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Retail

Richemont quarterly sales down 47pc over pandemic shutdowns, but ecommerce growth is strong

July 17, 2020

Richemont-owned Cartier recently launched its Surnaturel high jewelry collection Richemont-owned Cartier recently launched its Surnaturel high jewelry collection

 

By Luxury Daily News Service

As expected with the COVID-19 fallout, Cartier parent Richemont reported sales for the Swiss conglomerate’s fiscal first-quarter were down 47 percent compared to the year-ago period.

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  1. Mandarin Oriental restores Italian castle
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Audemars Piguet pop-up exhibition opens in Shanghai
Mandarin Oriental restores Italian castle
Rimowa honors the winners of its Rimowa Design Prize