1335 GMT - Richemont proved its resilience during the recent slowdown in the luxury industry, analysts at UBS say in a note. The Swiss luxury group benefited from the strength of its jewelry category, its leading brands and management team, the analysts say. This should continue next year, helped by a more supportive sector backdrop, they add. Although the company might face margin headwinds, including higher gold prices and currency fluctuations, it seems well positioned to offset them, UBS says. The analysts expect Richemont to continue to outgrow peers and forecast sales growth for the core jewelry division of 10% in fiscal 2027, above the luxury sector average. Shares are flat at 169.95 Swiss francs. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
November 27, 2025 08:35 ET (13:35 GMT)
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