Richemont posts improved sales
Swiss luxury goods group Richemont has reported improved sales for the first quarter ended June 30.
According to the company, the first three months saw a continuation of the growth seen during the preceding twelve months. In the three-month period, overall sales grew 9% at actual exchange rates, whilst underlying growth of 15% at constant exchange rates was offset by the weakness of dollar-related currencies and the yen during the period.