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Feb. 8, 2026
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Commerce

Luxury slowdown reached Richemont last quarter

November 10, 2023

Many names throughout the luxury landscape are managing moderate sales. Image credit: Richemont Sales from the group's jewelry division remain strong, upholding the performance of Richemont's portfolio. Image credit: Cartier

 

By Luxury Daily News Service

Swiss luxury conglomerate Richemont is reporting a slump in the second quarter of its current fiscal year.

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