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Shoppers walking past a Cartier store at the high-end shopping district of Ginza in Tokyo, Japan. Anadolu | Getty Images A currency-fueled spending splurge in the key Japanese luxury market has finally abated, weighing on sales at Cartier-owner Richemont. The Swiss luxury group’s Japan sales declined 15% year-on-year at constant exchange rates in the fiscal … Read more
A Cartier de Panthere wristwatch on display at a Cartier luxury goods store, operated by Cie. Financiere Richemont. Bloomberg | Getty Images Cartier owner Richemont on Friday posted better-than-expected fiscal fourth-quarter sales, as the wealthiest spenders continued to shrug off global macroeconomic uncertainty. Revenues at the Swiss luxury group rose 7% year-on-year at constant exchange rates to … Read more
Shoppers pass a Cartier luxury store, operated by Cie. Financiere Richemont SA, in the Galeries Lafayette SA luxury department store in Paris, France. Bloomberg | Bloomberg | Getty Images Shares of Cartier owner Richemont jumped on Thursday after the luxury group reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4