Executives said on earnings calls last week that luxury brands like Ralph Lauren, Coach, and Kate Spade are moving away from markdowns amid early signs the luxury market is recovering from two years ...

Early Thursday, both Bank of America and Morgan Stanley said profit ... luxury stocks rocketed after a robust sales update from Cartier owner Richemont. Treasury yields edged lower after Federal ...

Bank of America and Morgan Stanley said profit more ... monetary authorities to unwind pandemic-era asset purchases. From Cartier to Target, Investors Find Cheer in Holiday Spending Consumers ...

Mr Rufai, who pleaded guilty to the charges, succeeded in defrauding 12 US agencies of $600,000 paid into bank accounts controlled ... him during his arrest – a Cartier watch and a gold chain ...

Bank of America and Morgan Stanley rounded out the ... posting strong gains after Cartier's owner Richemont announced a quarterly sales record. Luxury stocks had largely struggled in 2024 amid ...

But this group will become more important in 2025 as brands see early signs of recovery, according to Bank of America. Take Richemont, the company that owns Cartier and Van Cleef & Arpels.

Euro US Dollar, Compagnie Financiere Richemont SA, Burberry Group PLC, ASML Holding NV. Read Jakub Rochlitz's latest article on Investing.com ...

I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings ...