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@CNBCi correspondent based in London. Formerly @CNBCMakeIt in Singapore. Views my own. Tips and ideas: Karen.Gilchrist@nbcuni.com
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Articles by Karen Gilchrist
Search ArticlesShares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned. The Cartier owner said group sales rose 3% to an all-time high of 20.6 billion euros in the year to March despite a weakening outlook for luxury brands. Fourth-quarter sales fell 1% to 4.8 billion euros ($5.21 billion), driven by a slowdown in Asia-Pacific.
Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
• Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned. • The Cartier owner said group sales rose 3% to an all-time high of 20.6 billion euros in the year to March despite a weakening outlook for luxury brands. • Fourth-quarter sales fell 1% to 4.8 billion euros ($5.21 billion), driven by a slowdown in Asia-Pacific.
Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
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Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
Shoppers line up to enter a Cartier store, a unit of Cie. Financiere Richemont SA, on Canton Road in the Tsim Sha Tsui area of Hong Kong. Billy H.C. Kwok | Bloomberg | Getty ImagesShares of Swiss luxury group Richemont climbed as much as 6.3% Friday after the company reported record full-year sales, even as Asia-Pacific spending waned.
Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned. The Cartier owner said group sales rose 3% to an all-time high of 20.6 billion euros in the year to March despite a weakening outlook for luxury brands. Fourth-quarter sales fell 1% to 4.8 billion euros ($5.21 billion), driven by a slowdown in Asia-Pacific.
Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned. The Cartier owner said group sales rose 3% to an all-time high of 20.6 billion euros in the year to March despite a weakening outlook for luxury brands. Fourth-quarter sales fell 1% to 4.8 billion euros ($5.21 billion), driven by a slowdown in Asia-Pacific.
Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned. The Cartier owner said group sales rose 3% to an all-time high of 20.6 billion euros in the year to March despite a weakening outlook for luxury brands. Fourth-quarter sales fell 1% to 4.8 billion euros ($5.21 billion), driven by a slowdown in Asia-Pacific.
Shares of Cartier owner Richemont climb on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned. The Cartier owner said group sales rose 3% to an all-time high of 20.6 billion euros in the year to March despite a weakening outlook for luxury brands. Fourth-quarter sales fell 1% to 4.8 billion euros ($5.21 billion), driven by a slowdown in Asia-Pacific.
Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned. The Cartier owner said group sales rose 3% to an all-time high of 20.6 billion euros in the year to March despite a weakening outlook for luxury brands. Fourth-quarter sales fell 1% to 4.8 billion euros ($5.21 billion), driven by a slowdown in Asia-Pacific.
European markets to open lower after snapping nine-day winning streak
This is CNBC's live blog covering European markets. European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment. The pan-European Stoxx 600 closed lower Thursday as earnings misses from Siemens and EasyJet weighed on the index. Earnings come Friday from Richemont and Engie, while inflation updates are due out of the U.K. and euro zone.
European markets to open lower after snapping nine-day winning streak
European markets: Here are the opening callsEuropean markets are expected to open lower Friday. The U.K.'s FTSE 100 index is expected to open 12 points lower at 8,416, Germany's DAX down 36 points at 18,686, France's CAC 25 points lower at 8,163 and Italy's FTSE MIB down 105 points at 34,975, according to data from IG. Earnings are due from Richemont and Engie, while inflation updates are due out of the U.K. and euro zone.
European markets to open lower after snapping nine-day winning streak
This is CNBC's live blog covering European markets. European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment. The pan-European Stoxx 600 closed lower Thursday as earnings misses from Siemens and EasyJet weighed on the index. Earnings come Friday from Richemont and Engie, while inflation updates are due out of the U.K. and euro zone.
European markets to open lower after snapping nine-day winning streak
European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment. The pan-European Stoxx 600 closed lower Thursday as earnings misses from Siemens and EasyJet weighed on the index. Earnings come Friday from Richemont and Engie, while inflation updates are due out of the U.K. and euro zone.
European markets open after snapping nine-day winning streak; Richemont up 6.3%
This is CNBC's live blog covering European markets. European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment. The pan-European Stoxx 600 closed lower Thursday as earnings misses from Siemens and EasyJet weighed on the index. Earnings come Friday from Richemont and Engie, while inflation updates are due out of the U.K. and euro zone.
European markets to open lower after snapping nine-day winning streak
This is CNBC's live blog covering European markets. European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment. The pan-European Stoxx 600 closed lower Thursday as earnings misses from Siemens and EasyJet weighed on the index. Earnings come Friday from Richemont and Engie, while inflation updates are due out of the U.K. and euro zone.
European markets to open lower after snapping nine-day winning streak
This is CNBC's live blog covering European markets. European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment. The pan-European Stoxx 600 closed lower Thursday as earnings misses from Siemens and EasyJet weighed on the index. Earnings come Friday from Richemont and Engie, while inflation updates are due out of the U.K. and euro zone.
European markets to open lower after snapping nine-day winning streak
This is CNBC's live blog covering European markets. European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment. The pan-European Stoxx 600 closed lower Thursday as earnings misses from Siemens and EasyJet weighed on the index. Earnings come Friday from Richemont and Engie, while inflation updates are due out of the U.K. and euro zone.
European markets to open lower after snapping nine-day winning streak
This is CNBC's live blog covering European markets. European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment. The pan-European Stoxx 600 closed lower Thursday as earnings misses from Siemens and EasyJet weighed on the index. Earnings come Friday from Richemont and Engie, while inflation updates are due out of the U.K. and euro zone.
European markets to open lower after snapping nine-day winning streak
This is CNBC's live blog covering European markets. European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment. The pan-European Stoxx 600 closed lower Thursday as earnings misses from Siemens and EasyJet weighed on the index. Earnings come Friday from Richemont and Engie, while inflation updates are due out of the U.K. and euro zone.
EasyJet shares fall on profit miss, CEO departure
Shares of EasyJet fell more than 7% Thursday after the low-cost airline posted a slightly larger than expected pre-tax loss of £350 million. The shortfall was higher than the £340 million expected by analysts, but less than the £392 million loss reported the year earlier. CEO Johan Lundgren also announced that he would step down in 2025 after seven years at the helm of the business.
EasyJet shares fall on profit miss, CEO departure
EasyJet Plc passenger aircraft on the tarmac at London Southend Airport in Southend-on-Sea, UK, on Friday, May 3, 2024. Shares of EasyJet fell more than 7% on Thursday after the low-cost airline posted a slightly larger-than-expected loss in the first half of the fiscal year and announced the forthcoming departure of its CEO.
EasyJet shares fall on profit miss, CEO departure
Shares of EasyJet fell more than 7% Thursday after the low-cost airline posted a slightly larger than expected pre-tax loss of £350 million. The shortfall was higher than the £340 million expected by analysts, but less than the £392 million loss reported the year earlier. CEO Johan Lundgren also announced that he would step down in 2025 after seven years at the helm of the business.
EasyJet shares fall on profit miss, CEO departure
Shares of EasyJet fell more than 7% Thursday after the low-cost airline posted a slightly larger than expected pre-tax loss of £350 million. The shortfall was higher than the £340 million expected by analysts, but less than the £392 million loss reported the year earlier. CEO Johan Lundgren also announced that he would step down in 2025 after seven years at the helm of the business.
EasyJet shares fall on profit miss, CEO departure
Shares of EasyJet fell more than 7% Thursday after the low-cost airline posted a slightly larger than expected pre-tax loss of £350 million. The shortfall was higher than the £340 million expected by analysts, but less than the £392 million loss reported the year earlier. CEO Johan Lundgren also announced that he would step down in 2025 after seven years at the helm of the business.
EasyJet shares fall on profit miss, CEO departure
Shares of EasyJet fell more than 7% Thursday after the low-cost airline posted a slightly larger than expected pre-tax loss of £350 million. The shortfall was higher than the £340 million expected by analysts, but less than the £392 million loss reported the year earlier. CEO Johan Lundgren also announced that he would step down in 2025 after seven years at the helm of the business.
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