Chinese tourists boost Richemont's sales in Europe
06/09/2012
Richemont, one of the world's largest luxury goods groups, has said Europe was its fastest-growing region in the past five months, with sales driven by tourists from China. Sales in Europe grew 19%, compared with 12% in Asia and 8% in the Americas. The group is forecasting profits to rise between 20% and 40% for the six months to the end of...