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Richemont announces the appointment by its Board of Directors of Nicolas Bos, currently Managing Director of Van Cleef & Arpels, to the re-created position of CEO and as a member of the Group's...
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.
Cartier: The company, which also owns high-end Swiss watch brands, such as Piaget and Jaeger-LeCoultre, said sales fell to 4.80 billion euros ($5.21 billion) in the three months to the end of March.
The appointment of Nicolas Bos comes at a time of slowing sales for Richemont and an overall slowdown in luxury sales.