Richemont remains cautious on raising jewellery prices despite high gold prices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 08 2024
0mins
Should l Buy ?
Source: Yahoo Finance
Richemont's Pricing Strategy: Richemont, the owner of Cartier, plans to maintain a cautious approach to jewelry pricing despite rising gold prices, with no immediate plans for price increases in the coming months.
Market Conditions and Price Adjustments: The luxury market is experiencing a downturn, leading to limited and targeted price increases over the past year, while efforts are made to minimize regional price differences to deter reselling.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
