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Richemont Q3 Sales Up 23%

In Reports, What's New, Industry News by Accessories Staff

Geneva—Although Richemont reported today a 23% increase in its third quarter sales, the company cautioned that its fourth quarter would be tougher due to the strong Swiss Franc and higher prior year comparatives. Richemont, which owns Cartier, Montblanc, Van Cleef & Arpels among others, reported that Asian demand for its …