U.S. shoppers fuel jewelry splurge despite tariff headwinds
A Pandora Bracelet at the PANDORA Concept Store. Franziska Krug | German Select | Getty Images U.S. shoppers are continuing to splurge on jewelry, even...
Tag : Compagnie Financiere Richemont SA
Chocolate, skincare and timepieces: What 39% tariffs on Swiss goods mean for U.S. consumers
Premium collection of dark, milk and white chocolates. Anna Kurzaeva | Moment | Getty Images U.S. buyers of Swiss products, from luxury watches and skincare...
Diamonds are forever? Not with tariffs in the way
Diamond rings and bracelets on display in a show window in Antwerp, Belgium. (Photo by Yuriko Nakao/Getty Images) Yuriko Nakao | Getty Images News |...
CNBC Daily Open: Downgrade of U.S. credit rating adds new complication to U.S. stock market
Pedestrians walk past the north entrance to the U.S. Treasury Department headquarters building on April 30, 2025, in Washington, DC. J. David Ake | Getty...
Wealthy shoppers are splashing the cash on jewelry — so long as it’s the right brand
A shopper passes a jewelry display in the window of a Van Cleef & Arpels luxury goods store, operated by Cie. Richemont SA, on via...
Luxury bellwether LVMH drops 8% on sales miss, dragging peers down
Louis Vuitton store window display in Mitsukoshi department store in Tokyo, Japan, on Friday, April 4, 2025. Bloomberg | Getty Images Shares of LVMH plunged...
Luxury firms face tariff hit as recession fears mount
A customer carries merchandise from a Hermes store on Feb. 14, 2025. Scott Olson | Getty Images Europe’s beloved luxury brands may be largely sheltered...
The biggest winners and losers in Europe as Trump announces sweeping tariffs
U.S. President Donald Trump stands, after delivering remarks on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. ...
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol...
Europe’s luxury sector is showing signs of revival — but China weakness and tariff threats loom
A Gucci luxury goods store in the Galleria Vittorio Emanuele shopping mall in Milan, Italy. Bloomberg | Bloomberg | Getty Images Europe’s troubled luxury sector...