European luxury stocks rally as Richemont posts record quarterly sales
Forrás:
Euronews.com
3 hónapja
Richemont's December quarterly results surpassed expectations, with a stock surge of over 16% to a record high. Despite challenges in the Chinese market, the company reported a 10% year-on-year increase in sales revenue for Q3 2025, driven by strong performance in other regions. The luxury sector in Europe showed optimism following Richemont's results, although concerns remain about ongoing weak demand in China. Teljes cikk (Euronews.com)