Business

Luxury Sector Sales Beat Expectations

Updated 2026-07-15 11:10 UTC 1 source Neutral

Richemont, the luxury goods company owning Cartier, reported a 20% year-on-year sales increase. Analysts caution that China's market remains crucial for future growth.

Coverage timeline — 1 article

MarketWatch

Luxury stocks rally on Richemont sales beat — but the sector still needs China, says analyst

The luxury company that owns Cartier reported a 20% increase in sales year-on-year, boosting its stock.

2026-07-15 10:54 UTC