Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier jewelry, a sign of recovering demand for luxury goods.
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The Americas and Europe drove the performance, with purchases of expensive jewelry outweighing weak watch sales ... the market is showing signs of stabilization” in China, Vontobel analyst ...
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(IDEX Online) - Richemont, the Swiss luxury goods conglomerate, saw jewelry sales from its Cartier, Van Cleef & Arpels,Vhernier and Buccellati jewelry maisons surge by 14 per cent in the last three ...
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