Cartier and Asia boost Richemont s quarterly sales
Updated / Wednesday, 20 Jan 2021
11:12
The Cartier owner said it had seen strong growth in Asia Pacific with China sales up 80%
Richemont, the maker of Cartier and Van Cleef & Arpels brands, has today posted a 5% increase in quarterly sales led by strong growth at its jewellery brands in Asia Pacific and the Middle East.
Luxury watches sales have contracted sharply during the Covid-19 pandemic, but the jewellery category led by Richemont s Cartier brand has fared better, motivating LVMH s recent acquisition of US jeweller Tiffany.
Richemont, the world s second biggest luxury group behind LVMH, said sales at constant exchange rates grew 5% in the company s third quarter, while sales at current rates rose 1% to €4.19 billion.
El presidente del Chapecoense brasileño muere víctima del covid-19
alertadigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alertadigital.com Daily Mail and Mail on Sunday newspapers.
HOY / No se creen que el Barcelona vaya por el joven artillero Haaland
hoy.com.py - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hoy.com.py Daily Mail and Mail on Sunday newspapers.