CFRHF Stock Recent News

Cartier-owner Richemont has agreed to sell its Yoox Net-A-Porter (YNAP) online fashion and accessories business to Mytheresa in exchange for a 33% stake in the German luxury fashion platform, it said on Monday.

Richemont said on Tuesday that Louis Ferla will replace Cyrille Vigneron as chief executive officer of its Cartier jewellery brand.

The  S&P 500 Luxury Goods Index  has experienced a torrid start to the year, falling by nearly 5%. However, I wouldn't be worried about my luxury goods stocks if I were you.