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The world's wealthiest are continuing to adorn themselves with the finest jewelry even as broader luxury shoppers pull back.

Cartier owner Richemont on Friday posted better-than-expected fiscal fourth-quarter sales as the wealthiest spenders continued to shrug off global macroeconomic uncertainty.

Burberry on Wednesday announced a slew of organization changes, amid continued turnaround efforts at the embattled luxury house.

Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead.