European stocks closed on a positive note on Thursday with several major markets in the region rising to multi-month highs or new ...

European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak ...

French stocks are up in positive territory Thursday morning, lifted by strong gains in the luxury sector after French luxury goods ...

The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands ...

Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties ...

Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...

The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year. Inflation ticked higher overall, but stocks ...

The French group said it will receive net proceeds of €837 million. Kering will retain 40% of the ownership in the prime real ...

Gucci owner Kering and French private equity firm Ardian struck a deal to transfer three Paris real estate assets to a newly created joint venture, the companies announced on Wednesday, saying net ...

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Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal ...

Iris Knobloch, who became the first female president of the Cannes Film Festival in 2022, has been re-elected for another ...