Compagnie Financiere Richemont AG(CFRUY),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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CFRUY Compagnie Financiere Richemont AG

Not Yet Opened 04-29 16:00:00 EDT Delay

盘后14.16

-0.02-0.14%

16:02 EDT

{"stockData":{"symbol":"CFRUY","market":"US","secType":"STK","nameCN":"Compagnie Financiere Richemont AG","latestPrice":14.18,"timestamp":1714420800000,"preClose":14.196,"halted":0,"volume":380190,"hourTrading":{"tag":"盘后","latestPrice":14.16,"preClose":14.18,"latestTime":"16:02 EDT","volume":656,"amount":9295.52,"timestamp":1714420963133},"delay":15,"floatShares":5289856787,"shares":5876818100,"eps":0.471749,"marketStatus":"Not Yet Opened","change":-0.016,"latestTime":"04-29 16:00:00 EDT Delay","open":14.185,"high":14.23,"low":14.116,"amount":5390271.158899997,"amplitude":0.00803,"askPrice":0,"askSize":0,"bidPrice":0,"bidSize":0,"shortable":3,"etf":0,"otc":true,"ttmEps":0.471749,"tradingStatus":0,"nextMarketStatus":{"tag":"Pre-Market Trading","tradingStatus":1,"beginTime":1714464000000},"marketStatusCode":0,"adr":0,"adrRate":0.1,"exchange":"PINK","adjPreClose":14.196,"volumeRatio":0.907672},"requestUrl":"/m/hq/s/CFRUY/wiki","defaultTab":"wiki","newsList":[{"id":"2429169724","title":"Turnaround Stories in Luxury Face Higher Risks Amid Sales Slowdown -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2429169724","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2429169724?lang=en_us&edition=fundamental","pubTime":"2024-04-23 17:51","pubTimestamp":1713865860,"startTime":"0","endTime":"0","summary":"0950 GMT - Luxury companies in the midst of a turnaround process face higher risks than other peers in the sector, given the context of sluggish demand for the first half of the year, Stifel analysts write in a note to clients. These names appear more vulnerable to major forecast cuts if sales don't pick up in the second half of the year, which for now looks uncertain, as the industry grapples with a slowdown in sales growth, they say. Stifel prefers LVMH Moet Hennessy Louis Vuitton, Hermes, Richemont, Brunello Cucinelli, Moncler and Hugo Boss over players such as Kering, Swatch Group, Salvatore Ferragamo and Burberry Group. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2428555050","title":"Swiss Watch Exports Fall, But Premium Segment Could Continue to Outperform -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2428555050","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2428555050?lang=en_us&edition=fundamental","pubTime":"2024-04-18 17:22","pubTimestamp":1713432120,"startTime":"0","endTime":"0","summary":"0920 GMT - Swiss watch exports continued to deteriorate in March, in line with cautious expectations for 2024, Citi analysts Thomas Chauvet and Lorenzo Bracco say. Total exports fell around 16% compared with March 2023 to CHF2 billion, according to data from the Federation of the Swiss Watch Industry. Timepieces in all price segments posted a decline, but those priced over CHF3,000 outperformed the rest. This matches general trends in the luxury sector, in which companies that cater to the wealthiest consumers are achieving better results, as these customers are more resilient in a context of macroeconomic slowdown. \"With the high-end consumer relatively more resilient, we expect ongoing outperformance from the upper-end watch segment,\" the analysts write in a research note. This bodes well for Swiss luxury group Richemont, they add. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2426498736","title":"Luxury Sector Investors Need Patience -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2426498736","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2426498736?lang=en_us&edition=fundamental","pubTime":"2024-04-10 20:21","pubTimestamp":1712751660,"startTime":"0","endTime":"0","summary":"1221 GMT - Luxury goods companies face diverging trends in the upcoming earnings season, as most names in the sector grapple with a challenging environment, Stifel analysts write in a research note. After a postpandemic boom on luxury spending, sales in the sector slowed due to high inflation and rising interest rates that weighed on consumers. There seems to be limited scope for positive surprises in names such as LVMH Moet Hennessy Louis Vuitton and Richemont in the first quarter, Stifel says. \"Some patience is required,\" they add, noting that momentum could improve in the second half of the year. As for companies in a turnaround process, challenges will remain. \"We feel it is still too early to buy stocks like Kering, Burberry or Ferragamo,\" the analysts say. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":1},{"id":"2420717689","title":"Heard on the Street: Gucci's New Look Falls Flat -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2420717689","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2420717689?lang=en_us&edition=fundamental","pubTime":"2024-03-20 19:00","pubTimestamp":1710932400,"startTime":"0","endTime":"0","summary":"Guccis revamped image was unveiled less than six months ago and already looks a bit frayed.Shares in the luxury brands Paris-listed owner Kering dropped 14% Wednesday morning, the stocks biggest one-day fall since 2008, after the company warned that Guccis first-quarter sales will be 20% lower than the same period of 2023.This is much worse than the 4% decline that analysts were expecting for the Italian brand. Citi estimates that the sharp slowdown at Gucci will reduce Kerings operating profit by 15% in 2024. Signs that demand has been weak in Asia dragged down other luxury stocks, although the problem seems specific to Gucci.The Italian brand began an image overhaul last year after shoppers tired of Guccis trendy, but it turns out, not timeless, designs. Between 2016 and 2021, the labels loud, maximalist collections were a hit with luxury customers, but subsequently lost steam.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2420792202","title":"European Luxury Stocks Fall After Gucci Owner Kering Warns of Sales Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=2420792202","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2420792202?lang=en_us&edition=fundamental","pubTime":"2024-03-20 16:44","pubTimestamp":1710924240,"startTime":"0","endTime":"0","summary":"Shares in European luxury stocks fell after Kering warned that first-quarter sales were expected to decline due to a steep sales drop at Gucci, raising concerns about demand in Asia-Pacific.At 0829 GMT on Wednesday, shares in Kering traded 14% lower at EUR365.15, shedding about 7.5 billion euros  in market value. Peers LVMH Moet Hennessy Louis Vuitton, Richemont, Swatch Group, and Salvatore Ferragamo fell 2% or more, while Hermes International, Moncler and Brunello Cucinelli traded lower as well.As for the group's core brand Gucci, sales are expected to decline by nearly 20% on year.Kering is seeking to reinvigorate Gucci in an bid to catch up to luxury rivals. In January 2023, Sabato de Sarno was named as its creative chief, but some analysts pointed out that the effort is still at an early stage and that signs of improvement will take time.The first-quarter business update, which is due on April 23, is expected to show the group's commercial strategy in Gucci in response to this dete","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2420078242","title":"Demand for Luxury Watches Expected to Further Normalize -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2420078242","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2420078242?lang=en_us&edition=fundamental","pubTime":"2024-03-19 19:24","pubTimestamp":1710847440,"startTime":"0","endTime":"0","summary":"1122 GMT - Demand for luxury timepieces could continue to normalize after an impressive performance over the past two to three years, Bernstein analysts write in a research note. \"The situation seems to be a gradual soft landing,\" they say. In February, total exports of Swiss watches declined 3.8% on year to CHF2.15 billion. \"The investment scenario is getting more complicated,\" Bernstein says, adding that concerns about moderating luxury demand are still present. However, a solid end to 2023 of some European luxury companies and reassuring comments about the first quarter have pushed back fears of a market contraction this year, they say. Bernstein rates both Richemont and Swatch as outperform. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2420245608","title":"Decline in Swiss Watch Exports Doesn't Bode Well for Some Luxury Companies -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2420245608","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2420245608?lang=en_us&edition=fundamental","pubTime":"2024-03-19 18:08","pubTimestamp":1710842880,"startTime":"0","endTime":"0","summary":"1007 GMT - Exports of Swiss watches fell in February following a period of slowing growth, which could be a negative signal for luxury companies, Citi analysts Thomas Chauvet and Lorenzo Bracco write in a research note. Total exports dropped 3.8% on year to CHF2.15 billion, with sharp downturns in mainland China and Hong Kong. \"This could drive negative sentiment for Richemont, Swatch Group and the luxury sector,\" Citi says. Exports to Japan and the U.S. in February held up, while key European markets deteriorated sharply, they say. That said, hard luxury categories seem to be more resilient than in the past, which reflects the appeal of branded jewelry and a handful of top Swiss watch brands, Citi says. Shares in Richemont and Swatch trade 1.8% and 2.3% lower, respectively. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2420211591","title":"Declining Swiss Watch Exports Could Cast Clouds for Richemont, Swatch -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2420211591","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2420211591?lang=en_us&edition=fundamental","pubTime":"2024-03-19 16:21","pubTimestamp":1710836460,"startTime":"0","endTime":"0","summary":"0820 GMT - Swiss watch exports fell in February, which could be a negative read-across for hard luxury stocks including Richemont and Swatch Group, RBC Capital Markets analyst Piral Dadhania writes in a research note. Total exports of Swiss timepieces dropped 3.8% on year to CHF2.15 billion, according to data from the Federation of the Swiss Watch Industry. Exports to mainland China and Hong Kong saw sharp declines, by 25% and 19% respectively, while those to the U.S. increased 5.5%. The U.K. posted a 2.1% decrease. The performance in the U.K. and to a lesser extent the U.S. could be viewed as stable to incrementally less negative for Watches of Switzerland, the analyst says. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2413290018","title":"Swatch Might Face Another Challenging Year Due to Uncertainties in China -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2413290018","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2413290018?lang=en_us&edition=fundamental","pubTime":"2024-02-22 20:34","pubTimestamp":1708605240,"startTime":"0","endTime":"0","summary":"1234 GMT - Swatch's softer-than-expected recovery in China could continue to weigh on its results, AlphaValue analyst Jie Zhang writes in a research note. The Swiss watchmaker, as well as other names in the luxury industry, is facing volatility in the country, one of the largest markets for the sector. \"We believe that the uncertain consumption pattern in China due to the challenging macro-economic climate and unpredictable political direction will continue to result in another challenging year for the group,\" AlphaValue says. The analyst anticipates better earnings stability at LVMH and Richemont. \"Only brands with unshakable desirability and secured by exclusive wealthier clientele would be more resilient,\" she says. Shares are up 0.5% at CHF213.60. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2412272871","title":"Swiss Watch Exports Follow Slowdown Trend in Luxury Sector -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2412272871","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2412272871?lang=en_us&edition=fundamental","pubTime":"2024-02-20 19:07","pubTimestamp":1708427220,"startTime":"0","endTime":"0","summary":"1107 GMT - Exports of Swiss watches in January grew on year, but showed continued normalization trends, in line with the overall picture of the luxury industry, Bernstein analysts write in a research note. Total exports grew 3.1% on year to CHF1.9 billion, according to data from the Federation of the Swiss Watch Industry. \"Swiss watch exports began the year with a modest yet positive growth,\" they say. The key question for 2024 seems to be how much slower demand will be, the analysts say, adding that the luxury industry should bottom out this year. Bernstein rates Richemont and Swatch as outperform. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2411369803","title":"LVMH, Richemont Results Offer Hope But Luxury Demand Could Stay Low -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2411369803","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2411369803?lang=en_us&edition=fundamental","pubTime":"2024-02-13 23:49","pubTimestamp":1707839340,"startTime":"0","endTime":"0","summary":"1549 GMT - Both LVMH and Richemont posted results that gave some relief to investors in a context of normalizing sales-growth trends in luxury companies, Barclays analysts Carole Madjo and Wendy Liu say in a note. LVMH posted 2023 sales above analysts' forecasts, while Richemont's third-quarter print showed the resilience of its jewelry division. \"We now think that we are getting close to the end of the downgrade cycle,\" they say. However, the solid trends corresponding to the fourth quarter of the calendar year were helped by an easy comparison base and consumer demand is expected to remain low during the first half, they say. Barclays continues to prefer Richemont to LVMH due to better top-line momentum. Shares are down 1.9% and 2.6% respectively. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2406793201","title":"Heard on the Street: Louis Vuitton's Owner Calms Jittery Investors -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2406793201","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2406793201?lang=en_us&edition=fundamental","pubTime":"2024-01-26 22:07","pubTimestamp":1706278020,"startTime":"0","endTime":"0","summary":"With a 12% jump  in European morning trading, Louis Vuitton's owner is on track for its best day on its home stock market in almost 15 years. It shows just how fearful luxury investors had become.LVMH Mot Hennessy Louis Vuitton, the world's biggest luxury goods company, released slightly better-than-expected results after the Paris market closed on Thursday. Sales rose 10% in the fourth quarter of 2023  compared with a year earlier.Investors had been expecting worse news. LVMH's shares touched a 14-month low last week. The luxury earnings season has been a mixed bag so far, with profit warnings from Burberry and Watches of Switzerland and a strong performance from Cartier's owner Richemont.While demand at LVMH is weaker than what it experienced during the pandemic, sales growth is still slightly above its 9% 35-year average, analysts at Citi noted.One eye-catching detail was a 4% increase in sales at the company's wine and spirits division, which had previously been shrinking because o","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2406763111","title":"LVMH Earnings Spark Luxury Stock Rally -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2406763111","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2406763111?lang=en_us&edition=fundamental","pubTime":"2024-01-26 19:33","pubTimestamp":1706268780,"startTime":"0","endTime":"0","summary":"The pandemic luxury boom may be winding down, but it hasn't turned to a bust just yet.LVMH Moet Hennessy Louis Vuitton--the world's largest luxury-goods company--reported above-forecast sales for 2023  from 2022.Shares of LVMH jumped about 10% on Friday after the results, adding the equivalent of around $39 billion to the company's market value.Other European luxury fashion and beverage stocks also surged:. LVMH said growth was helped by an improvement in U.S. sales and an easier comparison with a year earlier, when Covid-19 cases swept over China.Barclays upgraded European luxury stocks to overweight early Friday.\"We see the global diversification of luxury goods companies, as well as their higher exposure to the U.S., as a good balance against their China exposure,\" equity strategists led by Emmanuel Cau said.LVMH lost its spot as the largest public company in Europe in the fall to Novo Nordisk, the Danish maker of the Ozempic weight-loss and diabetes drug .LVMH's results are likely ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":1},{"id":"2404615061","title":"Kering: Beset By Cyclical Headwinds; Shares Undervalued","url":"https://stock-news.laohu8.com/highlight/detail?id=2404615061","media":"seekingalpha","top":-1,"share":"https://ttm.financial/m/news/2404615061?lang=en_us&edition=fundamental","pubTime":"2024-01-20 19:45","pubTimestamp":1705751128,"startTime":"0","endTime":"0","summary":"Kering shares have fallen sharply over the past year, with the luxury goods giant facing both macroeconomic and brand-specific headwinds right now.While Gucci's underperformance is stark versus peers ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://seekingalpha.com/article/4663939-kering-beset-by-cyclical-headwinds-shares-undervalued","is_publish_highlight":false,"gpt_icon":0},{"id":"2404244502","title":"Chinese Customers Continue to Cut Luxury Spending -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2404244502","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2404244502?lang=en_us&edition=fundamental","pubTime":"2024-01-19 22:58","pubTimestamp":1705676280,"startTime":"0","endTime":"0","summary":"1458 GMT - Chinese consumers continue to reduce spending on luxury goods, as they are more concerned about the economic environment, Barclays analysts say citing a survey in partnership with Vogue Business. During the fourth quarter of 2023, the percentage of consumers with a higher budget spent on luxury decreased to 17% from 21% in the previous three months, Barclays says. As for the first quarter of 2024, consumers are likely to continue reducing luxury spending, despite the fact that the key spending moment, Chinese New Year, falls in February, the analysts say. Only 19% of respondents intend to spend more than CNY15,000 on luxury goods during the holiday, compared with 35% during the same period last year. Hermes and Richemont are Barclays's preferred names in the luxury space. ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2404061265","title":"Richemont Seen Helped Through Luxury Slowdown by Jewelry Brands -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2404061265","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2404061265?lang=en_us&edition=fundamental","pubTime":"2024-01-19 21:55","pubTimestamp":1705672500,"startTime":"0","endTime":"0","summary":"1355 GMT - Richemont reported a more resilient than expected third-quarter print amid a challenging environment for peers in the luxury sector, Deutsche Bank analysts Matt Garland and Shwetha Ramachandran write. The Swiss luxury group booked a 12% increase at constant-exchange rates in jewelry sales, which reflects the underappreciated resilience of its differentiated brand offer in Cartier and Van Cleef & Arpels, the analysts say. Despite signs of overall growth slowdown, the business looks relatively well placed given its strong medium-term earnings power, Deutsche Bank says. Momentum should be positive into the challenging fourth quarter this year, the analysts say, citing comments from the company's conference call. Shares are up 0.5% at CHF116.95. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2404571199","title":"European Luxury Companies Face Divergent Trends on Shifting Consumer Landscape -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2404571199","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2404571199?lang=en_us&edition=fundamental","pubTime":"2024-01-19 19:29","pubTimestamp":1705663740,"startTime":"0","endTime":"0","summary":"1129 GMT - European luxury companies face diverging trends during the earnings season partly due to their exposure to different consumers, UBS analysts write in a research note. Brunello Cucinelli posted a strong set of numbers, they say, and Richemont reported a sales beat in its core division jewelry Maisons. Meanwhile, Burberry cut its guidance due to a continued fall in luxury demand. \"One of the key trends emerging in the sector in 2023 was the weakness of the aspirational consumer, which is being more impacted by the current macro context,\" UBS says, noting that exposure to high-end clientele could explain the exceptional performance of Brunello Cucinelli and Richemont and bodes well for Hermes. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2404535774","title":"European Luxury Sector Expected to See Slowing Growth -- Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2404535774","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2404535774?lang=en_us&edition=fundamental","pubTime":"2024-01-18 23:00","pubTimestamp":1705590000,"startTime":"0","endTime":"0","summary":"Europe's luxury sector is expected to report slower sales growth in the coming weeks, as company updates begin coming in. The sector is facing normalization trends after the exceptional growth that followed the pandemic and a softer-than-expected recovery in China. Here's what you need to know ahead of earnings season:. -- DIMINISHED DEMAND: After the postpandemic euphoria, the luxury-goods industry has entered a phase of normalisation, which should fully materialise in 2024, Barclays analysts wrote in a research note. Goldman Sachs recently cut its 2024 global industry growth outlook to 6% from 8%, weighted toward the second half. \"The upcoming reporting season should highlight the risk of another year of U.S. normalization, ongoing weakness in Europe and the possibility of a limited boost from travel to Chinese spend,\" Jefferies analysts said in a note to clients.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0}],"profile":{"websiteUrl":"http://www.richemont.com","stockEarnings":[{"period":"1week","weight":0.0273},{"period":"1month","weight":-0.1229},{"period":"3month","weight":-0.147},{"period":"6month","weight":-0.0097},{"period":"1year","weight":-0.0097},{"period":"ytd","weight":0.107}],"description":"Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories. The company offers its products under the Buccellati, Cartier, Van Cleef & Arpels, A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Piaget, Roger Dubuis, Vacheron Constantin, Alaïa, AZ Factory, Chloé, Delvaux, dunhill, Montblanc, Peter Millar, Purdey, Serapian, TIMEVALLEE, Watchfinder & Co., NET-A-PORTER, MR PORTER, The Outnet, and YOOX brands through boutiques and online stores. Compagnie Financière Richemont SA was incorporated in 1979 and is headquartered in Bellevue, Switzerland.","exchange":"PINK","name":"Compagnie Financiere Richemont AG","nameEN":"Compagnie Financiere Richemont AG"},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"Compagnie Financiere Richemont AG(CFRUY),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest Compagnie Financiere Richemont AG(CFRUY) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"Compagnie Financiere Richemont AG,CFRUY,Compagnie Financiere Richemont AG股票,Compagnie Financiere Richemont AG股票老虎,Compagnie Financiere Richemont AG股票老虎国际,Compagnie Financiere Richemont AG行情,Compagnie Financiere Richemont AG股票行情,Compagnie Financiere Richemont AG股价,Compagnie Financiere Richemont AG股市,Compagnie Financiere Richemont AG股票价格,Compagnie Financiere Richemont AG股票交易,Compagnie Financiere Richemont AG股票购买,Compagnie Financiere Richemont AG股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"Compagnie Financiere Richemont AG(CFRUY),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest Compagnie Financiere Richemont AG(CFRUY) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}

Introduction