Richemont, China and Cartier

Cartier Owner Richemont’s Sales Fall as Luxury’s China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.
Cartier owner Richemont's profit miss, China caution hit luxury shares
Cartier jewellery owner Richemont reported a dip in quarterly sales on Friday, as the luxury goods group largely offset tougher conditions in China with growth elsewhere.
Richemont shares plunge 5% as luxury giant reports 20% profit drop
Interim results for the Switzerland-based group which is chaired by well known South African businessman Johann Rupert, showed profit from continuing operations fell 20% to €1. 73 billion from €2. 16bn.
Richemont sales slip 1% as demand slumps in China
The response to the downturn and the impact of the election of Donald Trump were top of mind during a call with the Swiss luxury conglomerate’s management.
Richemont's profit miss, China caution spark luxury stocks drop
By John Revill and Mimosa Spencer ZURICH (Reuters) -Cartier owner Richemont missed first half profit forecasts and remained cautious about a recovery in China on Friday, sparking a sell-off in European luxury stocks.
Cartier owner Richemont cautious on hiking jewellery prices despite high gold prices
PARIS, Nov 8 (Reuters) - Cartier owner Richemont(CFR.S), opens new tab plans to stick to its cautious approach to raising prices of jewellery despite the soaring price of gold in recent months, and has no plans yet for price increases in the upcoming ...
Cartier owner's profit sinks as China sales slump
Cartier owner Richemont posted Friday a hefty drop in net profit for the first half of the year as watch sales sank in China, where weak consumer spending has hit
Richemont struggles continue as first half operating profits fall 17%
Sharp declines in the company’s watch division were slightly offset by single-digit gains elsewhere, but losses in China ...
IDEX Online20h
Richemont Jewelry Sales Up, Watch Sales Down
Jewelry and watches account for almost 90 per cent of the group's revenue. The remainder comes from fashion, accessories, ...
U.S. News & World Report5d
Richemont Say US Business in Good Position for Growth
ZURICH (Reuters) -Richemont's U.S. business is in a good position to carry on growing now that uncertainty around this week ...
Compagnie Financiere Richemont SA (CFR) Gets a Buy from Barclays
In a report released today, Carole Madjo from Barclays maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research ...
Jeweller1d
Jewellery sales positive for Richemont
Swiss luxury goods company Richemont has reported positive jewellery sales in the first half of the financial year, despite prevailing economic uncertainty.
Richemont expects pick-up in US with election uncertainty now out of way
Richemont's U.S. business could get a boost now that pre-election uncertainty following this week's presidential poll is out ...
Deutsche Bank Remains a Buy on Compagnie Financiere Richemont SA (CFR)
Deutsche Bank analyst Adam Cochrane maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) today and set a ...