CFR.SW
$137.10
Compagnie Financière Richemont SA, an investment holding company, engages in the luxury goods business.
Recent News
HSBC Report: Luxury Set to Rebound in 2026
One of the world’s largest banking and financial services organizations has buy ratings on seven of the eight luxury stocks it covers.
SIG or CFRUY: Which Is the Better Value Stock Right Now?
SIG vs. CFRUY: Which Stock Is the Better Value Option?
Investor FOMO Shows Up at Gucci — Heard on the Street
Kering’s surging stock shows investors don’t want to miss out on what could become a big luxury turnaround story. Full-year results Tuesday show the challenges facing new boss Luca de Meo, who joined Kering from the automotive industry. Sales at Kering fell 10% last year and operating profits dropped a third.
Luxury Brands Need a Comeback in China. They Shouldn’t Count on It.
Even with a stock market that is outperforming the S&P 500, Chinese shoppers aren’t flocking to luxury brands as they once did.
Heard on the Street: A Hurting Middle Class Is a Problem for Louis Vuitton
This is a headache for companies such as LVMH, whose business is set up to sell luxury to the masses. Its main profit engine, the fashion and leather goods division, recorded its sixth consecutive quarter of declining sales. LVMH's cognac business is also weak as middle-income consumers in China and America trade down to cheaper alcohol brands.