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Richemont Group sales soared 24 per cent in December quarter, to €3.915 billion. It was largely down to the inclusion of online acquisitions Yoox-Net-A-Porter (YNAP) and Watchfinder, which were consolidated into the group’s accounts on May 1 and June 1,…
Asia Pacific has continued double-digit growth for heritage brand owner Richemont for its third quarter to the end of December. Total sales in the quarter increased by 7 per cent at constant exchange rates and by 1 per cent at actual rates over the same…
Feeling the pinch from a tough trading environment, luxury goods retailer Richemont has announced restructuring measures, including the closure of stores. Richemont Asia sales have declined despite a 26 per cent increase in sales in Mainland China. Global…
