News

Richemont announces 29% sales increase

07/11/2011

Swiss luxury goods company, Richemont, has posted that its five-month sales to August 2011 increased by 29% at actual exchange rates. At constant exchange rates, sales increased by 35%.

The Geneva-based company which owns brands such as Cartier, Alfred Dunhill, Jaeger-LeCoultre and Montblanc said its Asia-Pacific region continued to report “very” strong growth, with sales up 46% for the five months. Sales gained 26% in the Americas, 21% in Europe and Japan saw growth of 7%.

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