Breaking Consumer prices rose at their slowest annual pace since early 2021 Stuttgart - Delayed Quote • EUR Compagnie Financiere Richemont SA (RITN.SG) Follow Add holdings 167.50 +2.60 +(1.58%) As of 2:39:24 PM GMT+2. Market Open. All News Press Releases SEC Filings The Weekend: Interest rate cuts and trade deals lift the mood Key moments from the last seven days, plus a glimpse at the week ahead Is Maplebear Inc. (CART) Stock Outpacing Its Retail-Wholesale Peers This Year? Here is how Maplebear (CART) and Compagnie Financiere Richemont AG (CFRUY) have performed compared to their sector so far this year. MYT Netherlands Parent B.V. ("Mytheresa") Receives Final Regulatory Clearance to Acquire YOOX NET-A-PORTER ("YNAP") From Richemont, With Closing Planned for 23 April 2025 MUNICH & GENEVA, April 11, 2025--Today, Mytheresa (NYSE:MYTE) received the unconditional merger control clearance from the European Commission for the acquisition of YNAP from Richemont (SWX:CFR), through its subsidiary Richemont Italia Holding S.P.A.. Mytheresa and Richemont have now received all other necessary approvals from regulatory authorities and plan to close the transaction on 23 April 2025. Stocks to watch this week: Goldman Sachs, TSMC, ASML, Netflix, LVMH and Sainsbury's Earnings preview of key companies reporting this week and what to look out for. Stocks to Watch Friday: Meta, Apple, Deutsche Bank, BP ↘️ Glencore (UK:GLEN): Fears of a global recession hit mining companies. Shares of Glencore, one of the world's biggest copper suppliers, fell more than 10% in London. ↘️ Apple (APPL); Meta Platforms (META): The two "Magnificent 7" stocks that saw the steepest falls Thursday both dropped at least 3% Friday. Luxury Stocks Take Tariff Lumps: Heard on the Street Luxury brands were immediate losers from President Trump's tariff onslaught. Capri, which owns Michael Kors, lost a quarter of its value in early trading and Ralph Lauren is down 17%. Both labels have outsourced manufacturing to Asian countries including Vietnam and China, so now face sky-high tariffs bills. How Rolex's new Land-Dweller watch aims to 'invigorate' the collector base "Watches and Wonders," the biggest trade show in the luxury timepiece world kicked off with a bang, with industry leader Rolex releasing its latest 2025 models. Retail sales: Finding safety in consumer-exposed sectors US retail sales rose by 0.2% in February, below economists' growth forecasts of 0.6% for the month; the University of Michigan's preliminary consumer sentiment reading for March saw the index fall to 57.9. TD Cowen senior research analyst Oliver Chen shares his top picks in the retail sector Madison Mills and Bullseye American Ingenuity Fund portfolio manager Adam Johnson, assessing how consumers, operators, and luxury brands are navigating trade tariff pressures. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Trending tickers: Trump Media, Intel, Alibaba, Novo Nordisk and Entain The latest investor updates on stocks that are trending on Monday. Stocks to watch this week: Netflix, United Airlines, Burberry, EasyJet and JD Wetherspoon Earnings preview of key companies reporting this week and what to look out for. Luxury stocks soar as Richemont sparks rally and hopes of sector turnaround Luxury goods stocks jumped on following Cartier-owner Richemont a surge in sales, prompting hopes of a turnaround for the sector. Stocks to watch this week: Goldman Sachs, Antofagasta, TSMC, Vistry and Ocado Earnings preview of key companies reporting this week and what to look out for. Rolex prices fall in 2024: What's driving the luxury watch market Rolex watches, along with other luxury watch names, have declined in value in 2024. Yahoo Finance Senior Reporter Pras Subramanian joins Brian Sozzi and Brad Smith on Morning Brief to discuss what's driving prices in the high-end watch market. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan. Norqain takes on the NYC Marathon — and bigger Swiss watch rivals For Swiss watch startup Norqain, a partnership with the just-completed TCS New York City marathon just makes sense. Why America is the place to be for luxury watch brands Last weekend's WatchTime NY event highlighted the importance of the American market to luxury watchmakers. MYT Netherlands Parent B.V. ("Mytheresa") and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER ("YNAP") to create leading, global, multi-brand digital luxury group in exchange for a 33% equity stake in Mytheresa MUNICH & GENEVA, Switzerland, October 07, 2024--Today, Mytheresa (NYSE:MYTE) and Richemont (SWX:CFR) announce that they have entered into binding agreements for the acquisition of 100% of the share capital of YNAP by Mytheresa. The transaction aims to create a leading, global, multi-brand digital luxury group offering a highly curated and strongly differentiated edit of the most prestigious luxury brands and products to luxury enthusiasts worldwide. Great investing debate: Growth or value stocks post-rate cuts? It's an age-old question among investors: which is better, growth investing or value investing? After the Federal Reserve's interest rate cut this week kicked off a highly-anticipated easing cycle, Catalysts hosts Seana Smith and Madison Mills spoke with a panel of experts about how the two investment strategies could play out in the months to come. Vontobel portfolio manager Markus Hansen and Greenwich Wealth's CIO Vahan Janjigian join Catalysts to lay out their investment thesis. Vahan favors value over growth — but says he's not a strict value investor. "What I really favor is stocks that are undervalued," he says, "and in many cases, that can be growth stocks." In terms of investments, Vahan notes he's leaning toward traditional value stocks, like IBM (IBM), Verizon (VZ), and Pfizer (PFE). And in the wake of the Fed's latest rate cut, Vahan sees small caps (IWM) as benefitting from changes to the yield curve. "I think as things normalize, we'll get back to what's considered normal. And that means value stocks outperform growth stocks and small cap stocks outperform large cap stocks." Markus and his team at Vontobel are quality growth focused. He says post-rate cut, he expects dividends will get a lot of love from investors. That's why he's favoring "good old fashioned names" like Coca-Cola (KO), Walmart (WMT), Home Depot (HD), and PepsiCo (PEP) for their sustained dividend growth. Luxury is also a sector he finds compelling for its wide economic moat. "It requires time to build that heritage, and to be the top brand," he says, and that longevity makes companies like Hermes (RMS.PA), Ferrari (RACE), and Richemont (CFR.SW) compelling. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Kathleen Welch Rolex prices are falling and supplies are rising For investors in Swiss watch brands, new data shows long-running price declines will continue. Trending tickers: Apple, Ocado, Richemont and Rio Tinto The latest investor updates on stocks that are trending on Tuesday. Stocks to watch this week: Anglo American, Burberry, TSMC and Netflix Earnings preview of key companies reporting this week and what to look out for. Performance Overview Trailing total returns as of 5/13/2025, which may include dividends or other distributions. Benchmark is MSCI WORLD (^990100-USD-STRD) Return RITN.SG MSCI WORLD (^990100-USD-STRD) YTD +125.50% +2.18% 1-Year +134.17% -- 3-Year +145.63% +43.94%