Rupert’s Richemont profits as retail therapy persists
Richemont, the owner of Cartier and Van Cleef & Arpels, reported a more than doubling in first-quarter revenue.
Richemont, the owner of Cartier and Van Cleef & Arpels, reported a more than doubling in first-quarter revenue.
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Luxury group Richemont’s sales in the third quarter increased by 5% at constant exchange rates compared to the prior period, with China leading sales.
Richemont’s sales in the third quarter increased by 5% at constant exchange rates compared to the prior period, with China leading sales.
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Richemont said Friday that sales in its fourth quarter, covering the three months through March, fell 19% year over year at constant exchange rates.