Morgan Stanley Downgrades LVMH to End Six Years of Bullishness
For the first time in six years, a Morgan Stanley analyst is relinquishing his positive view on LVMH.
2023-12-01 18:52
Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade
Shoppers are rebelling against higher prices for everything from Piaget watches to Don Julio tequila, wiping off $45
2023-11-10 21:57
Rolex Prices Drop as Cheaper Watches Outperform: Subdial Index
Prices for pre-owned Rolex watches kept falling on the secondary market last month while entry-level models and brands
2023-10-03 12:57
Luxury Sector Cut at Barclays, Deutsche Bank on China Woes
Luxury-goods companies face the risk of disappointing sales growth in China that will weigh further on their stock
2023-09-14 19:16
Cartier-Owner Richemont Says Inflation Hitting Europe Demand
The chairman of Richemont, the Swiss owner of Cartier and watchmakers including IWC and Vacheron Constantin, said inflation
2023-09-07 03:26
Europe Luxury Stocks Slide as Richemont Chairman Says Inflation Is Denting Demand
Luxury-goods stocks slumped in Europe after Richemont Chairman Johann Rupert said inflation is starting to dent demand across
2023-09-06 23:29
Rolex and Patek Keep Falling as Cartier Shines: Subdial Index
Prices for the most popular higher-end watches from Rolex and Patek Philippe kept falling over the past month,
2023-08-25 13:22
Luxury Watches Worth £1 Billion Reported Missing in Theft Surge
Luxury watches worth more than £1 billion ($1.3 billion) have been reported as stolen or missing, with a
2023-08-21 18:56
Richemont Buys Control of Italian Shoemaker Gianvito Rossi
Richemont, the Swiss luxury conglomerate that owns Cartier, is buying a controlling stake in Italian high-end shoemaker Gianvito
2023-07-28 18:59
Omega, Cartier Models Gain as Rolex Keeps Falling
Some mid-tier priced luxury watches including models by Omega and Cartier outperformed as prices for the most popular
2023-07-28 12:26
Kering Said to Tap Defense Advisers as Activist Bluebell Circles
Kering SA is speaking to defense advisers as activist investors including Bluebell Capital Partners Ltd. circle the French
2023-07-19 21:21
Cartier Owner Richemont Sales Rise as China Demand Bounces Back
Richemont reported higher first-quarter sales as a rebound in China outweighed a decline in the Americas. Sales rose
2023-07-17 13:47