Andrea Felsted, Columnist

Not All of Luxury Can Glitter Like Cartier

Richemont suggests the worst might be over for Big Bling, but it has advantages other companies don’t.

January 16, 2025 at 10:01 AM UTC

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

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The bling bloodbath is so last season.

Cie Financiere Richemont SA on Thursday reported a 10% increase in sales excluding currency movements in the three months ended Dec. 31, far outpacing the less than 1% that analysts had expected.