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Richemont Sales Jump on Strong Demand for Cartier

Sales in the Swiss group’s all-important jewellery unit soared 11% in the most recent quarter, making Richemont more resilient than rivals like LVMH in a challenging market for luxury goods.
Richemont named the head of its watch brand Vacheron Constantin as the new chief executive officer of Cartier, the latest in a series of senior management changes.
Richemont's jewellery division generates about 72 percent of total group sales. (Getty)

Richemont SA

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