks dipped and U.S. Treasury yields fell after a mixed bag of economic data and Federal Reserve officials’ comments suggested more interest rate cuts on the horizon.
The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of
On Wall Street, major indexes fell a day after they ... with luxury stocks boosted after Cartier jewelry owner Richemont's results exceeded analysts' expectations. Chip stocks around the world ...
We believe Wall Street will increase sales and earnings ... thanks to Van Cleef & Arpels and Cartier brands. This is supported by higher selling prices driven by higher gold prices.
The cooler core inflation figures renewed hopes among economists and Wall Street investors that the Federal Reserve ... But a handful of retailers are already offering some clues. Cartier owner Richemont reported Thursday robust sales for the holiday ...
Rapper Snoop Dogg is expected to perform at the "Inaugural Crypto Ball," the Wall Street Journal reported ... podcasters and YouTubers The Cartier Family.