Cartier owner Richemont posted Friday a hefty drop in net profit for the first half of the year as watch sales sank in China.
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Cartier jewellery owner Richemont reported a dip in quarterly sales on Friday, as the luxury goods group largely offset ...
Cartier owner Richemont said weaker consumer spending in China hurt sales, particularly at its watch brands, as a luxury downturn that is hurting most players in the industry rumbles on.
By John Revill and Mimosa Spencer ZURICH (Reuters) -Cartier jewellery owner Richemont reported a dip in quarterly sales on ...