Richemont on the up after difficult fiscal 2004
04/05/2004
Swiss luxury goods group, Richemont, has posted mixed results for the fiscal year ended
The company, which is the world’s second largest luxury conglomerate, posted unaudited sales of €3.4 billion – a decrease of 8% or unchanged in constant currency terms. For the second half of the year, sales rose 6% in constant currency terms or fell 1% at actual exchange rates.