Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown

Cartier owner Richemont on Friday posted better-than-expected quarterly sales as the wealthiest spenders continued to shrug off global economic uncertainty.

May 16, 2025 - 10:20
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Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown
Cartier owner Richemont on Friday posted better-than-expected quarterly sales as the wealthiest spenders continued to shrug off global economic uncertainty.