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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.
Luxury group Cartier-owner Richemont announced a rejig of its top management on Friday, promoting the head of its Van Cleef & Arpels jewellery brand to group chief executive, saying it was returning...
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.
MARKET WRAPS Stocks: European stocks traded lower on Friday, tracking declines in Asia and the U.S., as stocks reversed the rally that followed this week's U.S. inflation data. A sea of... -May 17, 2024 at 05:55 am EDT - MarketScreener