1216 GMT - Richemont is benefiting from continued investments and consistency coming to fruition, analysts at HSBC write in a research note. The Swiss luxury group's core jewelry business should see growth in the high-single-digit to low-double-digit range over the next 18 to 24 months, barring any macro incident, the analysts say. Richemont's brands are outperforming rivals, they add. "Branded luxury jewelry is a great place to be it seems in the luxury sector today," the analysts say, noting that the value proposition works. Many brands have been reasonable in price hikes relative to peers that sell handbags, creativity abounds, and the segment's visibility has increased thanks to efficient marketing, HSBC says. The stock trades 1.6% higher. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

November 24, 2025 07:16 ET (12:16 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.