We think that like the game of snakes and ladders, 2025 will see many ups and downs for the luxury sector,” Bank of America ...

European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak ...

Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora ...

In a report released today, Adam Cochrane from Deutsche Bank maintained a Buy rating on Kering SA (0IIH – Research Report), with a price ...

UBS analyst Zuzanna Pusz maintained a Hold rating on Kering SA (0IIH – Research Report) today and set a price target of €228.00. The company’s ...

Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties ...

Prada Group's revenue has been soaring, thanks to the raging popularity of Miu Miu, the sister label where Miuccia Prada is ...

Markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year.

ZURICH (Reuters) -Richemont, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down ...

Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...

Europe markets are expected to open in mixed territory, retreating from gains in the previous trading session after a ...

The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year. Inflation ticked higher overall, but stocks ...