RICHEMONT(CIE FIN) SPON ADR EACH REPR 0.1 ORD (CFRUY)

8.59
0.04 0.53
OTC
Prev Close 8.54
Open 8.60
Day Low/High 8.56 / 8.60
52 Wk Low/High 5.66 / 8.76
Volume 28.45K
Exchange OTC
Shares Outstanding 5220.00B
Market Cap 44.27B
Div & Yield N.A. (N.A)

Latest News

European Stocks Rebound Following Trump Rout

European Stocks Rebound Following Trump Rout

European stocks rebounded Friday as investors shook off the pessimism of recent days, with price action supported by both M&A as well as corporate earnings news.

Dufry Stock Surges After New Investors Jet Into Duty-Free Retailer

Dufry Stock Surges After New Investors Jet Into Duty-Free Retailer

Dufry stock surged Friday after a filing with the Swiss regulator showed the world's second largest luxury goods firm, Richemont, jetting into fourth position on the duty-free retailer's shareholder register.

Richemont Shares Fall the Most Since January 2016 After Luxury Watch Sales Slump

Richemont Shares Fall the Most Since January 2016 After Luxury Watch Sales Slump

Richemont shares fell the most in 16 months Friday after the maker of luxury watches reported a 14% drop in first quarter profit as it grapples with dwindling demand.

Is Now the Time to Buy Jewelry Stocks in China?

Is Now the Time to Buy Jewelry Stocks in China?

After a torrid three years, jewelry retailers appear to be striking gold again in Hong Kong.

Swatch Caps Tough Year for Swiss Watches With 45% Fall in 2016 Profit

Swatch Caps Tough Year for Swiss Watches With 45% Fall in 2016 Profit

Sales and operating profit both missed analyst expectations by high single-digits, but a resurgence in Chinese buying offers hope.

Swatch and Burberry Set to Profit From Luxury Spending Renaissance in China

Swatch and Burberry Set to Profit From Luxury Spending Renaissance in China

China's renewed demand for luxury and growing love of sports brands should drive growth over 2017, but not all brands will profit equally.

Remy Cointreau Investors Toast U.S. and Chinese Growth With 10% Gain

Remy Cointreau Investors Toast U.S. and Chinese Growth With 10% Gain

A 22% increase in cognac sales swamped analyst expectations, pushing the French company's shares to a 12-month high.

Richemont Stock Hits 52-Week High on Brexit Sales Surge

Richemont Stock Hits 52-Week High on Brexit Sales Surge

Richemont sees sales up 5% in the third quarter on strong demand from U.K. tourists taking advantage of the lower pound.

Swiss Watchmakers Face Apple Challenge Amid Global Sales Slump

Swiss Watchmakers Face Apple Challenge Amid Global Sales Slump

Industry data shows export value of Swiss watches falling 10.4% so far in 2016 as the Apple Watch challenges 'spring and cog' time pieces.

Richemont Surges as Cartier Maker Shakes Up Senior Management

Richemont Surges as Cartier Maker Shakes Up Senior Management

Richemont's CEO and CFO will retire along with a third of its board as the company restructures to arrest a slump in sales.

Apple Watch an Increasing Threat to Swiss Luxury Watches

Apple Watch an Increasing Threat to Swiss Luxury Watches

Apple Watch is likely to pose a threat, especially to some Swatch lines, UBS analysts say.

Richemont (CFRUY) Reveals Luxury Sector Outlook is Weakening

Richemont (CFRUY) Reveals Luxury Sector Outlook is Weakening

Richemont (CFRUY) reported a drop in operating profits yesterday, revealing an overall down-tick in the luxury sector, CNBC's Robert Frank reported.

Hermes Scraps 8% Medium-Term Sales Goal Due to External 'Uncertainties'

Hermes Scraps 8% Medium-Term Sales Goal Due to External 'Uncertainties'

The luxury goods maker had warned in July that full-year revenue growth could lag that target.

European Stocks Mixed; Luxury Goods Shares Plunge

European Stocks Mixed; Luxury Goods Shares Plunge

U.S. futures are steady, pointing to a positive opening.

Richemont Warns of 45% First-Half Operating Profit Slump

Richemont Warns of 45% First-Half Operating Profit Slump

But the Baume & Mercier maker insists it's well positioned, with a strong balance sheet and portfolio of long-established brands.

Swatch, Richemont Shares Lower Following Barclays Downgrades

Swatch, Richemont Shares Lower Following Barclays Downgrades

Analysts point to industry overcapacity and high inventories but note that consumption is robust, particularly in China.

Swiss Watch Stocks Down on July Export Slump

Swiss Watch Stocks Down on July Export Slump

But a weaker British pound boosts sales in the U.K.

European Stocks Mixed After Terror Attacks in France; Bund Yield Up to 0%

European Stocks Mixed After Terror Attacks in France; Bund Yield Up to 0%

Airline stocks drop following terror attack; 10-year German bond yield rises above 0% for first time since Brexit vote

Swatch Warns That First-Half Profit Will Halve, or Worse

Swatch Warns That First-Half Profit Will Halve, or Worse

A strong Swiss franc dents sales in key markets.

European Stocks Recover; Gameloft Rises on Higher Vivendi Bid

European Stocks Recover; Gameloft Rises on Higher Vivendi Bid

Luxury goods maker Richemont bucks the positive trend after delivering a gloomy prognosis.

European Stocks Rise; Cartier Maker Richemont Pares Early Losses on Cost Cuts

European Stocks Rise; Cartier Maker Richemont Pares Early Losses on Cost Cuts

A mining recovery helps push the FTSE 100 higher, while the Dax rises after more weak price data.

Richemont Warns on Luxury Outlook as April Sales Plunge

Richemont Warns on Luxury Outlook as April Sales Plunge

The Cartier maker misses consensus expectations in the full year and says a 'meaningful improvement' in the environment is doubtful any time soon.

European Stocks Drop Again as Global Growth Slows

European Stocks Drop Again as Global Growth Slows

European stocks fell again on Thursday, taking their cue from Asia on concerns about global growth and fading expectations of an imminent U.S. interest rate hike.

European Stocks Trade Mixed After Switzerland Scraps Euro Exchange Cap

European Stocks Trade Mixed After Switzerland Scraps Euro Exchange Cap

European stocks are mixed on Thursday, as an upset by Switzerland's central bank hammered shares in the Alpine nation.

Load Up on Lloyds, Marine Harvest

Load Up on Lloyds, Marine Harvest

In this episode of Buy This, Sell That!, Paul Erlichman, portfolio manager for the Legg Mason Global Currents International All Cap Opportunity Fund, names his favorite stocks including Lloyds Banking Group and Marine Harvest.

China, Brazil Will Resume Rally in 2013

China, Brazil Will Resume Rally in 2013

Bob Smith, Portfolio Manager for the T. Rowe Price International Stock Fund, says emerging market stocks, especially in China and Brazil, will regain their footing and rally in 2013.