Switzerland-based luxury goods company Richemont has posted a 16% rise in sales for the first half of the year. Operating income rose 31% to €436 million.

Results at the company’s leather and accessories businesses were said to be encouraging. Sales increased by 11% at Alfred Dunhill, thus halving the losses reported in the comparable prior-year period. Lancel also posted higher sales and reduced losses. After a year of dramatic growth last year, Chloé once again doubled its sales during the six-month period.

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