News

Richemont predicts tough year after sales dip

20/05/2016

Luxury group Richemont, who owns brands including jewellery manufacturer Cartier and luxury goods retailer Alfred Dunhill, said it expects to face a challenging year after sales dropped 18% in the first quarter of 2016. “In the near term, we are doubtful that any meaningful improvement in the trading environment is to be expected. Challenging...

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