News

Richemont restructures management team

04/11/2016

Luxury group Richemont has announced plans to restructure its management team after disappointing financial results. Sales in the first six months of the 2016-17 financial year (which ended on September 30) dropped 12.6% to €5.1 billion. This came as a result of a drop in demand in all geographic regions and across all product categories....

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