Morgan Stanley expressed a bullish stance on Richemont (SIX: CFR ), the parent company of luxury brands Cartier and Van Cleef ...
For instance, Omega became the luxury marque to compete with Rolex and Richemont’s Cartier. It’s Swatch Group’s most lucrative brand, accounting for 35% of its sales, according to Morgan Stanley ...
European markets retreated at the end of a volatile week marked by whipsawing policy on U.S. tariffs, an ECB rate cut and ...
Luxury stocks included Burberry, Kering and Richemont all also fell more than ... higher long-term yields and a stronger euro exchange rate," Morgan Stanley analysts said in a note Thursday.
This is CNBC's live blog covering European markets. European markets are heading for a lower open Friday, rounding off a volatile week marked by whipsawing policy on U.S. tariffs, the latest rate ...