Richemont Flexes Its Jewelry Talent Again -- Market Talk

Dow Jones01-15

0644 GMT - Richemont has once again shown the importance of maintaining momentum at its brands and the wider jewelry category, analysts at Bernstein write in a note to clients. The Swiss luxury giant, owner of Cartier and Van Cleef & Arpels, beat expectations for fiscal third-quarter sales with an 11% leap at constant currency. This is yet another demonstration that comparison bases are less important than category and brand momentum, Bernstein says. Richemont is proving able to navigate a polarized social environment and keep both aspirational and high-end consumers under the same roof," the brokerage says, keeping an outperform rating and a 200-Swiss franc target on the stock. (joshua.kirby@wsj.com; @joshualeokirby)

(END) Dow Jones Newswires

January 15, 2026 01:44 ET (06:44 GMT)

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Richemont is proving able to navigate a polarized social environment and keep both aspirational and high-end consumers under the same roof,\" the brokerage says, keeping an outperform rating and a 200-Swiss franc target on the stock. 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The Swiss luxury giant, owner of Cartier and Van Cleef &amp; Arpels, beat expectations for fiscal third-quarter sales with an 11% leap at constant currency. This is yet another demonstration that comparison bases are less important than category and brand momentum, Bernstein says. Richemont is proving able to navigate a polarized social environment and keep both aspirational and high-end consumers under the same roof,\" the brokerage says, keeping an outperform rating and a 200-Swiss franc target on the stock. 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