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Luxury stocks rally on Richemont sales beat — but the sector still needs China, says analyst

Luxury stocks rally on Richemont sales beat — but the sector still needs China, says analyst
MarketWatch Wednesday 15 July 2026, 10:54 UTC By Nora Redmond 1 min read
Key Points

The luxury company that owns Cartier reported a 20% increase in sales year-on-year, boosting its stock.

The luxury company that owns Cartier reported a 20% increase in sales year-on-year, boosting its stock.
Richemont (ORG) China (LOCATION) Cartier (ORG)
Originally published by MarketWatch Read original →

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